Corporate Social Responsibility
At Berar Finance Limited (“BFL”), we strongly believe in engaging with different communities and giving back to society at large. Our corporate social responsibility initiatives are mainly focused on improving the quality of life of underprivileged communities and to the betterment of the environment. At BFL, we firmly believe the Healthcare, Education, Environmental Sustainability, Poverty Alleviation and Welfare of our People, the Community and Society, as a Whole, is intrinsic to our approach to the business.
The five major areas in which the Company plans to work shall include Education, Healthcare, Environmental Sustainability, Poverty Alleviation and Promoting Sports. The objectives of the Company for the above activities shall be as follows:
Education
Our endeavour is to spark the desire for learning and enlighten minds. We may undertake to fulfill this objective by way of providing quality education initiatives or by financial assistance to the poor and needy students, education assistance to mentally handicapped children, assistance to undertake or to impart vocational training, adult education programs, girl education, other related infrastructure etc.
Health Care
Our goal is to render quality healthcare facilities which we may provide by way of undertaking preventive healthcare programs including but not limited to settings various camps and related infrastructure services, providing of sanitation and making available safe drinking water, direct assistance to critically ill patients etc.
Environmental Sustainability
For addressing this objective, we may undertake afforestation, planting of trees, maintain public garden, playground cleanliness and such other similar programmes or activities focused towards maintaining ecological balance, quality of soil, air and water, conservation of natural resources etc.
Poverty alleviation and livelihood enhancement projects /women empowerment
To help poor people to help them to earn their livelihood thereby helping them to come out of poverty line. This also includes activities to boost women empowerment. This will be through providing income earning assets like sewing machines, pressing machine, washing machines etc.
Promoting Sports
This includes providing financial assistance for organizing sports events, reimbursing the cost incurred by financially poor /needy sports boys/girls for playing any sport.
Composition of Corporate Social Responsibility (“CSR”) Committee:
| Sr. No. | Name of Committee members | Designation / Nature of Directorship |
|---|---|---|
| 1 | Mr. Maroti Jawanjar | Executive Chairman |
| 2 | Mr. Vishwas Pathak | Independent Director |
| 3 | Mr. Sandeep Jawanjal | Managing Director |
| 4 | Mr. Siva Vadivel Alagan | Non-Executive Director |
