We, GBTL Limited are always dedicated and are conscious of our responsibility towards welfare activities and development of the community. Across all of our manufacturing units, we regularly undertake welfare activities for its neighbouring community leading to better amenities for the community at large.
Pursuant to the provisions of Section 135 of the Companies Act, 2013, Companies (Corporate Social Responsibility Policy) Rules, 2014 made thereof & other applicable provisions if any, the Company is required to constitute a Corporate Social Responsibility Committee (hereinafter referred to as ‘CSR Committee’) which shall frame and recommend to the Board, a CSR Policy indicating the activities to be undertaken by the Company as specified in Schedule VII of the Companies Act, 2013 or any amendment from time to time.
In Compliance with the Companies Act 2013 and for the proper management of CSR activities & smooth functioning, the Company has constituted a “Corporate Social Responsibility Committee”.
The CSR Committee of the Board shall comprise of at least three (3) Directors out of which atleast one (1) director shall be an Independent Director. Members of the CSR Committee may be replaced by any other member of the Board.
The CSR committee shall:
The policy would ensure compliance with section 135 of the Companies Act, 2013, along with activities as covered under Schedule VII to the Act and the Companies (Corporate Social Responsibility Policy) Rules, 2014 and as amended from time to time and the circulars issued by Ministry of Corporate Affairs.
The Company shall spend at least 2% of average Net Profit made during the preceding three financial years, net profit being calculated in accordance with provisions of section 198 of the Companies Act, 2013.
The CSR Committee will frame a CSR policy of the Company and will recommend the said policy to the Board. The Board on receiving recommendations from the Committee will approve the CSR policy and disclose it in its report. The Board shall ensure that the activities mentioned in CSR Policy of the Company are undertaken by the Company.
The progress of Corporate Social Responsibility programs under implementation will be reviewed by the CSR Committee and reported to the Board from time to time.
The following activities as specified in Schedule VII of the Companies Act, 2013 may be undertaken by the Company as Corporate Social Responsibility activities of the Company:-
The Board of Directors of the Company shall, after taking into account the recommendations of CSR Committee, approve the CSR Policy for the Company and disclose the contents of such policy in its report and the same shall be displayed on the Company’s website in the manner as specified in Companies (Corporate Social Responsibility Policy) Rules, 2014.
In case of any ambiguity with regard to any provision of the policy and also in respect of matters not covered herein, a reference to be made to CSR Committee. In all such matters, the interpretation & decision of the Committee shall be final.
Any or all provisions of the CSR Policy would be subject to revision/amendment by the CSR Committee. The CSR Committee reserves the right to modify, add, or amend any of provisions of this Policy subject to approval of the Board.
A visionary leader, Mr. Rajendra V Agarwal is a gold medalist in Textile Technology with over four decades of experience with valuable contribution to the industry. He proactively contributes in all aspects of management right from operations to finance, marketing and human resource development.
Being an illustrious entrepreneur, he has the knack of identifying new opportunities, sustaining extraordinary business growth while exploring and acquiring new businesses. With his insightful approach for continuous innovation, he has repeatedly set new benchmarks. He is a people's person and his commitment for excellence inspires many across the industry.
Mr. Ajay Agarwal is a Commerce Graduate with experience spanning over three decades in the textile industry. He is known for his business acumen for adapting to the changing scenario of the industry. He constantly stays in touch with the market and latest development in fashion & design.
He is known for bridging he gap between product, trade and customers by maintaining personal rapport with trade partners network across India.
With academic strength in economics and strategy, Mr. Rahul Agarwal oversees Business operations, people and new ventures. He is a keen strategist with a long term focus on people, sustainability, and growth.
By providing specific emphasis and direction to the B2B, institutional and garment-driven initiatives, he ensures that the company constantly strives to attain its business objectives.
She has been instrumental in strategically spearheading the retail business and turning it around. Understanding customer’s requirements and with keen insights, she has been the driving force for product innovation and sourcing.
She is actively involved in procurement, finalisation of the new products and designs for the coming season.Her timely decision making approach has led to faster execution of ideas and is a big contributor to the growth story of retail business.
A Chartered Accountant by qualification, Mr. Ankit Jogani is a bright and dynamic leader with sound business insight and passion for technology driven ideas. In his tenure over a decade, he has contributed immensely by directing strategies, establishing processes and managing a team for overall operational excellence.
He constantly strives for new product innovation and technological upgradation to provide sustainable clothing solutions.