Compliance with this policy will be continuously monitored by the CSR Committee at its meeting(s), subject to annual review by the Board of Directors.
The content of this policy shall be disclosed in the Board Report and placed on the Company’s website i.e. www.rimjhimispat.com. Compliance will be reported to stakeholder through Director Report.
The Board shall ensure spending of allocated amount on CSR activities and report the status in its annual report, also specify the reasons of non spending of the allocated amount, if any.
The members of the CSR committee shall be appointed or removed by the Board of Directors by way of Resolution. The Managing Director of the Company shall be the Chairman of the Committee and in his absence any other member of the CSR Committee shall preside over the meeting(s) of the CSR Committee. Company Secretary shall be the Secretary of the CSR Committee. The minutes of CSR committee meetings shall be placed before the Board meeting.