CSR

At Amphenol Interconnect India Pvt Ltd, we take our corporate social responsibility seriously. We are committed to making a positive impact on our community and the environment through sustainable practices and ethical business conduct. Our initiatives focus on education, environmental sustainability, and community welfare, aiming to enhance the quality of life for those around us. We believe that responsible business practices not only benefit society but also contribute to our long-term success. Together, we strive to create a better future for all.

As required under the Companies Act, 2013, the company announces its Corporate Social Responsibility (CSR) Policy, ensuring compliance with applicable laws, including the Act and the Rules, and proper utilization of funds earmarked for CSR activities.

1. CSR Focus Areas:

In accordance with the primary CSR policy and the activities specified under the Act read with Companies (Corporate Social Responsibility Policy) Rules, 2014, the CSR activities undertaken by the company are as follows:

1.1 Key Activities:

Vocational Training: The main focus of the company is on education, including providing vocational training to students pursuing courses in machining, assembly, and other skills required in manufacturing. This aims to prepare them for challenges in the corporate world. About 70-75% of the CSR expenditure is proposed to be spent on vocational training activities.

1.2 Other Activities:

The company will allocate 20-25% of the CSR expenditure on the following activities:

• 1.2.1 Eradicating hunger, poverty, malnutrition, and promoting healthcare, including preventive healthcare and sanitation. This includes contributing to the Swachh Bharat Kosh set up by the Central Government for the promotion of sanitation and making safe drinking water available.
• 1.2.2 Promoting education, special education, and vocational skills, especially among children, women, the elderly, and differently-abled individuals, and livelihood enhancement projects.
• 1.2.3 Promoting gender equality, empowering women, setting up homes and hostels for women and orphans, old-age homes, day-care centers, and facilities for senior citizens, and reducing inequalities faced by socially and economically backward groups.
• 1.2.4 Providing support for armed forces veterans, war widows, and their dependents.
• 1.2.5 Promoting rural sports, nationally recognized sports, Paralympic sports, and Olympic sports.
• 1.2.6 Ensuring environmental sustainability, ecological balance, animal welfare, and conservation of natural resources, including contributing to the Clean Ganga Fund for rejuvenating the river Ganga.
• 1.2.7 Protecting national heritage, art, and culture, restoring historical buildings and sites, setting up public libraries, and promoting traditional arts and handicrafts.
• 1.2.8 Rural development projects.
• 1.2.9 Contributing to the Prime Minister’s National Relief Fund and other funds for socio-economic development, welfare of scheduled castes, tribes, minorities, and women.
• 1.2.10 Providing contributions to technology incubators located in academic institutions approved by the Central Government.

2. Implementation of CSR Activities:

2.1 Vocational Training:

• A training room and faculties will be provided annually for a 2-year training program, ongoing as part of the CSR activities.
• Suitable plant and machinery will be provided, along with two trainers, to train 25 students. The company will maintain separate GL accounts to monitor expenditure.
• Students will receive on-the-job and in-house training to become capable of working independently on sophisticated machines.

2.2 Other Activities:

The company may undertake other CSR activities independently or through partnerships with agencies or NGOs. Collaboration with other companies for joint projects is possible, ensuring that the CSR Committees can report separately on the activities undertaken.

3. CSR Committee:

The CSR Committee will be constituted by the Board of Directors.

3.1 Constitution:

The committee will consist of three or more members of the Board. If the Board has only two directors, they will form the CSR Committee. Changes in the members will be based on the approval of the Board.

3.2 Quorum:

Any two members personally present or via video conferencing will form a quorum for CSR Committee meetings.

3.3 Meetings:

At least two meetings will be held annually, with provisions for video conferencing. Meetings can be convened as requested by members, and one member will issue the notice to convene meetings.

3.4 Minutes:

Minutes of the proceedings will be signed by the chairman of the next meeting and placed before the Board for approval.

3.5 External Advice:

The committee may secure external professional advice and invite third-party experts to meetings when necessary. The committee has authority to engage and terminate CSR consultants as needed.

4. Roles and Responsibilities of the CSR Committee:

The CSR Committee will:

• Formulate and recommend the CSR policy and amendments to the Board.
• Recommend the amount of expenditure for each financial year.
• Identify and recommend CSR activities to the Board.
• Implement and monitor CSR activities.
• Update the Board on progress, utilization of funds, and any unspent or additional funds required.
• Ensure CSR funds are used only for permitted activities.

5. Disclosure:

The Board will approve the CSR policy and activities as recommended by the Committee. The same will be disclosed in the Board’s report and placed on the company’s website. The unspent amount for a financial year, along with reasons, will also be disclosed in the report.

6. Amendments to the CSR Policy:

The CSR Committee will review the policy periodically and make changes as necessary, subject to Board approval. The Board may amend the policy based on the committee’s recommendations.