Corporate Social Responsibility

 

Corporate Social Responsibility (CSR) Policy

(Pursuant to Section 135 of the Companies Act, 2013)

1. Introduction

Genius Filters and Systems Private Limited (“the Company”) is committed to conducting its business in a socially responsible and sustainable manner. In line with the provisions of Section 135 of the Companies Act, 2013 and the Companies (Corporate Social Responsibility Policy) Rules, 2014, the Company has formulated this Corporate Social Responsibility (CSR) Policy to outline its philosophy, governance framework, focus areas, and implementation approach.

This Policy reflects the Company’s commitment to contribute meaningfully to social development, environmental sustainability, and inclusive growth, while creating long-term value for society.

2. CSR Vision & Philosophy

The Company’s CSR philosophy is based on the principle of creating shared value, where industrial growth goes hand in hand with social and environmental responsibility.

Our CSR Vision:
To contribute responsibly to society by supporting sustainable development, empowering communities, protecting the environment, and conducting business with integrity and purpose.

 

3. Applicability

This CSR Policy shall apply to Genius Filters and Systems Private Limited in accordance with the thresholds specified under Section 135(1) of the Companies Act, 2013 and shall be reviewed periodically to ensure continued compliance.

4. CSR Governance Structure

CSR Committee

The CSR activities of the Company shall be governed by the CSR Committee of the Board, constituted in accordance with the Companies Act, 2013.

The CSR Committee shall be responsible for:

  • Formulating and recommending the CSR Policy

  • Recommending the amount of CSR expenditure

  • Identifying and approving CSR projects and programs

  • Monitoring implementation and impact assessment

  • Ensuring statutory compliance and disclosures

5. CSR Focus Areas

(Aligned with Schedule VII of the Companies Act, 2013)

The Company shall undertake CSR activities primarily within the scope of Schedule VII, including but not limited to:

a) Environmental Sustainability

  • Promotion of clean air, pollution control and environmental protection

  • Conservation of natural resources

  • Sustainable manufacturing and waste reduction initiatives

b) Education, Skill Development & Livelihood Enhancement

  • Skill development and vocational training programs

  • Promotion of technical education and employability

  • Capacity building aligned with MSME and industrial development

c) Health, Safety & Sanitation

  • Initiatives supporting public health and occupational safety

  • Clean air and environmental health improvement

  • Workplace safety and well-being programs

d) Community Development & Social Welfare

  • Community infrastructure and welfare initiatives

  • Social inclusion and support for underprivileged sections

  • Rural and regional development initiatives

6. CSR Implementation & Execution

CSR projects and programs may be implemented:

  • Directly by the Company

  • Through eligible implementing agencies as permitted under the CSR Rules

All projects shall be:

  • Approved by the CSR Committee

  • Executed in a transparent and accountable manner

  • Monitored periodically for progress and outcomes

7. CSR Expenditure

The Company shall ensure that:

  • CSR expenditure is in compliance with Section 135(5) of the Companies Act, 2013

  • Administrative overheads shall not exceed limits prescribed under CSR Rules

  • Any unspent CSR amount shall be treated as per statutory requirements

8. Monitoring, Reporting & Disclosure

  • CSR projects shall be monitored by the CSR Committee

  • Impact assessment shall be undertaken where applicable

  • Details of CSR activities and expenditure shall be disclosed in the Board’s Report and on the Company’s website, as required under law

9. Amendment & Review

This CSR Policy shall be reviewed periodically and may be amended by the Board of Directors based on:

  • Changes in statutory provisions

  • Business priorities

  • National development goals

10. Commitment Statement

Genius Filters and Systems Private Limited remains committed to upholding the principles of ethical governance, social responsibility and sustainable development, ensuring that its CSR initiatives contribute positively to society and the environment.

This CSR Policy is formulated in accordance with Section 135 of the Companies Act, 2013 and the Companies (CSR Policy) Rules, 2014, as amended from time to time.