Gandhi Special Tubes Ltd.
Quality System as per ISO/TS 16949 : 2009 * ISO 9001:2008
Corporate Social Responsibility (CSR) Policy
Philosophy

Gandhi Special Tubes Ltd. strongly believes that Society is one of the stakeholders and has been discharging its Corporate Social Responsibility.

CSR Committee

CSR Committee was constituted with Members mentioned below and as per the applicable laws and the committee shall be responsible for the implementation/monitoring and review of this policy and various projects/activities undertaken under the policy. The CSR Committee shall submit periodical reports to the Board of Directors.
Mr. Manhar Gandhi Chairman
Mr. Jayesh Gandhi Member
Mr. Dhirajlal Shah Member
CSR Budget

The total budget for the CSR projects will be decided by the CSR Committee and approved by the Board. 

CSR Activities

The scope of the CSR activities of the Company will cover the following areas but not limited to the same and may extend to other specific projects/ programs as permitted under the law from time to time and as may be decided by the Committee with the approval of the Board of Directors. The Company may carry out following activites either its own or through recognized and eligible trusts and social and welfare institutions:-
No. Area Activities/Initiatives/Programmes
1. Promoting Education Providing financial assistance and scholarships for higher education to underprivileged children who are unable to pursue further studies. Ensure proper education to children.
2. Contribution/Financial Assistance in areas affected with natural calamities Company aims at providing financial assistance to the regions affected with natural calamities like floods, draughts, epidemic etc.
3. Financial and Medical assistance Company aims to provide proper and standard health care assistance and financial assistance to underprivileged section of society who are unable to afford proper and standard health care services.
CSR Committee's Responsibility

•   Formulate and update our CSR Policy, which will be approved by the Board of Gandhi Special Tubes Ltd.

•   Suggest areas of intervention to the Board of Gandhi Special Tubes Ltd.

•   Approve activities that are in line with the CSR policy

•   Put monitoring mechanisms in place to track the progress of each project

•   Recommend the CSR expenditure to the Board who will approve it

•   Meet atleast twice a year to review the progress made
Treatment of Surpluses

Any surplus generated from CSR projects undertaken by us will be tracked and channelized into our CSR corpus. These funds will be further used in development of the CSR projects and will not be added to the normal business profits.
Disclosures

The Annual Report of the Company include a section on CSR outlining the CSR Policy, CSR committee, CSR initiatives undertaken by Company, the CSR spend during the financial year and other information as required by the prevailing law.

General

1. This Policy documents has been approved by the Board of Directors at their meeting held on 30th October, 2014 consequent upon recommendation of the CSR Committee.
2. The policy may be amended from time to time as may be required either under the Companies Act, 2013 or Rules for the Corporate Social Responsibility.
3. Words and expressions used and not defined in this Policy shall have the same meanings respectively assigned to them in the Act and the Rules.
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