Corporate Social Responsibity (CSR) Policy


Social and environmental responsibility has always been at the forefront of TWE OBT’s operating philosophy and as a result the Company consistently contributes to socially responsible activities. As a responsible corporate citizen, we try to contribute for social and environmental causes on regular basis. We believe that to succeed, an organization must maintain highest standards of corporate behaviour towards employees, consumers and societies in which it operates. The Company continues to support several community welfare and educational activities by providing education to under privileged children, rural development, etc.

Presently, Obeetee Foundation is registered public trust established by Obeetee Group to carry out the CSR Activities of the Group. The Company has been contributing the fund to Obeetee Foundation from time to time.


Improve quality of life for all our communities through integrated and sustainable development in every possible way.


The Policy shall apply to all CSR projects / programmes / activities undertaken by the Company in accordance with Section 135 of the Companies Act, 2013 and rules made thereunder read with Schedule VII (including any statutory modification(s) or re-enactments thereof, for the time being in force) and notifications issued by Ministry of Corporate Affairs (MCA) from time to time.


The objective of framing this CSR Policy is to ensure that the Company operate its business in an economically, socially & environmentally sustainable manner by enhancing the quality of life & economic wellbeing of the society in fulfilment of its role as a Socially Responsible Corporate.


In accordance with the requirements under Companies Act, 2013 and Rules made thereunder and Schedule VII of the Companies Act, 2013 (including any statutory modifications or re-enactments for the time being in force), Obeetee CSR activities, amongst others, will focus on

  •   Hunger, Poverty, Malnutrition and Health: Eradicating hunger, poverty and malnutrition, promoting health care including preventive health care and sanitation including contribution to the Swachh Bharat Kosh set-up by the Central Government for the promotion of sanitation] and making available safe drinking water.
  •   Education: Promoting education, including special education and employment enhancing vocation skills especially among children, women, elderly and the differently abled and livelihood enhancement projects; monetary contributions to academic institutions for establishing endowment funds, chairs, laboratories etc., with the objective of assisting students in their studies.
  •   Rural Development Projects: Strengthening rural areas by improving accessibility, housing, drinking water, sanitation, power and livelihoods, thereby creating sustainable village
  •   Gender equality and empowerment of Women: Empowering women by providing women training for weaving Handknotted carpets and such other facilities for senior citizens and measures for reducing inequalities faced by socially and economically backward groups.
  •   Environmental Sustainability: Conservation of natural resources by installing solar lights, Construction of ponds for water conservation and recharge of rain water, construction of drainage to improve physical property of the soil, maintain proper soil temperature, etc. and such other measures to be taken by the Company to maintain the quality of soil, air and water.

Provided that, the following activities shall not be considered as CSR activities

  • Activities undertaken in pursuance of normal course of business of the Company;
  • Any activity undertaken by the Company outside India except for training of Indian sports personnel representing any State or Union territory at national level or India at international level;
  • Contribution of any amount directly or indirectly to any political party under section 182 of the Act;
  • Activities benefitting employees of the Company as defined in Clause (k) of Section 2 of the Code of wages, 2019;
  • Activities supported by the Companies on sponsorship basis for deriving marketing benefits for its products or services;
  • Activities carried out for fulfilment of any other statutory obligations under any law in force in India.


TWE OBT will undertake its CSR activities, approved by the CSR Committee either on its own or by Obeetee Foundation or such other entity/organisation as approved by the CSR Committee in accordance with the Section 135 of the Companies Act, 2013 read with Companies (Corporate Social Responsibility Policy) Rules, 2014 (including any statutory modifications or re-enactments for the time being in force).


The CSR Committee shall be comprised in accordance with the requirements of the Section 135 of the Companies Act, 2013 and the Rules made thereunder. The detail of the Composition of CSR Committee is as under:

S.No. Name Status Designation


  1. To formulate and recommend to the Board, a Corporate Social Responsibility Policy which shall indicate the activities to be undertaken by the Company in areas or subjects specified in Schedule VII of the Companies Act, 2013.
  2. To recommend the amount of expenditure to be incurred on the activities referred to in clause (a);
  3. Monitor the Corporate Social Responsibility Policy of the Company from time to time
  4. To formulate and recommend to the Board an Annual Action Plan which shall include the following namely:
    • The list of CSR projects or programmes that are approved to be undertaken in areas or subjects specified in Schedule VII (including any modifications or re-enactments thereof from time to time) of the Companies Act, 2013;
    • The manner of execution of such projects or programmes as specified in sub-rule (1) of rule 4 of Companies (Corporate Social Responsibility Policy) Rules, 2014;
    • The modalities of utilisation of funds and implementation schedules for the projects or programmes;
    • Monitoring and reporting mechanism for the projects or programmes; and
    • Details of need and impact assessment, if any, for the projects undertaken by the Company.

    Provided that Board may alter such plan at any time during the financial year, as per the recommendation of CSR Committee, based on the reasonable justification to that effect.
  5. To monitor the implementation of framework of CSR Policy.
  6. To carry out any other function as mandated by the Board from time to time and / or enforced by any statutory notification, amendment or modification, as may be applicable, necessary or appropriate for performance of its duties.


CSR expenditure shall include all expenditure including contribution to corpus of implementing agency, for projects or programmes relating to CSR activities approved by the Board on the recommendation of the CSR Committee, but does not include any expenditure on an item not in conformity or not in line with activities which fall within the purview of the Schedule VII of the Act.

The amount to be spent on CSR activities shall be calculated in accordance with the provisions of 135 the Companies Act 2013 and Rules made thereunder (including any statutory modification or re-enactment thereto for the time being in force).


This policy is effective from 1st April, 2021


CSR Policy is subject to revision/amendment in accordance with the notifications/circulars as may be issued by Ministry of Corporate Affairs (MCA) from time to time.

The Board may review the policy from time to time based on changing needs and aspiration of the target beneficiaries and make suitable modifications, as may be necessary.

 Copyright TWE OBT Private Limited 2024. All rights Reserved.