Policy – GM Coach

Corporate Social Responsibility (CSR) Policy

Our CSR Policy outlines our commitment to addressing critical social, environmental, and economic needs of marginalized communities. We believe in adopting a shared value approach to create a positive impact while enhancing our competitive advantage.

1)The key purpose of our CSR Policy is to

Define what CSR means to us and the approach adopted to achieve our CSR goals.
Identify broad areas of intervention in which we will undertake CSR projects.
Serve as a guiding document to help execute and monitor CSR projects.
Elucidate criteria for selection of implementation agencies.
Explain the manner in which the surpluses from CSR projects will be treated.

2)Composition of CSR Committee :

The composition of the CSR Committee during the Financial Year 2022-23 was as follows:

S.No	Name of the Director	Designation/ Nature of Directorship	No. of Meetings of CSR Committee held (2023-24)	No. of Meetings attended (2023-24)
1	Sabapathy Muthukumar	Chairman, Director	2	2
2	Muthukumar Gomathi	Member, Director	2	2

Web-link where Composition of CSR Committee, CSR Policy and CSR Projects approved by the Board are disclosed on the Website of the company

For Composition of the CSR Committee:
For CSR Policy :
For CSR Projects approved by the Board

Executive Summary along with the Web-links of Impact Assessment of CSR Projects carried out in pursuance of Rule 8(3) of the Companies (Corporate Social Responsibility Policy) Rules, 2014, if applicable:

Not Applicable

5)

(a) Average Net Profit of the Company as per Section 135(5) of the Companies Act, 2013: ₹ 3.74 crore
(b) Two percent of Average Net Profit of the Company as per Section 135(5) of the Companies Act, 2013: ₹ 7.48 Lakhs
(c) Surplus arising out of the CSR Projects or Programmes or Activities of the previous Financial Years:Not Applicable
(d) Amount required to be Set off for the Financial Year, if any: Not Applicable
(e) Total CSR Obligation for the Financial Year (5b+5c-5d): ₹ 7.48 Lakh

6)

(a) Amount Spent on CSR Projects (both Ongoing Projects and Other than Ongoing Projects): ₹ 7.90 Lakhs
(b) Amount Spent in Administrative Overheads: ₹ 0
(c) Amount Spent on Impact Assessment, if applicable: Not Applicable
(d) Total Amount Spent for the Financial Year (6a + 6b + 6c): ₹ 7.90 Lakhs
(e) CSR Amount Spent or Unspent for the Financial Year:

Total Amount Spent for the Financial Year

Amount Unspent

Total Amount transferred to Unspent CSR Account as per Section 135(6) of the Companies Act, 2013

Amount transferred to any Fund specified under Schedule VII as per second proviso to Section 135(5) of the Companies Act, 2013

7,90,975

Amount	Date of Transfer
NOT APPLICABLE

Name of the Fund	Amount	Date of Transfer
NOT APPLICABLE

Note : During the Financial Year 2023-24, your Company was required to spend ₹7.48lakhs towards CSR Activities in terms of the mandatory provisions of Section 135 of the Companies Act, 2013 and the Companies (Corporate
Social Responsibility Policy) Rules,2014,while the actual CSR spending for the year was ₹7.90Lakhs. Thus, the
mandatory amount for the Financial Year 2023-24 has been fully spent by the Company.

Details of CSR Amount spent against Ongoing Projects for the Financial Year : Nil

S.No	Name of the Project	Item from the List of Activities in Schedule VII to the Companies Act, 2013	Location of the Project			Amount Spent for the Project	Mode of Implementation – Direct (Yes/No)	If Mode of Implementation is through Implementing Agency
S.No	Name of the Project		Local area (Yes/No)	State	District	Amount Spent for the Project	Mode of Implementation – Direct (Yes/No)	Name	CSR Registration Number
1	Community Development	(i)	Yes	Tamilnadu	Chennai	677475	No	UNIVERSAL PEACE FOUNDATION	CSR00022513
2	Community Development	(i)	Yes	Tamilnadu	Chennai	71500	No	CHILDREN CHARITABLE TRUST	CSR00044210
3	Community Development	(i)	Yes	Tamilnadu	Chennai	42000	No	TRUTH FOUNDATION	CSR00008832

(f) Excess Amount for Set-off, if any:

S.No	Description	Amount (in Lakhs)
i	Two percent of Average Net Profit as per Section 135(5) of the Companies Act, 2013	7.48
ii	Total Amount Spent for the Financial Year	7.90
iii	Excess Amount Spent for the Financial Year [(ii)-(i)]	0.42
iv	Surplus arising out of CSR Projects / Programmes / Activities of the previous Financial Years, if any	0
v	Amount available for set off in succeeding Financial Years [(iii)-(iv)]	0.42

7)

Details of Unspent CSR Amount for the Preceding 3 (Three) Financial Years : NIL

8) Whether any Capital Assets have been created or acquired through CSR amount spent in the Financial Year and if yes, number of such Capital Assets and Details there of :

Not Applicable

9)Specify the Reason(s), if the Company has failed to spend 2% (Two per cent) of the Average Net Profit as per Section 135(5) of the Companies Act, 2013:

The mandatory amount ₹ 7.48 Lakhs for the Financial Year 2023-24 has been fully spent by the Company.