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Ceat : Irregularities In CSR Fund Expenditure!

सेवा के नाम पर करोड़ो की लूट

MUMBAI: Ceat Ltd is claiming the social expense from CSR  fund but not providing the beneficiaries of their projects . The CSR Management Committee . The Complainant has registered complaint with  CSR Department of Ministry of corporate affairs but they never acted. Later Complaint has been filed at Economic Offence wing Of Mumbai Police.
Corporate Social Responsibility
The Board of Directors has formed a committee on Corporate
Social Responsibility (CSR) in accordance with the provisions of
the Companies Act, 2013. The Committee consists of following members:
Mr. Anant Vardhan Goenka (Managing Director)
Mr. Hari L. Mundra (Non-Executive Non-Independent Director) and

Mr. Vinay Bansal (Non-Executive Independent Director)

Page 27 FY 2017-2018 Annual Report With Scheme Names
Road Smarrt - The Company conducted sessions in 312 schools in more than 15 cities, covering over 1.27 lac children. The Company also provided defensive driving courses to 1,000 drivers to enable them to identify safety hazards on roads.1000 Drivers Defensive Training,
 Swayam - 645 (four Wheellers)and 303 Two wheeler training to women.
Netranjali -  1,45,744 people through 1,540 eye camps and 249 days of vision centre. CEAT distributed over 74,498 spectacles and made 10,768 referrals for severe cases.
Saksham : 170 less-privileged women and youth were trained in two-wheeler repairing, mobile repairing, motor rewinding and beauty advisor sectors. Under the programme  50 women were trained to prepare nutritious snacks to be provided to  1,200 children in Halol.
Sanjivini  - The project trained 250 less-privileged women and youth in Bed Side Assistant/Patient.
Jeevan - Through the project, 50 sessions on adolescent health were conducted covering 500 children. 1,200 children in schools were provided highly nutritious snacks before the mid-day meal as a proactive effort to reduce malnourishment in the Panchmahal district in Gujarat.
Pehlay Akshar - During the year, the initiative reached out to 3,000 students across 20 schools in Mumbai, Halol and Nashik. During the year under review, 989 teachers were trained impacting over 60,000 students acrossall locations throughout the year. The programme also conducted weekly follow- ups for all the teachers post training.

Actual CSR
Prescribed CSR
3.23 Cr
4.02 Cr
7.70 Cr
6.95 Cr
10.11 Cr
10.06 Cr
9.42 Cr
10.71 Cr


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