Company: Ruchi Soya Industries Ltd
Income 2005-2006 = Rs 4000 Cr (rounded off)
Net profit after tax (05-06) = Rs 45 Cr (rounded off)
Karmayog CSR Rating- 2/5
CSR activities:
There are so many issues to take up to support and take initiatives on, but to see that it is impactful is more important. Therefore we have selected three broad spectrums to encompass the work.
Women Empowerment
Building Health
Universalizing Education
Shri Mahadeo Shahra Sukrat Trust is a Public Charitable Trust duly registered by Registrar of Public Charitable Trust, Indore, and was formed in 1976 specially to initiate the Corporate Social Responsibility.The Trust initially undertook the relief work for the underprivileged in the areas of Medical needs Education and other charity work at Village Manglia, A.B. Road, Indore, where the companies largest and first production plant is situated. The Trust runs a hospital throughout the year for the underprivileged and needy and provides free medical treatment, and free medicines. The hospital is upgraded every year with new and improved medical treatment and the facilities are extended by a team of Doctors specialized in various fields of medicine.The Trust also organizes a one day Medical Camp on the 25th of November which is the Punya Tithi of Late Smt Kausalya Devi Shahra .The one day camp is conducted by a team of specialists and the medicines are distributed free of cost.
When Ruchi Soya Industries Limited, the flagship company of the group, decided to put up its Edible Oil refinery plant at Patalganga in 2003, it also decided to take on the Corporate Social Responsibility since the day the construction began at site, as the Plant is situated in the remote and rural area of the Raigad District and has a large tribal population. The other main reason was that there were no NGOs or other Corporate doing any Village development work. The social initiatives were necessary at Esambe, Esambewadi, Lohap and Dandwadi which are adjacent and to the left and right of the factory. In this project, we decided to move to purely developmental activities rather than just provide for them. We really wanted to help people help themselves and be able to really make a difference in people’s lives to the extent that they could be able to survive even in our absence.
Over the years, the trust has partnered with a number of NGOs and institutions. The main ones are: Aararmbh, an NGO specializing in providing rehabilitation to street children. The trust provides the basics to them such as pulses, grains and oil for consumption. Astha, an old age home; the trust contributes in the form of providing books and reading materials, food and has helped built recreational facilities for the home.
The social initiative programs will be carried out in a sustainable manner through village participation. In the coming years we will hold gram sabhas to identify the problems and work out the developmental activities. It is our policy to work with reputed NGOs and who are like minded and we will invite them to partner with us.
Amount spent on CSR : No information regarding the amount spent on CSR was available on the homepage .
Contact details : Ruchi Soya Industries Ltd
Ruchi Soya Industries Ltd.,
301 Mahakosh House,
7/5 South Tukoganj, Nath Mandir Road,
Indore, (M.P) – 452001
Phone – (0731) 2513281-82-83
Fax – (0731) 4065019 / 2527250
Web address : http://www.ruchigroup.com/ruchisoya/