• Recognitions & Awards
  • |
  • Lab Facilities
  • |
  • Regulatory
  • |
  • Innovations@tagros
  • CSR Policy @ Tagros


    Corporate Social Responsibility (CSR) is the Company’s commitment to its stakeholders to conduct business in an economically, socially and environmentally sustainable manner that is transparent and ethical.TAGROS CHEMICALS INDIA PRIVATE LIMITED(TAGROS) is committed to undertake CSR activities in accordance with the provisions of Section 135 of the Companies Act, 2013 and the related Rules



    To develop a long-term vision and strategy to promote one or more of the following CSR objectives of the company.

    • Eradicating hunger,poverty and malnutrition
    • Promoting healthcare and sanitation
    • Promoting education and enhancement of vocational skill among children, women and elderly
    • Women empowerment and measures protecting interest of women
    • Promoting ecological balance, ensuringenvironmental sustainability
    • Conservation of natural resources and maintaining quality of soil, air and water
    • Protection of natural heritage, art and culture
    • Measures for the benefit of armed forces veterans, war widows etc.

    TAGROS shall promote projects that are:


    • Sustainable and create a long term change;
    • Have specific and measurable goals in alignment with TAGROS’s philosophy
    • Address the most deserving cause or beneficiaries
    • To establish process and mechanism for the implementation and monitoring of the CSR activities of TAGROS.



    The CSR Committee of the Board shall be composed of at least three (3) Directors. Members of the CSR Committee may be replaced by any other member of the Board.


    The CSR Committee shall meet as often as its members deem necessary to perform the duties and responsibilities effectively and efficiently but not less than once in a quarter.


    1. Formulate and recommend to the Board the CSR activities/programs to be undertaken by TAGROS.
    2. Recommend the CSR Expenditure to be incurred on the CSR activities/programs.



    1. Approve the CSR Policy and the CSR Expenditure after taking into consideration the recommendations made by the CSR committee.
    2. Ensure the CSR spending every financial year of at least 2% of average net profits made during the immediately preceding 3 financial years, in pursuance with the Policy.
    3. Ensure that CSR activities included in the CSR Policy are undertaken by TAGROS and such activities are related to the activities specified in Schedule VII of the Companies Act, 2013.
    4. Director’s report to include:
    5. Contents of the CSR Policy and Composition of the CSR committee.
    1. Reasons for failure (if any) to spend required amount on CSR activities.


    1. In every financial year, TAGROS shall spend a minimum of 2% of its Average Net Profits in the immediately preceding three(3) financial years. Average Net Profits shall mean the net profits of the Company as per the Profit and Loss Statement prepared in accordance with the Companies Act, 2013
    2. CSR Expenditure shall mean all expenditure incurred in respect of specific projects/programs relating to the approved CSR activities.
    3. CSR Expenditure shall not include expenditure on an item not in conformity or not in line with activities which fall within the purview of the CSR activities listed in Schedule VII.
    4. CSR Expenditure shall not include Projects or programs or activities undertaken outside India.
    1. The surplus arising out of the CSR activities or projects shall not form part of the business profits of TAGROS.
    2. Contributions by employees may also be received and utilized in respect of the CSR activities undertaken.


    The CSR activities shall be undertaken in locations within India. TAGROS shall give preference to local areas around which they operate while considering the activities to be undertaken and spending the amount earmarked for CSR activities.


    1. The CSR committee shall ensure that qualified persons are given the responsibility of ensuring the day to day implementation and execution of the CSR activities and projects
    2. TAGROS shall undertake the CSR activities directly and also through various implementing agencies such as NGO’s, non-profit organizations etc. Such implementing agencies shall have an established track record as prescribed under the law.
    3. The initiatives undertaken may be communicated to the employees through specific awareness campaigns, so as to enable maximum participation.
    4. The following activities do not qualify as CSR Activities under the Companies Act, 2013:
    5. Projects or activities not falling within Schedule VII (Appendix 1).
    1. Activities undertaken in pursuance of normal course of business.
    1. Projects or programs or activities that benefit only the employees of the Company.
    1. Direct or indirect contribution to any political party.


      TAGROS may build and enhance the CSR capabilities and skills of its own personnel through institutions with established track record of minimum three financial years. The expenditure shall not exceed 5% of the total CSR expenditure of TAGROS in one financial year.