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Mohota family moved in textile business in 1898. This vast experience and expertise became the foundation of Pee Vee Textiles in 1990. The company came within own rights of Late Mr Gwaldas Mohota and Mr Arun Mohota in the year 1994. Mr Adarsh Mohota has joined business in 2008

- MD Pee Vee Textiles
Corporate Social Responsibility Policies

This Policy shall apply to Pee Vee Textiles Ltd, hereinafter referred to as (“Company”)

Background & Purpose
We are committed to making a positive and sustainable impact on the communities and societies where we live and work. CSR activities shall aim to provide resources for under privileged sections of society, encouraging actions towards cleaner environment and optimizing usage of natural resources to enhance quality of life of people around us.

Our vision is – "To actively contribute to the social and economic development of the communities in which we operate. In so doing, build a better, sustainable way of life for the weaker sections of society and raise the Country's human development index".

“CSR Policy” means the policy approved by the board as the Corporate Social Responsibility policy of the company as amended from time to time. This relates to the activities to be undertaken by the Company as specified in Schedule VII to the Indian Companies Act, 2013 (as appended herewith as “Annexure”) and the expenditure thereon, excluding activities undertaken in pursuance of normal course of business of a Company.

The purpose of this policy is to lay down the guidelines & framework within which we shall contribute to the social, economic and environmental development of the communities in which we operate. In so doing build a better, sustainable way of life for the weaker sections of society, which is brought by our objective of “Helping People Live Better”.

This Policy applies to all sector of the society for better education, better livelihood.

Key words & meanings –
o Act- means the Companies Act, 2013 as amended from time to time
o CSR- mean Corporate Social Responsibility
o CSR Policy – means the policy approved by the board as the Corporate Social Responsibility policy of the company as amended from time to time.
o CSR Rules or Rules – means Companies (Corporate Social Responsibility Policy ) Rules 2014

Policy Objectives

The objective of the CSR Policy (“Policy”) is to lay down the guiding principles in undertaking various programs and projects by or on behalf of the company relating to Corporate Social Responsibility (“CSR”) within the meaning of section 135 of the Companies Act, 2013 read with Schedule VII of the Act and the CSR Policy Rules 2014.(“Rules”)

Roles and Responsibilities-

Board of Directors:
• Approve the CSR Policy for the Company
• Ensure that the activities that are included in the CSR Policy are undertaken by the Company
• Give preference to the local area and areas around it where Company operates, for spending the amount earmarked for CSR activities
• Disclose CSR related matters in the Board Report.

CSR Committee:
o Formulate & recommend to the Board the CSR Policy that indicates the activities to be undertaken by the Company as specified in Schedule VII of the Act
o Recommend the amount of expenditure to be incurred on the activities referred to in the CSR Policy
o Participate in a meeting to oversee, review and decide upon the CSR activities in accordance with this Policy
o Monitor CSR activities from time to time

Composition of CSR Committee
o Minimum Three Board Members to be appointed by the Board of Directors through Board Meeting of the Company

o The following members of the Company shall be part of the CSR Committee
      1. Shri Arunkumar Mohota, Managing Director
      2. Smt Sarladevi Mohota, Director
      3. Shri K.B. Khullar, Independent Director

Policy Principles for Approving CSR Requests:-
o CSR Requests must only be approved in accordance with this Policy and for the purposes described herein.

Implementation process: Identification of projects
All projects shall be identified in a participatory manner, in consultation with the community, literally sitting with them and gauging their basic needs. Subsequently, based on a consensus, projects shall be prioritized. The Company shall select the projects or programs intended for CSR as specified in the Annexure

1. Each CSR Request shall be forwarded to the Compliance Team for submission to the CSR Committee in accordance with this Policy.
2. CSR Requests must be reviewed and approved by the CSR Committee.
3. Conflicts of interest should be avoided.
4. CSR Requests shall be approved only for legitimate, charitable purposes as defined in this Policy
5. CSR Requests shall be reasonable and appropriate, given in the spirit of good corporate citizenship and in accordance with Company values
6. CSR Request shall only be provided in relation to the focus areas in compliance with the Schedule VII of the Act.

Amendment of policy
The CSR policy of the company may be amended at any time by the board of the company on the recommendation of the CSR committee.

Projects or Programs covered under Schedule VII of the Act that could be considered as CSR Activities are as follows:
(i) Eradicating hunger, poverty and malnutrition; promoting preventive health care and sanitation and making available safe drinking water;
(ii) Promoting education, including special education and employment enhancing vocational skills especially among children, women, elderly, and the differently abled and livelihood enhancement projects;
(iii) Promoting gender equality and empowering women, setting up homes and hostels for women and orphans; setting up old age homes, day care centers and such other facilities for senior citizens and measures for reducing inequalities faced by socially and economically backward groups;
(iv) Ensuring environmental sustainability, ecological balance, protection of flora and fauna, animal welfare, agro forestry, conservation of natural resources and maintaining quality of soil, air and water;
(v) Protection of national heritage, art and culture including restoration of building and sites of historical importance and works of art; setting up public libraries; promotion and development of traditional arts and handicrafts;
(vi) Measures for the benefit of armed forces veterans, war widows and their dependents;
(vii) Training to promote rural sports, nationally recognized sports, Paralympic sports and Olympic sports;
(viii) 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;
(ix) Contributions or funds provided to technology incubators located within academic institutions which are approved by the Central Government;
(x) Rural development projects;
(xi) Slum Development Projects;
(xii) Contribution to Swacha Bharat Kosh and Clean Ganga