We work for the ACEpirations of creating better tomorrow.
At Ace’s project construction sites we run schools and creche for the unprivileged kids of labours. We have 5 construction sites at present in Delhi NCR where these underprivileged children get the opportunity of quality education by professional instructors and teachers.
Through this initiative we are trying to end the curse of illiteracy of unprivileged kids and make their future bright. Also, we try to provide a small gesture of reward to our skillful and laborious workers who are working day in day out to give our projects a better shape and quality. Our motto is not only to look at issues related to education but also to ensure that every kid is accessible to education that is meaningful and help them in future for their daily living.
We are constantly trying to improvise and maximize our effort in this direction.
The Company has constituted a Corporate Social Responsibility Committee which works under the direct supervision of the Directors of the Company. The Committee manages and overviews the CSR Projects of the Company. The CSR activities are based on CSR Policy approved by the Board of Directors of the Company which is available at the Registered Office of the Company.
"The Company has incurred following expenses relating to Corporate Social Responsibility as required under Section 135 of the Companies Act, 2013 for the financial year 2020-2021"
S. No | CSR Project or activity identified | Sector in which the project is covered |
Projects or programs (1) Local area or other (2) Specify the state and district where the projects or programs was undertaken |
Amount outlay (Budget) project or program wise |
Amount spent on projects or programs Subheads: (1) Direct exp. on projects or program (2) Overheads* |
Cumulative Expenditure upto date of reporting period | Amount spent directly or through implementing agency |
---|---|---|---|---|---|---|---|
1. | Education | Promoting education | Uttar Pradesh | 8,00,000 and INR 2,20,000 of previous year | 10,00,000 | 10,00,000 | Through Ace Charitable Foundation |
2. | Promoting Health Care | Health Care | Uttar Pradesh | 20,35,000 | 20,35,750 | 30,30,750 | Directly & Indirectly through Ace Charitable Foundation |
Total | 30,55,000 | 30,30,750 |