NKID Corporate Social Responsibility Policy

[IN TERMS OF SECTION 135 OF THE COMPANIES ACT, 2013 READ WITH THE COMPANIES (CORPORATE SOCIAL RESPONSIBILITY POLICY) RULES, 2014]

Nippon Konpo India Private Limited (the "Company") is engaged in the business of transportation, Warehousing, Manpower, Custom Clearance and logistics. This CSR Policy (as defined in Clause 2(g)) aims to define and establish the Company's Policy framework towards CSR (as defined in clause 2(c)). a fully Japanese company came into existence on 31st Jan 2011 with an approach to become a national provider of business goods shipment all over India and in foreign countries.

The CSR Policy shall be implemented in accordance with the provisions of Section 135 of the Act and the Rules. It shall apply to all the CSR Activities undertaken by the Company in India as per Schedule VIl of the Act and any amendments or modifications made thereto. The CSR activities shall not include activities undertaken by the Company in pursuance of the normal course of its business. Further, projects, programs or activities that solely benefit the employees of the Company and their families shall not be considered as CSR Activities under this CSR Policy.

In compliance with the requirements of Section 135 (1) of the Act, a CSR Committee, The CSR Committee is Not applicable at the time of implementing this Policy as the company contribution is less than 50 lacs. Though the company can voluntalily have a CSR Committee comprising of Board of Directors (Japanese-2) Manager of Accouts (Indian-1), Manager of HR (Indian-1) and/or Company Secratory (Indian-1) of the company. The CSR Committee, if any, shall institute transparent monitoring mechanism for implementation of the CSR Activities undertaken by the Company.

In order to implement the approved CSR Activities, the Company may involve specialized agencies, which could include government/semigovernment/autonomous organisations, educational institutions, professional consultancy organisations, registered voluntary organisations, or any other appropriate agency/authorities.

The CSR Allocation for a financial year shall include -

1. (a). at least 2% of the average Net Profits of the Company made during three immediately preceding financial years;
2. (b). any income arising there from;
3. (c). surplus arising out of CSR Activities; and
4. (d). any contribution specifically received for CSR Activities.

Further, it is clarified that any surplus arising out of CSR Activities shall not form part of the business profits.

The Company will undertake its CSR Activities in the following areas or subject as specified in Schedule VII:

1. I. Ensuring environmental sustainability, ecological balance, Green Plantation;
2. II. Animal welfare, conservation of natural resources, maintaining quality of soil, air and water including contribution to the Clean Ganga Fund 4 set-up by the Central Government for rejuvenation of River Ganga;
3. III. The Swach Bharat Kosh set-up by the Central Government;
4. IV. Promoting education,
5. V. Promoting gender equality, empowering women.
6. VI. Contribution to the Prime Minister's National Relief Fund.
7. VII. Rural development projects;
8. VII. Enhancing Road Safety Projects directly or indirectly.

The CSR Activities identified by the CSR Committee, if any, and approved by the Board shall be implemented in a project mode through the Accounts Department which will entail charting the stages of execution through planned processes, measurable targets, mobilization and allocation of budgets and prescribed timelines. It also involves assigning of responsibility and accountability. Suitable documents/ agreements shall be entered into with the implementing agencies for the purposes of implementation of the projects. The conditions of grant of amounts for all CSR Activities and the break-up of the allocations shall be set out and evaluated from time to time.

The CSR Committee, if any, will ensure a transparent monitoring mechanism for ensuring effective implementation of the CSR Activities proposed to be undertaken by the Company. The CSR Committee, if any, will ensure that the CSR Activities are undertaken in compliance with this CSR Policy and in a project or program mode with clearly defined project deliverables, implementation schedules, processes and budgets as mentioned above. The CSR Committee, if any, will monitor the programs and projects to ensure that they are concluded in compliance with this CSR Policy and the Act and in accordance with the approved budget. The CSR Committee, if any,shall periodically also apprise the Board of Directors about the progress of CSR Project/ Program/ Activities including expenditure incurred by the 5 implementing agency(ies) till the allocated budget is fully utilised.

The CSR Committee, if any, with assistance from the Accounts Department shall prepare an annual report on CSR, in the format prescribed under the Act and the Rules and such report shall be included in the Board's report annexed to the financial statements. The report shall be signed by the Chairman of the CSR Committee, if any, the Managing Director/CEO/Director of the Company and such other person as may be prescribed.

The CSR Committee, if any, is empowered to recommend amendments or modifications to the CSR Policy and such changes shall be placed before the Board for approval. Where the CSR Policy is in variance with the requirements of the Act and/or the Rules, the provisions of the Act and/or the Rules shall prevail.

In case of any doubt with regard to any provisions of the CSR Policy and also in respect of matters not covered herein, a reference to be made to the CSR Committee, if any, or to the Chairman of the CSR Committee. In all such matters, the interpretation and decision of the Chairman of the CSR Committee shall be final.