List of CSR Projects approved by the Board of Directors of the Company
for the Financial Year ending December 31, 2023
Sl.
No.
1
2
3
4
List of CSR Projects
The list of CSR projects or programmes
List of CSR projects:
that are approved to be undertaken in areas
or subjects specified in Schedule VII of the
Maintenance of Schools and Hospitals at
Act;
Ramapuram
Village,
Mellacheruvu
Mandal,
Suryapet
District, Telangana
State,
India;
and
Boincheruvupalli
Village,
Peapully
Mandal,
Kurnool
District, Andhra Pradesh State, India.
To undertake
other
charitable
activities
prescribed under Schedule VII of the
Companies Act, 2013;
Donation to Charitable Institutions; and
Donations to Government Departments.
The manner of execution of such projects
The CSR activities mentioned at Sl. No.1
or programmes as specified in sub-rule (1)
will be undertaken through Pragnya Priya
of Rule 4;
Foundation, a Section 25 Company under the
Companies Act, 1956 (Section 8 of the
Companies
Act,
2013).
Pragnya Priya
Foundation is registered under Section 80G
and 12A of the Income Tax Act, 1961 and it
is in existence for more than 3 years.
The modalities of utilisation of funds and
The amount will be donated to Pragnya Priya
implementation schedules for the projects
Foundation which will spend towards CSR
or programmes;
activities mentioned at Sl. No.1.
Monitoring and reporting mechanism for
Pragnya Priya Foundation will provide
the projects or programmes; and
Quarterly Report on the projects or
programmes to the Company.
Composition of CSR Committee
S. No.
Name of the Director
Designation
1
Mr. N. Radhakrishna Reddy
Chairman
2
Mr. Jagan Mohan Reddy Nellore
Member
3
Mr. N. Sujith Kumar Reddy
Member
4
Mr. Suri Babu Samudrala
Member
(Independent Director)
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Rain Industries Limited published this content on 23 May 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 May 2023 06:49:05 UTC.
Rain Industries Limited is an India-based company that is engaged in the business of manufacture and sale of carbon, advanced materials and cement. Its segments include Carbon, Advanced Materials and Cement. The Carbon segment consists of Calcined Petroleum Coke, Coal Tar Pitch, Green Petroleum Coke, and other derivates of coal distillation, including creosote oil, naphthalene, carbon black oil, and other basic aromatic oils. The Advanced Materials segment includes the downstream operations of coal tar distillation and consists of engineered products, petrochemical intermediaries, naphthalene derivatives and resins. The Cement segment includes Ordinary Portland Cement (OPC) and Portland Pozzolana Cement. Its range of products serves as raw materials for a range of industries, such as aluminum, carbon black, refractory, specialty chemicals, coatings and construction. The Company's subsidiaries include Rain Cements Limited, Renuka Cement Limited, and Rain Carbon Inc.