CSR Policy

 Corporate Social Responsibility (CSR) Policy for SYNTARION INDIA CONSULTING PRIVATE LIMITED, operating under the brand Moiret. It follows the Companies Act, 2013 (Section 135) and associated CSR Rules as amended by the MCA in 2021.

CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY

Effective Date: 09-06-2025
Last Updated: 08-06-2025

1. Objective

This CSR Policy outlines the philosophy, framework, and strategy of SYNTARION INDIA CONSULTING PRIVATE LIMITED (“Company”) with respect to its responsibility toward society and sustainable development, in accordance with Section 135 of the Companies Act, 2013 and the Companies (CSR Policy) Rules, 2014 as amended.

2. Applicability

This Policy applies to:

• All CSR activities undertaken by the Company;
• All personnel, including employees, CSR committee members, and implementing agencies.

3. CSR Vision

Our vision is to actively contribute to the social and economic development of the communities in which we operate and to promote inclusive growth and environmental sustainability.

4. CSR Committee

A CSR Committee of the Board shall be constituted as per the statutory requirements, and shall:

• Formulate and recommend the CSR Policy to the Board;
• Recommend projects, budgets, and monitoring mechanisms;
• Oversee the implementation and compliance of CSR initiatives.

5. CSR Activities

The Company shall undertake CSR projects in line with Schedule VII of the Companies Act, 2013, which may include but are not limited to:

1. Eradicating hunger, poverty, and malnutrition;
2. Promoting education, especially for women, children, and the differently-abled;
3. Promoting gender equality and empowerment of women;
4. Ensuring environmental sustainability;
5. Employment-enhancing vocational skills;
6. Protection of national heritage and culture;
7. Measures for armed forces veterans and war widows;
8. Contribution to PM CARES Fund or other approved government funds;
9. Rural development and disaster relief.

6. Implementation

CSR activities may be implemented through:

• Directly by the Company;
• Section 8 Companies, Trusts, or Societies with a proven track record;
• Collaborations with NGOs or other corporates under joint initiatives;
• Contributions to government funds under Schedule VII.

7. Budget and Expenditure

• A minimum of 2% of the average net profits of the last 3 financial years shall be spent on CSR each year;
• Administrative overheads shall not exceed 5% of the total CSR expenditure;
• Any unspent CSR amount (not related to ongoing projects) will be transferred to a government-specified fund within 6 months of the financial year’s end;
• Unspent amounts on ongoing projects shall be transferred to a special CSR Unspent Account and spent within 3 years.

8. Monitoring and Evaluation

The CSR Committee shall monitor project progress through:

• Periodic reviews and reports from implementing partners;
• Site visits and third-party impact assessments, where appropriate;
• Annual CSR report as part of the Board’s Report in the prescribed format.

9. Disclosure

This CSR Policy and details of approved projects, spending, and outcomes shall be:

• Disclosed on the Company’s website;
• Included in the annual report as per Rule 8 of the CSR Rules.

10. Surplus Management

Any surplus arising from CSR projects will:

• Not form part of business profits;
• Be ploughed back into the same project or another eligible CSR activity.

11. Policy Review

The CSR Policy will be reviewed annually and amended in accordance with:

• Changes in legal requirements;
• Strategic priorities of the Company;
• CSR performance and stakeholder feedback.

12. Contact

For queries or partnerships related to CSR initiatives:

Email: supports@moiret.com
Mailing Address:
SYNTARION INDIA CONSULTING PRIVATE LIMITED
2nd Phase Gokula Ext., Kyathsandra, Tumkur City, Tumkur, Karnataka