SFS Homes has been driven by the mission of offering its customers well designed quality homes of exceptional value. The Company believes in conducting its business ethically and with the highest degree of integrity. The Company strives for the sustainable development of all the stakeholders including employees, contractors, suppliers and the society at large.
In accordance with Section 135 of the Companies Act, 2013 and the rules made there under, the Corporate Social Responsibility Committee constituted by the Board of directors of the Company has adopted the Corporate Social Responsibility policy of the Company. The Company shall undertake specific programmes and projects as approved by the CSR committee from time to time, in the any of the following categories:
The Board of Directors has constituted the CSR committee which shall be responsible for framing of CSR Policy and its implementation and monitoring from time to time. The roles & responsibilities of CSR Committee include:
The Company may at any financial year spend at least 2 % of average net profits made during the three immediately preceding financial years, in pursuance of its CSR policy or such other amount as may be decided by the CSR committee form time to time. The CSR expenditure incurred by the Company shall not form part of business expenditure.
The Company shall undertake the CSR policy in accordance with Section 135 of the Companies Act, 2013 read with Schedule VII and Companies (Corporate Social Responsibility) Rules 2015. All the disclosures and reporting requirements related to CSR shall be made in accordance with the provisions of the Act and Rules made thereunder.