The Company has been directly and also indirectly, carrying out various socially beneficial activities aiming to be a part of the process of progress and development of Society as a whole. In compliance of the provisions of the Companies Act 2013, the Company has formulated this Policy on Corporate Social Responsibility..

To actively help/ assist the weaker sections of the Society, mainly in and around the geographical areas where Company’s offices and factories are located. The Company plans to work together with other organisations including Charitable Trusts, NGOs, and bodies working in Research and Educational fields, Government Agencies etc. as partners in this activity for achieving a better, sustainable way of life for the weaker sections of society.

1. Reiterate the commitment to common good – reflecting the importance that the Company has been giving in discharging its social obligations.
2. To generate, community goodwill and help reinforce the image of the Company as a socially responsible corporate citizen.
3.  To create a sense of empathy and social awareness amongst employees by actively involving them in CSR activities and thus giving them an opportunity to participate in the process of serving the society at large.

This CSR policy has been formulated in consonance to the provisions of Section 135 of the Companies Act 2013 (“the Act “) read with Schedule VII of that Act and in accordance with the Companies (Corporate Social Responsibility Policy Rules, 2014) notified by the Ministry of Corporate Affairs, Government of India in 2014.

In accordance with provisions of the above mentioned Act, and Rules, the Board of Directors of the Company has formed a Committee of Board of Directors named as Corporate Social Responsibility Committee (CSR Committee).

The Members of the Committee are as follows:

1. Dr. Gangadhar M. Warke
2. Mr. Vishnu M. Warke
3. Mrs. Saroj G. Warke
4. Dr. Vishal G. Warke
5. Dr. Rajas V. Warke

The Company will undertake all such CSR activities, as may be decided/approved by the Board of Directors which falls within the purview of the Act, Rules, and amendments thereto from time to time. The major focus areas of CSR activities would be as under:

•  Promoting Education/Skill Development.
•  Promoting research and development in Agriculture, Horticulture/aquaculture etc.
•  Promoting health care, medical help/assistance to the needy.
•  Eradicating extreme hunger and poverty.
•  Promoting gender equality and empowering women.
•  Setting up homes and hostels for women and orphans.
•  Ensuring environmental sustainability.
•  Rural / Agricultural extension /development projects.

Besides undertaking direct CSR activities, the Company may make contributions to Prime Minister’s National Relief Fund and any other Government approved Funds/Schemes or Organizations /Universities/Research Institutes etc. as permitted/allowed under the Act.

To ensure effective implementation of the CSR programmes / activities, a monitoring mechanism will be put in place depending upon type of CSR activity/project Programme monitoring mechanism will ensure that CSR spends achieve the objectives and are, within the budget sanctioned.CSR spends will be audited in an accountable and transparent manner.

Besides obtaining feedback from the beneficiaries, the CSR Committee may, if required, conduct impact studies on a periodic basis, by independent parties, depending upon type of CSR activity /project. This may also be done through field visits, comprehensive documentation, and regular interaction with beneficiaries.

• The progress of CSR programmes / activities under implementation will be reported to CSR Committee on a periodical basis.
•  Appropriate documentation of the CSR activities undertaken and expenditure incurred will be done on a regular basis.
•  Quarterly reporting on CSR activities and review by the CSR committee and six monthly reviews by the Board will be done.

• In case of any doubt with regard to any provision of the policy and also in respect of matters not covered herein, a reference will be made to the Board of Directors by CSR Committee. In all such matters, the interpretation & decision of the Board of Directors shall be final.
•  Any or all provisions of the CSR Policy would be subject to revision / amendment in accordance with the guidelines on the subject as may be issued from Government, from time to time.
• The Company reserves the right to modify, cancel, add, or amend any of the provisions of CSR Policies.