Functions of CSR Committee

1. To formulate and recommend the Board, a CSR policy which would indicate the activities to be undertaken in areas or subjects specified in schedule VII of the Act.
2. To recommend the amount of the expenditure to be incurred on the activities undertaken in pursuance of the CSR policy.
3. To institute a transparent monitoring mechanism for implementation of the CSR projects or programs or activities undertaken by the company.
4. To monitor the CSR policy of the company time to time.