The Board of the Company may decide to undertake CSR activities as recommended and approved by the Committee, thorough a registered trust or a registered society or a company established by the Company or its holding or subsidiary or associate company under section 8, of the Companies Act 2013, or otherwise.
+ Provided that:
1. If such trust, society or company is not established by the Company or its holding or subsidiary or associate company, it shall have an established track record of 3 (three) years in undertaking similar projects;
2. The Company has specified the projects or programs to be undertaken through these entities, the modalities of utilization of funds or such projects and programs and the monitoring and reporting mechanism.