Board Level Committee for CSR
Committees at Corporate Level
Board Level Committee (BLC) for CSR:
Members: It will consist of Director (HR), Director (Finance) and at least one Independent Director. Chairman of the Committee will be an Independent Director. Decision with regard to change in composition or reconstitution of the BLC will be within the purview of the Board. The Committee will meet at least once in a quarter.
Role: The BLC shall,
- Formulate and recommend to the Board, a CSR Policy which shall indicate the activities to be undertaken by the company as specified in Schedule VII;
- Recommend the amount of expenditure to be incurred on the activities referred to in clause (a); and
- Monitor the CSR Policy of the company from time to time to review, guide and direct the CSR operations of the company;
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