Mr. Yashwant S. Bhave
About Mr. Yashwant S. Bhave
Independent Director Yashwant S. Bhave
Mr. Yashwant S. Bhave holds the position of Independent Director. His role entails significant responsibilities at the board level, particularly concerning Corporate Social Responsibility (CSR) initiatives. As an Independent Director, Mr. Bhave offers objective oversight and ensures that CSR activities align with the company's mission and policy.
Board Level CSR Committee
Mr. Yashwant S. Bhave is an active participant in the Board Level CSR Committee. His duties within this committee involve the formulation and frequent updating of the CSR policy. This ensures that the company's strategies remain relevant and effective in addressing social responsibility and community engagement.
Formulation and Updating of CSR Policy
In his role as an Independent Director, Mr. Yashwant S. Bhave is responsible for the formulation and updating of the company's CSR Policy. This involves setting guidelines and standards that dictate how the company engages in social responsibility projects, ensuring alignment with broader corporate goals and regulatory requirements.
Approval and Monitoring of CSR Projects
Mr. Yashwant S. Bhave plays a key role in the approval of CSR projects. He ensures that all initiatives are in line with the established CSR Policy. Additionally, he monitors and tracks the progress of these programs, implementing a structured mechanism to evaluate their impact and compliance.
Recommending CSR Expenditure
Mr. Yashwant S. Bhave is also tasked with recommending CSR expenditure to the Board. This involves assessing the financial requirements of proposed CSR projects and suggesting appropriate budget allocations. His recommendations play a crucial role in ensuring that sufficient resources are devoted to impactful social responsibility initiatives.
Annual Review of CSR Policy
Mr. Yashwant S. Bhave is involved in the annual review of the CSR Policy. This process is crucial to maintaining the relevance and effectiveness of the company's social responsibility strategies. By reviewing the policy at least once a year, Mr. Bhave ensures continuous improvement and responsiveness to emerging social issues.