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CORPORATE SOCIAL RESPONSIBILITY POLICY

{FRAMED UNDER SECTION 135 OF THE COMPANIES ACT, 2013 READ WITH CORPORATE SOCIAL RESPONSIBILITY (CSR) POLICY RULES, 2014}

Table of Contents

List of Abbreviations

The Act Section 135, Companies Act, 2013
The Rules Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021
The Company Moneytree Realty Services Limited
AAP Annual Action Plan
BoD Board of Directors
CSR Corporate Social Responsibility
FY Financial Year
GoI Government of India
MCA Ministry of Corporate Affairs

CONTEXT

Moneytree Realty Services Limited (referred to as the Company hereafter) was established in 2021 by Mr. Sachin Arora and Ms, Jyoti Kapoor. Moneytree Realty Services Limited offers to channelise the real estate market in India and bring in transparency between clients and developers in commercial property, best residential property and plots for sale and create brand value with our property advisor. Our vision to uplift Indian real estate industry standards along with maintaining quality of service and enhancing client experience and satisfaction.

Our sales associates believe in a client-centric approach and offer rich and satisfactory experiences to each client with their extensive knowledge of market trends and investment analysis and strive to add moral ethical standards & professionalism and create waves in the Indian real estate industry that synchronises with top client-centric service and promising real estate investment. The Company have been consciously developing Corporate Social Responsibility (CSR) initiatives that contribute to the sustainable development of society, and the environment.

POLICY STATEMENT

The CSR Policy has been formulated and approved by the Board of Directors (BoD).

Our CSR initiatives are guided by the following core commitments:

Scope and Applicability

The CSR policy is formulated in accordance with the requirement of the Section 135, Companies Act, 2013 (referred to as The Act), and Companies (Corporate Social Responsibility Policy) Amendment Rules, 2021 (referred to as The Rules hereafter).

This policy applies to:

GOVERNANCE STRUCTURE

We have established a well-defined and robust governance structure in compliance with the requirements of The Act.

Board of Directors (BoD)

CSR FOCUS AREAS

The focus areas for the Company for CSR initiatives is based on the list of activities mentioned in the Schedule VII of The Act, and the need assessment carried out by the company every year. Schedule VII activities are listed below:

CSR EXPENDITURE

We commit to spending a minimum of 2% of the average net profits for the preceding three FYs on CSR initiatives. Any capital assets created or acquired out of our CSR funds will be transferred to the entities within 180 days. Any initiatives undertaken in pursuance of the normal course of our business is not considered CSR by the Company.

Qualification for CSR expenditure:

Exclusion in the CSR expenditure:

GUIDING PRINCIPLES OF SELECTION, IMPLEMENTATION AND MONITORING OF THE CSR INITIATIVES

Moneytree Offices are located in different parts of the country. The introduction of any CSR initiatives preferably benefit the local communities in the vicinity of the cities where the offices are situated through better infrastructure and services. The Company also makes sure that the maximum benefit of the CSR initiatives goes to the marginalized and underprivileged sections of the society including migrant workers in labor-intensive industries, and school children from low-income backgrounds.

Need Assessment for all CSR initiatives is carried out by the Company. Need assessment may be based on the existing knowledge and experience of the Company, research, and reports available in the public domain, development studies conducted in the intervention areas, and discussions that may be held with the District Authorities as per requirement. Participatory research exercises, interviews with the beneficiaries, and baseline surveys may also be conducted either by the Company or an expert organization or a third party.

IMPLEMENTATION

The following guidelines/modalities will be followed while implementing the CSR initiatives of the Company:

The implementation of initiatives will be done by the following modes:

The implementation agencies may include:

Due diligence for the implementation agencies will be carried keeping the following points inconsideration:

MONITORING

Embedded in Moneytree’s commitment to responsible business is the rigorous monitoring of all the CSR initiatives, and ensuring these initiatives have a positive impact on society as a whole.

Our monitoring system will involve the following steps:

This information is collected through a variety of methods depending on the initiative, including site visits, Management Information System, reports, interviews, and case studies, on an ongoing basis. Performance and impact data will be aggregated annually, along with the budget utilization, and will be published in the Annual Report of the Company.

Amendment

The Company reserves its right to amend or modify this Policy in whole or in part, at any time without assigning any reason whatsoever.