1. INTRODUCTION

Corporate Social Responsibility (CSR) represents BMEC Imaging Pvt Ltd’s dedication to conducting business in a manner that is economically, socially, and environmentally sustainable, while adhering to ethical and transparent practices.

BMEC Imaging Pvt Ltd is committed to undertaking CSR activities in alignment with Section 135 of the Indian Companies Act, 2013, and the associated Rules. The company has established a dedicated CSR team to fulfill its commitment to contributing positively to society.

2. AIMS & OBJECTIVES

  • Develop a long-term vision and strategy for BMEC Imaging Pvt Ltd’s CSR objectives.
  • Ensure that CSR activities align with the core business values of BMEC Imaging Pvt Ltd and comply with Schedule VII of the Companies Act, 2013.

3. CSR FOCUS AREAS

Promotion of Education

  • Enhance educational infrastructure by providing essential facilities such as seating, sanitation, drinking water, and ventilation in schools.
  • Support the advancement of science and technology education by providing equipment to schools.
  • Aid children in pursuing higher education.
  • Assist the education and nutrition needs of differently-abled children.

Gender Equality and Women Empowerment

  • Promote adult literacy for women.
  • Offer vocational training to women.
  • Support old-age homes and other facilities for senior citizens.
  • Address social and economic inequalities affecting underprivileged groups.

Rural Development

  • Improve rural infrastructure, including water supply, sanitation, electrification, and livelihoods to foster sustainable village development.

Sports Promotion

  • Support and train athletes in rural and nationally recognized sports, including para-sports.

Contribution and Financial Assistance

  • Contribute to funds like the Prime Minister’s National Relief Fund and other Central Government initiatives aimed at socio-economic development and the welfare of marginalized communities, including Scheduled Castes, Scheduled Tribes, backward classes, minorities, and women.

4. CSR COMMITTEE

BMEC Imaging Pvt Ltd will form a CSR Committee in compliance with applicable laws. The Committee will oversee the implementation, monitoring, and review of the CSR Policy and the projects undertaken. Regular reports will be submitted to the Board of Directors.

5. CSR FUND

The Committee will allocate 2% of the average net profits from the preceding three financial years to CSR initiatives, as outlined in this policy.

6. DUTIES & RESPONSIBILITIES OF THE CSR COMMITTEE

  • Formulate and recommend CSR activities/programs to the Board.
  • Propose the CSR expenditure for approval.
  • Establish transparent mechanisms for implementing and monitoring CSR projects.
  • Submit an annual report on CSR activities to the Board.

7. RESPONSIBILITY OF THE BOARD

  • Approve the CSR Policy and associated expenditure, considering the recommendations of the CSR Committee.
  • Ensure compliance with the CSR spending requirement of 2% of the average net profits from the preceding three financial years.
  • Disclose the CSR Policy on the BMEC Imaging Pvt Ltd website.
  • Include a detailed report on CSR activities in the Annual Report.

8. CSR EXPENDITURE

  • Allocate at least 2% of the average net profits of the preceding three years to CSR activities annually.
  • Ensure that expenditure aligns with approved CSR projects and does not include items beyond the scope of CSR activities.
  • Exclude any surplus generated from CSR activities from the company’s business profits.

9. IMPLEMENTING CSR ACTIVITIES

  • CSR activities will be executed by a CSR Working Committee under the direction of the CSR Committee.
  • BMEC Imaging Pvt Ltd may collaborate with credible implementing agencies such as NGOs and other non-profit organizations.
  • Collaborations with other companies for joint CSR initiatives will adhere to the reporting requirements prescribed under the law.
  • Employee engagement in CSR activities will be encouraged through volunteer programs, with efforts made to communicate and maximize participation.

10. CSR REPORTING

  • An annual report detailing CSR activities undertaken will be included in the Board’s Report.
  • The CSR Committee will prepare an implementation and monitoring report to ensure compliance with the company’s CSR objectives.
  • The CSR Policy and related updates will be displayed on the BMEC Imaging Pvt Ltd website.

11. AMENDMENTS

The CSR Policy may be reviewed and updated periodically as required.

12. DISCLOSURE

All disclosures, displays, and reporting related to CSR will comply with the relevant provisions of the Companies Act, 2013, and associated Rules.