Privacy Policy

According to Section 135 of the Companies Act, 2013 read with the Companies (Corporate Social Responsibility Policy) Rules, 2014 every company having net worth of Rupees Five Hundred Crore or more or turnover of rupees one thousand crore or more or a net profit of rupees five crore or more during the immediately preceding financial year shall constitute a Corporate Social Responsibility Committee of the Board.

In compliance of the above requirements, CLAY CRAFT (INDIA) PRIVATE LIMITED, has constituted Corporate Social Responsibility (CSR) Committee and formulated a Policy.

Further, CSR is not viewed as a responsibility but is rather a duty as a responsible corporate citizen. Since inception, the Company has been actively engaged in the area of social and community development.

CSR Committee
Clay Craft (India) Private Limited has constituted Corporate Social Responsibility Committee (the “CSR Committee”) in line with Section 135 of the Companies Act, 2013 (the “Act”). The CSR Committee consists of following members of the Board:
 

  • Shri Padam Narain Agarwal (Chairman)
  • Shri Rajesh Narain Agarwal (Member)
  • Shri Bharat Agarwal (Member)


The Board of Directors of the Company may re-constitute the Committee, as and when required to do so, by following the sections, sub-sections, rules, regulations, notifications issued or to be issued, from time to time, by the Ministry of CorporateAffairs or the Central Government of India.

Subject to provisions of Companies Act, 2013 and rules made thereunder, the CSR Committee may meet at such intervals, in such manner and may carry out matters in such manner and function generally as it deems fit.

The terms of reference of the CSR committee shall be as per the applicable provisions of the Companies Act, 2013, as may be amended from time to time, including such functions as may be entrusted by the Board of Directors from time to time.
The CSR Committee of the Board shall be responsible for:
Review of CSR activities in the Company as stated under Schedule VII of the Act.
 

  • Formulation and Update Updating of CSR Policy.
  • Monitoring of implementation of CSR Policy from time to time.
  • Formulate CSR Policy and recommend the same to the Board of Directors of the Company for approval including Recommend to the Board, modifications to CSR Policy as and when required.
  • Recommend Appraise to the Board the amount of CSR expenditure done during the year.
  • Create transparent monitoring mechanism for implementation of CSR initiatives in India
  • Monitor CSR Policy from time to time