Last updated on: 04 March 2024
  • Title and Applicability

    Si Creva Capital Services Private Limited (“Si Creva” or “Company”) has articulated this Corporate Social Responsibility Policy (“CSR Policy/Policy”) in alignment with its objective, principles and values, delineating its responsibility as a socially and environmentally responsible corporate citizen. The Policy lays down the principles and mechanisms for undertaking various programs in accordance with the requirements provided under Section 135 of The Companies Act 2013, read with Schedule VII thereto and The Companies (Corporate Social Responsibility Policy) Rules, 2014 (together referred as “Act”) and in line with the subsequent amendments released thereto by the Ministry of Corporate Affairs. The Policy shall apply to all the CSR projects, programs and activities undertaken by the Company at various locations in India for the benefit of diverse sections of the society.

  • Objective and Philosophy

    The objective of the policy is to actively contribute to the social, environmental and economic development of the society in which the Company operates.

  • Approval of CSR Policy

    The Board have approved this, Policy. The Board may amend the Policy as may be required from time to time. Provisions of this Policy are subject to the applicable provisions of the Act and any subsequent amendments made thereto from time to time.

  • CSR Focus Areas

    The Board may take up projects, programs or activities (“CSR activities”) as envisaged in Schedule VII of the Act (as may be amended from time to time), as it may deem expedient from time to time, which may include but not be limited to the following areas:

    • Eradicating hunger, poverty and malnutrition, promoting health care including preventive health care and sanitation including contribution to the Swach Bharat Kosh set-up by the Central Government for the promotion of sanitation and making available safe drinking water.
    • promoting education, including special education and employment enhancing vocation skills especially among children, women, elderly and the differently abled and livelihood enhancement projects.
    • promoting gender equality, empowering women, setting up homes and hostels for women and orphans; setting up old age homes, day care centres and such other facilities for senior citizens and measures for reducing inequalities faced by socially and economically backward groups.
    • ensuring environmental sustainability, ecological balance, protection of flora and fauna, animal welfare, agroforestry, conservation of natural resources and maintaining quality of soil, air and water including contribution to the Clean Ganga Fund set-up by the Central Government for rejuvenation of river Ganga.
    • protection of national heritage, art and culture including restoration of buildings and sites of historical importance and works of art; setting up public libraries; promotion and development of traditional art and handicrafts;
    • measures for the benefit of armed forces veterans, war widows and their dependents, Central Armed Police Forces (CAPF) and Central Para Military Forces (CPMF) veterans, and their dependents including widows;
    • training to promote rural sports, nationally recognised sports, paralympic sports and olympic sports
    • contribution to the prime minister’s national relief fund or Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund)] or any other fund set up by the central govt. for socio economic development and relief and welfare of the schedule caste, tribes,other backward classes, minorities and women;
    • (a)Contribution to incubators or research and development projects in the field of science, technology, engineering and medicine, funded by the Central Government or State Government or Public Sector Undertaking or any agency of the Central Government or State Government; and
    • (b) Contributions to public funded Universities; Indian Institute of Technology (IITs); National Laboratories and autonomous bodies established under Department of Atomic Energy (DAE); Department of Biotechnology (DBT); Department of Science and Technology (DST); Department of Pharmaceuticals; Ministry of Ayurveda, Yoga and Naturopathy, Unani, Siddha and Homoeopathy (AYUSH); Ministry of Electronics and Information Technology and other bodies, namely Defense Research and Development Organisation (DRDO); Indian Council of Agricultural Research (ICAR); Indian Council of Medical Research (ICMR) and Council of Scientific and Industrial Research (CSIR), engaged in conducting research in science, technology, engineering and medicine aimed at promoting Sustainable Development Goals (SDGs).
    • rural development projects
    • slum area development.

    • disaster management, including relief, rehabilitation and reconstruction activities.

    In case of any ambiguity as regards categorization of an activity as CSR, Board shall have the discretion to take a call on whether any activity falls within the entries above and in Schedule VII and its decision shall be final. Company shall give preference to the local areas and areas around it where it operates, for spending the amount earmarked for CSR activities.

  • Governance Structure.
    • The Board is the governing body that will articulate the scope of CSR Activities for theCompany and ensure compliance with the CSR Policy.

    • The Board shall:

      1. Formulate budget for spending the CSR expenditure during a financial year;
      2. Formulate the CSR Policy and make any amendments thereto;
      3. Indicate the CSR Activities to be undertaken by the Company as specified in the Act;
      4. Review the annual CSR plan;
      5. Monitor the CSR Activities and compliance with the CSR Policy from time to time; and
      6. Review and implement, if required, any other matter related to CSR initiatives.
    • The Board may meet at least once in every financial year.
  • Operating Framework
    1. CSR Activities will be undertaken in areas identified by the Board.
    2. CSR Activities shall be undertaken by the Company directly.
    3. The responsibility for implementation of identified CSR Activities/ projects shall be as per theorganizational structure approved by the Board.

    4. The annual plan shall incorporate the following:

      1. The prescribed outlay on CSR as per the Act and related rules as amended from time to time;
      2. Key CSR Activity/(ies) proposed to be undertaken during the year, including analysis of their eligibility for classification as CSR under the Act, their conformity with the CSR Policy and their implementation schedules;
      3. Proposed outlay on each CSR Activity;
      4. Aggregate proposed outlay and reasons for shortfall, if any, compared to the prescribed outlay.
      5. Funds would be disbursed either in tranches or as one-time payment. The terms, conditions and timing of disbursement would be conditional upon the nature and requirement of the CSR project or programme.
      6. Surplus arising out of CSR projects shall not form part of the business profit of the Company.
  • Monitoring.

    The Board shall ensure a transparent monitoring mechanism for CSR Activities.

    1. The Board shall review the progress of CSR Activities periodically, including the annual review.
    2. The CSR Activity/(ies) along with requisite information on the expenditure, etc. shallbe reported every year in the annual report of the Company.
For Si Creva Capital Services Private Limited

At Si Creva, we care deeply about the safety and well-being of our customers. Our collection processes follow RBI guidelines and reflect our values of empathy and courtesy.

These are our 7 rules of Customer Care:

1. We do not contact customers via any private or personal 10-digit mobile number on WhatsApp or SMS.

2. We do not contact customers for payment collection reminders from personal mobile numbers, foreign numbers or Internet Based VOIP calls. Our team always calls you from registered landline numbers.

3. We never ask customers to make payments into personal or private bank accounts. Payments are only collected on our website or the app.

4. All our calls are monitored and recorded. Our agents never use threats or abusive language.

5. We never ask for commission or cutbacks on payments of dues.

6. Our App does not seek permission to access your Contacts List or any other private data.

7. We never call your friends or relatives for repayment of your loan as we do not store your personal information.

In case you have faced any of the above-mentioned situations, do this:

1. Report and Block the number. It could be fraudulent.

2. Write to care@kissht.com / care@paywithring.com OR call our customer care number on 02241434302 / 02068135496.

3. Share with us a screenshot or recording of the message or call.

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