Anand Rayons Limited disclosed the outcomes of its Board Meeting held on June 18, 2026, which commenced at 03:00 PM and concluded at 04:45 PM. The meeting was conducted pursuant to the provisions of the Companies Act, 2013 and its rules.
Key Decisions:
1. Constitution of Corporate Social Responsibility (CSR) Committee
The Board noted that the company has become subject to the provisions of Section 135 of the Companies Act, 2013, having met the prescribed threshold criteria relating to net worth, turnover, or net profit during the immediately preceding financial year.
The Board approved the constitution of a three-member CSR Committee with the following composition:
- Mrs. Jigisha Chorawala as Chairperson
- Mr. Anand Bakshi as Member
- Mr. Anil Merchant as Member
The CSR Committee is mandated to discharge its functions and responsibilities in accordance with Section 135 of the Companies Act, 2013 and the Corporate Social Responsibility Policy Rules, 2014.
2. Approval and Adoption of CSR Policy
The Board considered and approved the Corporate Social Responsibility Policy of the company as recommended by the CSR Committee. The CSR Policy outlines:
- The company's CSR vision
- Governance framework
- Implementation mechanism
- Monitoring process
- Activities to be undertaken in accordance with Schedule VII of the Companies Act, 2013
The Policy is effective from June 18, 2026, and will be uploaded on the company's website at www.anandrayons.com.
Additional Information:
The details of the CSR Committee and CSR Policy will be made available on the company's website and included in the Annual Report as required under applicable laws and regulations.
The disclosure was signed by Varsha Maheshwari, Company Secretary & Compliance Officer, on June 18, 2026, at 16:53:51 IST.