Corporate Social Responsibility (CSR) is a management concept whereby companies integrate social and environmental concerns in their business operations and interactions with their stakeholders. CSR is generally understood as being the way through which a Company achieves a balance of economic, environmental and social imperatives, while at the same time addressing the expectations of shareholders. In this sense it is important to draw a distinction between CSR, which can be a strategic business management concept, and charity, sponsorships or philanthropy.
Key focus areas:
Hunger : As a part of CSR initiative, MRO main motive is “No one should sleep hungry”. MRO focuses on distributing meals, groceries and various similar necessary items to needy and poor people which is required on daily basis.
Education : As a part of CSR initiative, MRO aids to provide education to the children in slum areas through various government and private schools/ institutions.
Healthcare : As a part of CSR initiative, MRO focuses on providing medical facility to the needy and poor people.
MRO may undertake other similar activities as a part of CSR initiative in line with the provisions of the Companies Act, 2013 read with Schedule VII to the Companies Act, 2013 and The Companies (Corporate Social Responsibility Policy) Rules, 2014.
The Company will undertake CSR activities by its own or through registered trust “ Smt. Manjulaben Indukumar Ratilal Kamdar Charitable Trust.”