1. INTRODUCTION

Corporate Social Responsibility (CSR) is about how Companies directs the business processes to produce an overall positive impact on the society. It is the continuing commitment by a business to behave ethically and contribute to the economic development while improving the quality of life of people at large. We in Zetts Cosmetics believe in integrating the social, environmental and economic concerns of the society in the culture, values and corporate goals of the Company. In its endeavor to give the best to the society, Zetts Cosmetics seeks to carry out such activities that create long-term positive effects on the people and society at large. Corporate Social Responsibility is about capacity building for sustainable livelihoods. It is about how organization’s existence affects stakeholders beyond its own insular interests and recognizing the impact of its operations on the community. CSR determines how we can use this impact in a positive way, leading to sustainable growth and financial gains.

2. OBJECTIVES

The Company’s long-term Objective is to become a sustainable company. This means living within the limits of the planet, respecting the environment and contributing to the society where all can prosper. It is about meeting the Company’s needs without compromising the ability of future generations to meet their needs.

3. FOCUS AREAS

The CSR activities we will pursue be in line with our stated Objective, focused not just around our projects and offices, but also in other geographies based on the needs of the communities.

1. Eradication of hunger, poverty and malnutrition
   Provision of food, nutritional supplements, clothes etc for the poor and other deprived sections of the society.
2. Promoting sanitation, making available safe drinking water and development of other Rural Development Projects.
3. Promoting Health care including Preventive Health care through awareness program, health check-ups, provision of medicine & treatment facilities, prevention of Pour Femme /Women feticide through awareness creation, program for preventing diseases and building immunity.
4. Ensuring environmental sustainability and ecological balance through:
   Plantation drives in schools, villages, our project sites /business premises and other areas in general;Reviving endangered plants, promoting agro-forestry;Protection of flora & fauna;Conservation of natural resourcesPromoting biodiversity.
5. Training to promote rural sports, nationally recognized sports, Paralympic sports or Olympic Sports.
6. Also to undertake any other activities as may be specified in Schedule VII of Companies Act, 2013.

4. UNDERTAKING CSR ACTIVITIES

The company may undertake one or more projects or programs or activities provided in the policy either as its own or through any implementation agency. It shall be the endeavor of the company to build up necessary capabilities to implement the CSR projects on its own in the long run. It can also acquire the services of experts in respective fields by appointing them as consultants in a particular program or project. While engaging a third party agency for implementing a project or program covered in the CSR policy, the CSR committee shall ensure that they have credible standing and experience in the respective fields for at least three preceding financial years.

5. LOCATION OF CSR EFFORTS

The CSR Committee will decide on the location of the CSR activities.However the Company will give preference to the local area(s) in and around our offices in India.

6. GOVERNANCE STRUCTURE

We have constituted a robust and transparent governance structure to oversee the implementation of our CSR Policy, in compliance with the requirements of Section 135 of the Companies Act, 2013. Our CSR governance structure will be headed by the CSR committee that will ultimately be responsible for the CSR projects undertaken. The committee will report to our Board of Directors

7. QUANTUM OF AMOUNT TO BE SPENT ON CSR ACTIVITIES

The Company shall strive to spend in every financial yearin which the provision of Section 135 of Companies Act , 2013 are applicable, at least 2% (two percent) of the average net profits of the Company made during the three immediately preceding financial years.

If the Company is unable to spend the minimum amount required, on its CSR activities, the reasons for not doing shall be specified in the Board Report. Any surplus arising and/or additional revenue generated out of CSR Activities undertaken by the Company shall not form the part of business profit of the Company and same shall be spent for undertaking any CSR Activities only.

The Company shall strive to spend in every financial yearin which the provision of Section 135 of Companies Act , 2013 are applicable, at least 2% (two percent) of the average net profits of the Company made during the three immediately preceding financial years. If the Company is unable to spend the minimum amount required, on its CSR activities, the reasons for not doing shall be specified in the Board Report. Any surplus arising and/or additional revenue generated out of CSR Activities undertaken by the Company shall not form the part of business profit of the Company and same shall be spent for undertaking any CSR Activities only.

8. CSR REPORTING AND DISPLAY

On approval of the CSR policy or any amendments thereof, the contents of the policy shall be included in the Boards’ report & put up on it's website.

CSR PROJECTS APPROVED BY THE BOARD FOR THE FINANCIAL YEAR 2020-21

CSR Committee

Our CSR governance structure will be headed by the CSR committee that will ultimately be responsible for the CSR projects undertaken. The committee will report to our Board of Directors.

The Members of the present CSR Committee are:
Mr. Arun Bhargav Desai - Chairman
Mr. Sudhir Sunderlal Kapadia - Member
For queries related to the CSR Policy, you can contact us at:
Email ID: jignesh@zetts.info
Telephone No.:+91 22 66941200