Creamy foods

Team

SMC Group will have board level committee for CSR which will comprise of 3 persons,

CMD, Independent Director. This committee shall

Provide overall guidance on strategy & implementation
Approve & Recommend CSR projects for funding and implementation
Monitoring & /Reviewing

A Sub‐Committee comprising of various unit heads and General Manager (Corporate Finance) shall ensure implementation of the proposals in line with this Policy.

Further, in order to make CSR a broader engagement theme within the company and to ensure Smooth decision making on implementation issues, the company will constitute a CSR Review Panel comprising of select business unit and departmental heads. The Panel shall overlook the on ground monitoring & reviewing of projects implemented.

Monitoring and evaluation

Monitoring and evaluation is an integral part of community related projects, particularly outcome assessment and financial monitoring. Our company will ensure this through

CSR committee to review strategy, focus areas, as and when required
CSR Review Panel to ensure adherence to finalized project plan in execution of CSR projects.
CSR Review Panel to quarterly review & report project progress to the committee, SIT to submit actual project implementation details as per format prescribed in Section 135 of Companies Act 2013.
SIT to liaise with local communities at least quarterly ‐ to understand usage, uptake and challenges in execution of identified CSR projects.

Reporting

SMC Group believes that CSR is an important tool to engage with communities and consumers alike and thus, we shall include a report on CSR activities in the annual board report of the company. This report shall provide an overview of the CSR projects undertaken, outcomes achieved, composition of CSR committee, budget projected, actual expenditures, reasons for under utilization of CSR funds, if at all etc. In addition, this report shall also be made available online through our website.