CSR Policy
1 . INTRODUCTION AND BACKGROUND
Section 135 of the Companies Act , 2013 impose statutory responsibility on Companies with an annual turnover of 1,000 crore INR and more , or a net worth of 500 crore INR and more , or a net profit of five crore INR and more to undertake Corporate Social Responsibility activities as enumerated under Schedule VII of Companies Act , 2013 which is otherwise popularly known as CSR activities .
By the promulgation of Section 135 , every Company which qualifies with any of the above-mentioned criteria in any of the financial years must constitute a separate committee known as the CSR Committee consisting of their board members , including at least one independent director to implement and monitor the CSR activities of the Company .
Expo Freight Private Limited ( EFL ) recognizes that its business activities have a wide impact on the societies in which it operates , and therefore an effective practice is required giving due consideration to the interests of its stakeholders including shareholders , customers , employees , suppliers , business partners , local communities , and other organizations .
EFL ’ s commitment towards Corporate Social Responsibility includes but not limited to , the promotion of education and healthcare , energy and climate change , the betterment of the society through respect for universal human rights and the environment , acting with integrity and accountability , and operating responsibly and sustainably .
EFL being a Company satisfying the threshold as stipulated under Section 135 of the Companies Act , 2013 is committed to establish the CSR Committee and formulate a CSR Policy for the Company .
Corporate Office : Expo Freight Private Limited , No . 16 , Haddows Road 1st Street , Nungambakkam , Chennai 600 006 , India
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