The main objective of the CSR Policy is to lay down guidelines for Glee Garments Marketing Private Limited (hereinafter referred to as ‘the Company’) to make CSR as one of the key focus areas to adhere to GGMPL strategy that focuses on making a positive contribution to society through high impact, sustainable programs.
This Policy covers current as well as proposed CSR activities to be
undertaken by the Company and through other organizations/
NGO’s (duly authorized by the Company to this purpose) and
examining their alignment with Schedule VII of the Act as amended from
time to time. It covers the CSR activities which are being carried out in
India only and includes strategy that defines plans for future CSR
CSR Corpus:The corpus of CSR activity will include 10% of the average net profits, any income arising there from and surplus arising out of CSR activities.