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Mayur Uniquoters Ltd.

BSE: 522249 Sector: Industrials
NSE: MAYURUNIQ ISIN Code: INE040D01038
BSE 00:00 | 16 Oct 377.20 4.70
(1.26%)
OPEN

380.25

HIGH

380.25

LOW

368.15

NSE 00:00 | 16 Oct 378.75 7.20
(1.94%)
OPEN

375.50

HIGH

379.00

LOW

370.15

OPEN 380.25
PREVIOUS CLOSE 372.50
VOLUME 683
52-Week high 568.15
52-Week low 350.00
P/E 18.19
Mkt Cap.(Rs cr) 1,709
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 380.25
CLOSE 372.50
VOLUME 683
52-Week high 568.15
52-Week low 350.00
P/E 18.19
Mkt Cap.(Rs cr) 1,709
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Mayur Uniquoters Ltd. (MAYURUNIQ) - Chairman Speech

Company chairman speech

(CSR) ACTIVITIES 2017-18

[Pursuant to Section 134(3)(o) of the Companies Act 2013 and Rule 8 of the Companies(Corporate Social Responsibility) Rules 2014]

1. A brief outline of the Company’s CSR Policy including overview ofprojects or programs proposed to be undertaken and a reference to the web-link to the CSRPolicy and projects or programs:

The Company has a long and cherished tradition of commendable initiativesinstitutionalized programmes and practices of Corporate Social Responsibility which haveplayed a laudable role in the development of several underdeveloped people. Our CSRactivities are essentially guided by project based approach in line with the guidelinesissued by the Ministry of Corporate Affairs of the Government of India.

CSR Policy is available on the website of the Company i.e.http://www.mayuruniquoters.com/pdf/csr-policy.pdf

2. The composition of the CSR Committee:

Sr. No. Name of the Director Category Position
1 Mrs. Tanuja Agarwal Non Executive Independent Director Chairperson
2 Mr. Ratan Kumar Roongta Non Executive Independent Director Member
3 Mr. Shyam Agrawal Non Executive Independent Director Member
4 Mr. Suresh Kumar Poddar Chairman & Managing Director Member

3. Average net profit of the Company for last three financial years: Rs.11200.40Lakhs

4. Prescribed CSR Expenditure (two per cent of the amount as in item 3 above): Rs.224.01Lakhs

5. Details of CSR spent during the financial year:

(a) Total amount to be spent for the financial year: Rs. 224.01 Lakhs

(b) Amount unspent: Rs. 50.59 Lakhs

(c) Manner in which the amount spent during the financial year is detailed below:

(Rs. in Lakhs)

1 2 3 4 5 6 7 8
S. No CSR project or activity identified Sector in which the project is covered Projects or programs (1) Local area or other (2) Specify the State and district where projects or programs was undertaken Amount outlay (budget) project or programs wise Amount spent on the projects or programs Sub – heads: (1) Direct expenditure on projects or programs (2) Overheads Cumulative expenditure upto to the reporting period Amount spent : Direct or through implementing agency
1 2 3 4 5 6 7 8
1 Providing Logistic support to immunization program of Phagi Block in "Saghan Tikakaran Abhiyan". Support Primary Health Care Centres. Provide Motivation to Sterilization users through Happy Family Scheme Promoting Health Care Phagi (Jaipur) Govindgarh (Jaipur) Rajasthan 43.61 16.25 42.38 Direct
2 Construction & renovation of Class rooms of Government Schools in Remote Rural Backward areas near the Project sites under "Project Happy School" to ensure that poor / underprivileged background children are not deprived of regular primary education Education Jaipur & Sawai Madhopur (Rajasthan) Pune Kolkata 116.40 96.91 219.83 Direct and Rotary International India
3 Support Prime Minister Kaushal Vikas Yojana through women skill training Skill Development Jaipur 4.00 4.00 5.38 Direct
4 Nandghar Yojana for Anganwadi Children Eradicating Malnutrition Dhodsar & Chomu (Jaipur) 4.00 3.14 3.14 Direct
5 Providing support education to Ekal Vidyalaya for Schedule Tribes of Backward areas Welfare of Scheduled Tribes Tribal villages of Rajasthan 20.00 20.00 20.00 Friends of Tribal Society
6 Promotion of Girl Boxing Player through Khelo India Project Rural Sports Ghinoi ( Jaipur) 1.00 0.88 3.66 Direct
7 Providing support to 100 schools for Wash in Schools (WINS) project of rural Jaipur Sanitation Phagi & Govindgarh (Jaipur) Rajasthan 35.00 32.24 33.29 Rotary International India
8 Ensuring Development environmental sustainability & Rural Environment Dhodsar (Jaipur) - - 8.38 Direct
9 Rural Development Rural Projects Dhodsar (Jaipur) - - 3.03 Direct
10 Self Defence Training Women Empowerment Dhodsar (Jaipur) - - 0.33 Direct
Total 224.01 173.42 339.42

6. Justification for Shortfall:

In terms of CSR Policy of the Company during the financial year 2017-18 the Companyhas spent 77.42% of the available funds for CSR Activities utilized for long termmultiyear projects or programmes and balance amount should be spent on the projects orprogrammes with short term objectives. In addition to existing multi-year projects theCompany has identified long term project of construction of Schools in remote ruralbackward areas of Jaipur. Skill Development of rural youth Education is believed to bethe stepping stone to improve the quality of life especially for the poor and the mostvulnerable. The ideology behind the "Project Mayur-education" lies in the veryessence of transforming lives through continuous generation of knowledge and empowerment.Therefore Company has earmarked funds in line with its Policy as well as prescribed CSRExpenditure. However the implementation of such project will commence in FY 2018-19 asthe Company is under process of formulating implementation plan and taking variousapprovals required in this regards. The Company has incurred CSR Expenditure during theyear under review in line with CSR Policy of the Company. The Company has changed lives ofmany people across the district with its various social initiatives since many years. Itis the Company’s continuous endeavour to increase its CSR impact and spend over thecoming years supplemented by its continued focus towards sustainable development andresponsible infrastructure.

7. It is hereby confirmed that the implementation and monitoring of the CSR Policyis in compliance with CSR objectives and policy of the Company.

(Suresh Kumar Poddar) (Tanuja Agarwal)
Chairman & Managing Director & CEO Chairperson of CSR Committee
(DIN-00022395) (DIN-00269942)
Place: Jaitpura (Jaipur)
Date : May 30 2018