Corporate Social Responsibility

This Corporate Social Responsibility Policy (“Policy”) is framed by the CSR Committee (as defined below) constituted by the Board of Directors of Trinity Mobility Private Limited (“Company” or “Trinity”) in terms of the Companies Act, 2013 (“Act”) read with the Companies (Corporate Social Responsibility Policy) Rules, 2014 (“CSR Rules”), as amended from time to time, and approved by the Board of Directors of the Company on 01.06.2018.


The CSR Committee of the Board had revised the CSR Policy, which was approved by the Board at its meeting held on 16.07.2021. The amended is effective from 16.07.2021.

About Trinity and Its Corporate Social Responsibility Initiatives

Trinity is committed to improving the world we live in by creating, supporting, and nurturing programs and initiatives that serve local communities. Together with leading public and non-profit institutions, Trinity has developed powerful programs to address needs in the communities it serves. The cities, towns and villages where Trinity has operations and where our employees live and raise their families are not just addresses to us – they’re our hometowns. By applying the same rigor and business tools we use in the workplace, Trinity builds programs that deliver results we can quantify: one community, one home, one teacher, and one student at a time. The Policy, as a part of the Company’s corporate citizenship initiative, provides the Company a deep and wide experience and understanding of corporate social responsibility work that has real, measurable, and sustainable positive impact on the communities Trinity serves.

Vision

Trinity is committed to building a world that’s safer and more secure, more comfortable and energy efficient, more innovative, and productive. Accordingly, the Company believes in identifying corporate social responsibility projects that have optimal and sustainable impact on local communities, in the areas where the Company can leverage its strengths. Whilst the Company will continue to support activities as per Schedule VII of the Act listed below, the Company will focus its efforts on the areas of vital importance, i.e., environmental sustainability, education, rural development, disaster relief and other activities. Trinity may join hands with leading public and non-profit institutions to develop powerful programs to address the needs of the communities it serves. This Policy encompasses the Company’s philosophy setting out the Company’s role as a responsible corporate citizen and lays down guidelines for undertaking programs for public good.

Our Focus Areas

We combine CSR strategy and community outreach with both financial support and volunteerism to address core community needs in areas where we have unique expertise. In terms of the CSR Rules, the Company will be focusing on undertaking the project /programs /activities listed below, as specified in Schedule VII to the Act excluding activities undertaken in pursuance of normal course of business of a Company.

a. Environmental Sustainability:
  • Promoting awareness about environmental issues.
  • Promoting awareness about environmental issues.
b. Education
  • Promoting Education in all forms, including special education and Employment enhancing vocational skills especially among children, women, elderly and differently abled, who are in need and financially backward. Provide financial support to academic institutions for providing infrastructure facilities with the objective of assisting students in their studies.
  • Improving quality of education in existing schools and promoting the other cultural activities.
c. Rural Development
  • To development of Rural Area and identified the registered Trusts who engaged in the work of rural Development.
d. Disaster Relief
  • Contribution money for adopting the relief measures during the time of Natural Disaster, anywhere in the Country.
  • Contribution money for development of standard of living of peoples who suffered any natural disaster in the Country.
e. Other Activities
  • Other CSR Activities in line with Schedule VII of the Act and approved by the CSR Committee.

Composition of CSR Committee

The CSR Committee shall consist of 2 (Two) or more members and such number of other members as may be decided by the Board of Directors from time to time, in accordance with the provisions of the Act and the charter documents of the Company. The present members of the CSR Committee constituted by the Board of Directors are as follows:

S.No Name Designation
1 Mr. Ashok Kumar Munusamy Chairman
2 Mr. Devarajan Samu Member
3 Mr.Radhakrishan Nambiar Member
4 Mr.Ashish Kumar Modi Member
5 Mr.Manish Kumar Sharma Member
6 Mr.Rajesh R Pillai Member

Implementation

Trinity is committed to building a world that’s safer and more secure, more comfortable and energy efficient, more innovative, and productive. Accordingly, the Company believes in identifying corporate social responsibility projects that have optimal and sustainable impact on local communities, in the areas where the Company can leverage its strengths. Whilst the Company will continue to support activities as per Schedule VII of the Act listed below, the Company will focus its efforts on the areas of vital importance, i.e., environmental sustainability, education, rural development, disaster relief and other activities. Trinity may join hands with leading public and non-profit institutions to develop powerful programs to address the needs of the communities it serves. This Policy encompasses the Company’s philosophy setting out the Company’s role as a responsible corporate citizen and lays down guidelines for undertaking programs for public good.

Monitoring

The CSR Committee and the Board will review, monitor and provide strategic direction to the Company's CSR and sustainability practices towards fulfilling its objectives under this Policy, and review the effectiveness of the programs implemented under this Policy. The programs and activities will be identified and approved by the Board.

Budget

A specific budget calculated in accordance with the provision of Section 135 of the Act is allocated for activities to be undertaken in pursuance of this Policy. For achieving corporate social responsibility objectives, the Company will initially allocate funds earmarked for such activities for implementation of programs either independently or jointly with third party organizations that meet the requisite expertise and credentials for the project(s).

Annual Action Plan

The Corporate Social Responsibility Committee shall formulate and recommend to the Board, an Annual CSR Action Plan in pursuance of this CSR Policy, which shall include the following, namely:

  • the list of CSR projects or programs that are approved to be undertaken in areas or subjects specified in Schedule VII of the Act;
  • the manner of execution of such projects or programs as specified in Rules;
  • the modalities of utilization of funds and implementation schedules for the projects or program;
  • monitoring and reporting mechanism for the projects or programs; and
  • details of need and impact assessment, if any, for the projects undertaken by the Company.

The Board will consider and approve the CSR Plan with such modification that may be deemed necessary. The Board may also alter the Annual Action Plan at any time during the financial year, as per the recommendation of its CSR Committee, based on the reasonable justification to that effect.

Governance

The Board shall satisfy itself that the funds disbursed have been utilised for the purposes and in the manner as approved by it and the Chief Financial Officer or the person responsible for financial management shall certify to the effect.

The Board of Directors of the Company shall ensure that the administrative overheads shall not exceed the threshold limit for the financial year per the Act and the Rules.

The Board of Directors’ Report of the Company shall include an annual report on CSR containing particulars, as applicable and as mentioned in the Rules.

The Company shall undertake an impact assessment, through an independent agency, of its CSR projects per the requirement under the Act and the Rules.

Any amount remaining unspent, if any, under sub-section (5) of Section 135 of the Act, pursuant to any ongoing project, fulfilling such conditions as may be prescribed, undertaken by the Company in pursuance of the Policy, shall be transferred by the Company to a special account to be opened by the Company in that behalf for that financial year in any scheduled bank to be called the “Unspent Corporate Social Responsibility Account”, and such amount shall be spent by the Company in pursuance of its obligation towards the Policy within the period specified under the Act and Rules, failing which, the Company shall transfer the same to a Fund specified in Schedule VII. The Company shall transfer the unspent amount within the time provided under the Act and Rules.

This Policy is in conformity with the requirements laid down under the Act

Review of Policy

The Corporate Social Responsibility Committee of the and the Board of Directors of the Company will review the Policy at regular intervals as deemed appropriate.

Amendments

Any or all the provisions of this Policy are subject to revision/modification by the Committee, as may be required. The CSR Policy of the Company may be amended at any time by the Board of Directors on the recommendation of the CSR Committee.

Definitions

For purposes of this Policy, the following terms shall have the following meaning:

  • Act shall mean the Companies Act, 2013 (to the extent that such enactment is in force and applicable to the context in which such term is used herein) and shall include all amendments, modifications and re-enactments of the foregoing.
  • Annual Action Plan shall mean the annual action plan formulated by the Committee and approved by the Board of Directors in accordance with Rule 5(2) of the Rules.
  • Board shall mean the Board of Directors of the Company.
  • CSR Committee shall mean the committee constituted by the Board of Directors under Sec.135 of the Act.
  • Rules means Companies (Corporate Social Responsibility Policy) Rules, 2014, or any other rules prescribed under Sec. 135 of the Act and pertaining to corporate social responsibility, as may be amended, and prescribed, from time to time.

For enquiries related to this Policy or Trinity’s CSR initiatives, please contact:

Name: Manisha Agarwal

Contact: legal@trinitymobility.com

Amended and effective July 16,2021