Corporate Social Responsibility Policy

OnEMI Technology Solutions Limited

Approved by the Board on March 20, 2025

1. Title and Applicability

OnEMI Technology Solutions Limited is a company incorporated under the provisions of the Companies Act, 2013, with Corporate Identification Number (CIN) U72900MH2016PTC282573. The company has its registered office at 10th Floor, Tower 4, Equinox Park, LBS Marg, Kurla West Mumbai 400070 Maharashtra India.

Company Business Activities

The Company is engaged in the following business activities:

Providing financial technology solutions to enable use of instant EMI / instalment solutions to consumers
Providing the technology platform to enable the above
Providing customer acquisition services and loan origination services to financiers/lending partners

Policy Framework

The Company has articulated this Corporate Social Responsibility Policy ("CSR Policy" or "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
Schedule VII to the Companies Act 2013
The Companies (Corporate Social Responsibility Policy) Rules, 2014
Subsequent amendments released by the Ministry of Corporate Affairs

Applicability

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.

2. 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.

3. Approval of CSR Policy

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

4. CSR Focus Areas

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

(i) Health, Nutrition and Sanitation

Eradicating hunger, poverty and malnutrition
Promoting health care including preventive health care and sanitation
Contribution to the Swach Bharat Kosh set-up by the Central Government for the promotion of sanitation
Making available safe drinking water

(ii) Education and Livelihood

Promoting education, including special education
Employment enhancing vocation skills especially among children, women, elderly and the differently abled
Livelihood enhancement projects

(iii) Gender Equality and Social Welfare

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
Measures for reducing inequalities faced by socially and economically backward groups

(iv) Environmental Sustainability

Ensuring environmental sustainability and ecological balance
Protection of flora and fauna
Animal welfare
Agroforestry
Conservation of natural resources
Maintaining quality of soil, air and water
Contribution to the Clean Ganga Fund set-up by the Central Government for rejuvenation of river Ganga

(v) Heritage and Culture

Protection of national heritage, art and culture
Restoration of buildings and sites of historical importance and works of art
Setting up public libraries
Promotion and development of traditional art and handicrafts

(vi) Armed Forces Support

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

(vii) Sports Development

Training to promote rural sports
Nationally recognised sports
Paralympic sports
Olympic sports

(viii) Government Relief Funds

Contribution to the Prime Minister's National Relief Fund
Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund)
Any other fund set up by the central government for socio economic development and relief and welfare of the schedule caste, tribes, other backward classes, minorities and women

(ix) Research and Development

(a) Science, Technology, Engineering and Medicine

Contribution to incubators or research and development projects in the field of science, technology, engineering and medicine, funded by:

Central Government
State Government
Public Sector Undertaking
Any agency of the Central Government or State Government

(b) Educational and Research Institutions

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
Other bodies:
- Defense Research and Development Organisation (DRDO)
- Indian Council of Agricultural Research (ICAR)
- Indian Council of Medical Research (ICMR)
- Council of Scientific and Industrial Research (CSIR)

These contributions are for research in science, technology, engineering and medicine aimed at promoting Sustainable Development Goals (SDGs).

(x) Rural Development

Rural development projects

(xi) Slum Development

Slum area development

(xii) Disaster Management

Disaster management
Relief, rehabilitation and reconstruction activities

Decision Authority

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 of the Act and its decision shall be final.

Geographic Preference

The Company shall give preference to the local areas and areas around it where it operates, for spending the amount earmarked for CSR activities.

5. Governance Structure

5.1 Board of Directors

The Board is the governing body that will:

Articulate the scope of CSR Activities for the Company on recommendation from the Corporate Social Responsibility Committee ("CSR Committee")
Ensure compliance with the CSR Policy

5.2 CSR Committee Responsibilities

The CSR Committee shall recommend to the Board the following:

(a) Budget Formulation

Formulate budget for spending the CSR expenditure during a financial year

(b) Policy Development

Formulate the CSR Policy and make any amendments thereto

(c) Activity Selection

Indicate the CSR Activities to be undertaken by the Company as specified in the Act

(d) Annual Planning

Review the annual CSR action plan

(e) Monitoring

Monitor the CSR Activities and compliance with the CSR Policy from time to time

(f) Other Matters

Review and implement, if required, any other matter related to CSR initiatives

6. Operating Framework

6.1 Area Identification

CSR Activities will be undertaken in areas identified by the CSR Committee.

6.2 Implementation Method

CSR Activities shall be undertaken by the Company directly or through any implementing agencies as defined under the Act.

6.3 Implementation Responsibility

The CSR Committee shall be responsible for implementation of the identified CSR Activities/projects.

6.4 Annual Plan Components

The annual plan shall incorporate the following:

(a) Project List

The list of CSR projects or programmes that are approved to be undertaken in areas or subjects specified in Schedule VII of the Act

(b) Execution Method

The manner of execution of such projects or programmes as specified in sub-rule (1) of rule 4

(c) Fund Utilization

The modalities of utilisation of funds and implementation schedules for the projects or programmes

(d) Monitoring Mechanism

Monitoring and reporting mechanism for the projects or programmes

(e) Impact Assessment

Details of need and impact assessment, if any, for the projects undertaken by the company

7. Monitoring and Reporting

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

(a) Periodic Review

The CSR Committee shall review the progress of CSR Activities periodically, including the annual review and report the same to the Board.

(b) Annual Reporting

The CSR Activity/(ies) along with requisite information on the expenditure, etc. shall be reported every year in the annual report of the Company.

(c) Regulatory Filing

Form CSR – 2 shall be filed by the Company as per Rule 1B of Companies (Accounts) Rules, 2014.

8. Review of the Policy

The Board shall review this Policy on a need-basis i.e., in the event of change in regulatory framework or for business or operational needs.

Such updates / changes to the Policy will be communicated to the relevant staff/personnel (both in-house or outsourced) and relevant stakeholders across the Company.

Any deviations from this Policy can only be undertaken with the approval of the Board, unless specified otherwise in this Policy.

Policy Approval

For OnEMI Technology Solutions Limited

Krishnan Vishwanathan
Director

Approved by the Board of Directors at its meeting dated March 20, 2025.

Contact Information

Email: [email protected]

Phone:

080 44745884
080 62816309

Registered Office Address:
10th Floor, Tower 4, Equinox Park, LBS Marg, Kurla West
Mumbai, Maharashtra 400070
India

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