KIMS Al Shifa Healthcare Private Limited (KAS) is a corporate entity committed to serve
the people by providing hospitality services. Our strategic CSR initiatives are based on social
and environmental consequences but at the same time due consideration is given to the interests
of its stakeholders including shareholders, customers, employees, suppliers, business partners,
local communities and other organizations.
CSR Policy of KAS is framed around our ethical business practices and values we have wovenover a period of time. Like our business which is strongly dependent on customer satisfaction,we have created our framework of CSR activities around people with humanity and personcentric approach. We aim to address social, environmental and economic needs of themarginalized/underprivileged sections of the society. Through this policy, we align our CSRstrategy with the company’s vision and goals. We adopt an approach that integrates solutions toproblems to benefit the communities at large and create social and environmental impact.
The Policy shall be applicable to all CSR activities of the company whether carried by it or
through any implementation agency with effect from December 14, 2022.
KAS’s approach towards social responsibility and sustainability would be on the following key areas and the detailed activities are listed in Annexure A:
Healthcare including preventive & community healthcare
Safe Drinking Water/Sanitation
Education& Livelihood Enhancement
Gender Equality/Women Empowerment
A. Board of Directors
B. CSR Committee
C. Senior Management
D. CSR Lead
Reporting & Disclosures
The company may undertake programs in collaboration with other companies only in caseswhere such programs are separately reportable in the CSR report of participating companies.
The Administrative overheads shall not exceed Five percent of total CSR expenditure of theCompany for the Financial Year. Any amount that remains unspent on ongoing projects will be transferred to a separate accountas per Rules.
Surplus arising out of any CSR project or program or activities shall not form part of thebusiness profit of the company, and can be utilized as permitted under the Rules.
The CSR policy of the company may be amended at any time by the board of the company onthe recommendation of the CSR committee.
Since the company is not required to constitute CSR committee as per the provision ofSection 135(9) of the Companies Act, 2013, the activities/ roles and responsibilities of theCommittee mentioned in the policy will be vested with the Board of Directors of the Company.