Oct. 26, 2017
Corporate Social Responsibility (CSR)
Adrenalin is aware of the notification under section 135 of the Companies Act, 2013. Adrenalin shall seek to impact the lives of the underprivileged by supporting and engaging in activities that aim to improve their well being. Adrenalin has formed a CSR Committee and Adrenalin’s CSR policy will apply to all projects/programmes undertaken as part the Company’s Corporate Social Responsibility and will be developed, reviewed and updated periodically with reference to relevant changes in corporate governance, international standards and sustainable and innovative practices. The policy will maintain compliance and alignment with the activities listed in Schedule VII and Section 135 of the Companies Act 2013 and the Rules framed there under.
Adrenalin is committed to identify & support programmes of:
• Empowerment of the underprivileged sections of the society through education, access to and
awareness about financial services and the like;
• Provision of access to basic necessities like healthcare, drinking water & sanitation and the like;
• Work towards eradicating hunger and poverty, through livelihood generation and skill
• Supporting environmental and ecological balance through afforestation, soil conservation, rain
water harvesting, conservation of flora & fauna, and similar programmes;
• Promotion of sports through training of sportspersons;
• Undertake rural development projects;
• Any other programme that falls under our CSR Policy and is aimed at the empowerment of
underprivileged sections of the society.
Accordingly, the programme areas may include the following:
1. Providing basic health care facilities to economically backward societies across geographical
2. Improving access to education,
3. Provision of Skill Development/Vocational Training,
4. Rural Development,
5. Environmental sustainability,
6. Promoting Sports, arts & culture,
7. Sustainable livelihood
A. The CSR Committee shall recommend the amount of expenditure to be incurred on the CSR
activities to be undertaken by the Company as specified in Schedule VII of the Companies Act
2013, as amended from time to time.
B. In case of any surplus arising out of CSR projects, the same shall not form part of business
profits of the Company.
C. The total expenditure incurred towards administrative activities including salary paid to the
employees engaged in CSR activities should not exceed 5% of the total CSR expenditure
attributable for the relevant financial year.