CSKCL CSR Policy
    CHENNAI SUPER KINGS CRICKET LIMITED
    CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY
1. PURPOSE OF CSR

Respond to the Social & Environmental expectations of the society and attaining the objectives of sustainable development of present and future generations in socio and economic front.

2.CSR OBJECTIVES

Understanding, Supporting and Developing the Communities and the Cultures within which we work. Nurturing the Environment and the Surroundings for the benefit of the public over a sustained period of time and thereby enhancing the Value of the Company and all its stakeholders.

3.CSR APPROACH

An initiative to “Create New Value” to Economic, Environmental and Social issues and is intended to identify our Company with the Society.

4.PARTNERS FOR CSR

Partnership with various Government Agencies, Corporate Agencies, NGO’s, Professional Institutions, Local Communities and Employees.

5. AREAS OF INTEREST

The company will follow the areas of Interest as indicated in the Schedule VII of the Companies Act, 2013. The Areas and a list of indicative activities are listed below.

Schedule VII of the Companies Act, 2013
  1. Eradicating hunger, poverty and malnutrition, promoting health care including preventive health care and sanitation [including contribution to the Swach Bharat Kosh set-up by the Central Government for the promotion of sanitation] and making available safe drinking water.
  2. Promoting education; including special education and employment enhancing vocation skills especially among children woman, elderly and the differently abled and livelihood enhancement projects.
  3. Promoting gender equality and empowering women; setting up homes and hostels for women and orphans, setting up old age homes, day care centres, and such other facilities for senior citizens and measures for reducing inequalities faced by socially and economically backward groups.
  4. Ensuring environmental sustainability, ecological balance, protection of flora and fauna, animal welfare, agroforestry, conservation of natural resources and maintaining quality of soil, air and water including contribution to the Clean Ganga Fund set-up by the Central Government for rejuvenation of river Ganga.
  5. Protection of national heritage, art and culture including restoration of buildings and sites of historical importance and works of art; setting up of public libraries; promotion and development of traditional arts and handicrafts.
  6. Measures for the benefit of armed forces veterans, war widows and their dependents
  7. Training to promote rural sports, nationally recognized sports, and para-olympic sports and Olympic sports.
  8. Contribution to the Prime Minister's National Relief Fund or any other fund set up by the Central Government for socio-economic development and relief and welfare of the Scheduled Castes, the Scheduled Tribes, other backward classes, minorities and women.
  9. Contribution or funds provided to technology incubators located within academic institutions which are approved by the Central Government.
  10. Rural development projects
  11. Slum area development declared as such by the Central Government or any State Government or any other competent authority under any law for the time being in force.
6. CSR COMMITTEE

In terms of Section 135 of the Companies Act, 2013 read with Schedule VII a CSR Committee has been constituted and presently the committee consist of the following directors as its members:

  1. Mr.K.S.Viswanathan
  2. Mr.R.Srinivasan
  3. Mr.Rakesh Singh
  4. Mr.B.Kalyanasundaram
The role of the CSR Committee are:
  1. To formulate and recommend to the Board, a Corporate Social Responsibility Policy which shall indicate the activities to be undertaken by the company;
  2. To recommend the amount of expenditure to be incurred on the activities referred to in clause (a); and
  3. To monitor the Corporate Social Responsibility Policy of the company from time to time.
7. CSR BUDGET
The Committee will formulate a CSR budget for every financial year and the same will be put up to the Board along with its recommendations for approval.
8. CSR REVIEW
The Committee will review the CSR activities undertaken / to be undertaken and the amount spent / to be spent on such activities periodically and report the same to the Board.