VVF LIMITED (VVF) retains copyright on all the text, graphics and trademarks displayed on this website. All the text, graphics and trademarks displayed on this website are owned by VVF. The information, software, products, and services included in or available through this website may include inaccuracies or typographical errors. Changes are periodically added to the information herein. VVF and / or its subsidiaries / affiliates may make improvements and / or changes to the website at any time. Though all efforts have been made to keep the content on this portal accurate and up-to-date the same should not be relied upon for personal, medical, legal or financial decisions and you should consult an appropriate professional for specific advice tailored to your situation.
The information on this website has been included in good faith and is for general purposes only. It should not be relied upon for any specific purpose and no representation or warranty is given regarding its accuracy or completeness. VVF and / or its subsidiaries / affiliates make no representations about the suitability, reliability, availability, timeliness, and accuracy of the information, software, products, services and related graphics contained on the website for any purpose.
To the maximum extent permitted by applicable law, all such information, software, products, services and related graphics are provided "as is" without warranty or condition of any kind. VVF and / or its subsidiary / affiliates hereby disclaim all warranties and conditions with regard to this information, software, products, services and related graphics, including all implied warranties or conditions of merchantability, fitness for a particular purpose, title and non-infringement.
No reproduction of any part of the website may be sold or distributed for commercial gain, nor shall it be modified or incorporated in any other work, publication or website, whether in hard copy or electronic format, including postings to any other website. You may not distribute text or graphics to others without the express written consent of VVF or its subsidiaries / affiliates. Also, you may not, without our permission, copy and distribute this information on any other server, or modify or reuse text or graphics on this or any another system.
To the maximum extent permitted by applicable law, in no event shall VVF and / or its subsidiaries / affiliates be liable for any direct, indirect, punitive, incidental, special, consequential damages or any damages whatsoever including but without limitation to damages for loss of use, data or profits, arising out of or in any way connected with the use or performance of the website, with the delay or inability to use the website or related services, the provision of or failure to provide services, or for any information, software, products, services and related graphics obtained through the website, or otherwise arising out of the use of the website, whether based on contract, tort, negligence, strict liability or otherwise.No information on this website shall constitute as an advertisement or an invitation to the public by VVF or its subsidiaries / affiliates. Neither VVF, nor its subsidiaries / affiliates’ officers, employees or agents shall be liable for any loss, damage or expense arising out of any access to or use of this website or any website linked to it, including but without limitation to any loss of profit; indirect, incidental or consequential loss.
All trademarks displayed on this site are either owned or used under license by the VVF Group Companies.
The VVF Group retains copyright on all the text, graphics, and trademarks displayed on this website.
No reproduction of any part of this website may be sold or distributed for commercial gain, nor shall it be modified or incorporated in any other work, publication or website, whether in hard copy or electronic format, including postings to any other website. You may not distribute text or graphics to others without the express written consent of VVF or its subsidiaries/affiliates. Also, you may not, without our written permission, copy and distribute this information on any other server, or modify or reuse text or graphics on this or any other system.
No other licenses or rights are granted.
The Information on this website has been included in good faith and is for general purposes only. It should not be relied upon for any specific purpose and no representation or warranty is given regarding its accuracy or completeness. VVF and/ or its subsidiaries/affiliates make no representation about the suitability, reliability, availability, timeliness and accuracy of the information, software, products, services, and related graphics contained on the website for any purpose.
The Information, software, products and services, included in or available through this website may include inaccuracies or typographical errors. Changes are periodically added to the information herein. VVF and/or its subsidiaries/affiliates may make improvements and/or changes to this website at any time. Though all efforts have been made to keep the content on this portal accurate and up to date the same should not be relied upon for personal, medical, legal or financial decisions and you should consult an appropriate professional foe specific advice tailored to your situation.
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Forward looking Statement
This website contains forward looking statements about VVF Group’s financial and operating performance, business plans and prospects, in –line-products and products development that involve substantial risks and uncertainties. Actual results could differ materially from the expectations and projections set forth in those statements. Such risks and uncertainties include, among other things, the uncertainties inherent in research and development; decisions by regulatory authorities as well as their decisions regarding labelling and other matters that could affect the availability or commercial potential of VVF group products; competitive developments; the ability to successful market both new and existing products; government laws and regulations affecting business; general economic conditions, such as interest rate and foreign currency exchange rate fluctuations. VVF Group assumes no obligation to update any forward-looking statements as a result of new information or future events or developments.
Void where prohibited
The website and its contents are intended to comply with the laws and regulations of India, although the information on this website is accessible to users outside of India. This site links to other sites produces by VVF Group’s various operating divisions and subsidiaries, some of which are outside the India. Those sites may have information that is appropriate only to that particular originating country. VVF Group reserves the right to limit provision of its products or services to any region or jurisdiction and/or limit the quantities or any product or services we provide. Any offer for any product or service made on this website is void where prohibited.
This agreement as well as your use of the website shall be governed by the laws of the India. Any legal action or proceeding related to this website shall be brought exclusively in India or state court of competent jurisdiction.
If any provision of this agreement is held to be unlawful, void or unenforceable, then such provision shall be severable without affecting the enforceability of all remaining provisions. VVF group reserves the right to alter or delete materials from this website at any time at its discretion.
This site is owned by VVF (India) Limited.
Children for Change isa registered trademark of VVF Limited. VVF respects your privacy and recognizes the need to protect the personally identifiable information (any information by which you can be identified, such as name, address, and telephone number) you share with us. We would like to assure you that we follow appropriate standards when it comes to protecting your privacy on our web sites.
In general, you can visit VVF and bringbackgentle.com website without telling us who you are or revealing any personal information about yourself. We track the Internet address of the domains from which people visit us and analyze this data for trends and statistics, but the individual user remains anonymous in such a case.
Please note that when you purchase a product online, you exit the VVF Site and enter the site of merchants/agents and they have independent privacy policies that govern their use of Personal Data, which is collected during your purchase.
We have no intention of collecting any personally identifiable information (that is, name, address, telephone number, or email address) from individuals under eighteen years of age. Where appropriate, we will specifically instruct children not to submit such information on our sites or advertisements. If a child has provided us with personally identifiable information, a parent or guardian of that child should contact us at the email address or phone number listed at the bottom of this Statement if they would like this information deleted from our records. We will use reasonable efforts to delete the child’s information from our existing files.
Information You Provide
Some areas of this site may ask you to submit personally identifiable information in order for you to benefit from the specified features (such as blog, newsletter subscriptions, tips/pointers, order processing or resume submission) or to participate in a particular activity (such as sweepstakes or other promotions). You will be informed what information is required and what information is optional.
Non-Personally Identifiable Information Collected Automatically
In some cases, we may collect information about you that is not personally identifiable. Examples of this type of information include the type of Internet Browser you are using, the type of computer operating system you are using, and the domain name of the site from which you linked to our site or advertisement.
Information We May Place Automatically On Your Computer”s Hard Drive
When you view one of our sites or advertisements, we may store some information on your computer. This information will be in the form of a “Cookie” or similar file and will help us in many ways. For example, Cookies allow us to tailor a site or advertisement to better match your interests and preferences. With most Internet Browsers, you can erase Cookies from your computer hard drive, block all Cookies, or receive a warning before a Cookie is stored. Please refer to your Browser instructions or help screen to learn more about these functions.
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Except as otherwise stated, we may use information collected via this site to improve the content of our site, to customize the site to your preferences, to communicate information to you (if you have requested it), for our marketing and research purposes, and for any other purpose specified. In addition, we may make full use of all information acquired through this site that is not in personally identifiable form.
Access, Correction, and Deletion
To keep personally identifiable information that you provide via this site accurate, current, and complete, please contact us as specified below and we will take appropriate steps to update or correct such information in our possession, or to delete your information from our contact list.
This site takes reasonable steps to protect personally identifiable information as you transmit it to our site and to protect such information from loss, misuse, and unauthorized access, disclosure, alteration, or destruction. You should keep in mind that no Internet transmission is ever completely secure or error-free. In particular, e-mail sent to or from this site may not be secure.
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VVF CSR Policy
India is one of the largest growing economies in the world. However, it continues to be deluged with various problems and challenges of poverty, health hazards, environmental degradation, illiteracy, poor educational standards, inadequate infrastructure, power crisis gender bias and the largest number of undernourished children as well as uneven distribution of wealth which many believe, is the root cause of social unrest.
The concept and need for Corporate Social Responsibility (CSR) has gained prominence from all avenues. The Government as well as regulators has framed various guidelines pertaining to responsibilities of business as well as the mandatory Corporate Social Responsibility provisions under the Companies Act, 2013.
It is recognized that integrating social, environmental and ethical responsibilities into the governance of businesses ensures their long term success, competitiveness and sustainability. This approach also reaffirms the view that businesses are an integral part of society, and have a critical and active role to play in the sustenance and improvement of healthy ecosystems, in fostering social inclusiveness and equity, and in upholding the essentials of ethical practices and good governance.
VVF through its CSR initiatives will continue to enhance value and promote social sustainability, sustainable development of the environment and social welfare of the people and society at large, more specifically for the deprived and underprivileged persons.
Short Title & Applicability
This policy, which encompasses VVF’s philosophy for delineating its responsibility as a corporate citizen and lays down the guidelines and mechanism for undertaking socially useful programs for welfare & sustainable development of the community at large, is termed as the “VVF CSR Policy”.
This policy shall apply to all CSR initiatives and activities taken up at the various work-centers and locations of VVF Group of Companies.
The main objective of the Policy is to establish and lay down the basic principles and the general framework of action for VVF to undertake and fulfill its corporate social responsibility.
CSR Committee shall consist of three or more Directors amongst which one shall be an Independent Director. The Committee shall hold meetings as and when required, to discuss various issues on implementation of the CSR Policy.
The role of CSR Committee is to:
Formulate and recommend to the Board, a Corporate Social Responsibility Policy which shall indicate the activities to be undertaken by VVF as specified in Schedule VII of the Companies Act 2013 (the Act);
Recommend the amount of expenditure to be incurred on the activities referred to in clause (a) in a financial year;
Monitor the Corporate Social Responsibility Policy of VVF from time to time.
Any other matter as may be considered expedient in furtherance of and to comply with the CSR Policy of VVF.
VVF shall undertake any one or more of the following activities as CSR activities as mentioned under Schedule VII of the Companies Act, 2013:
eradicating hunger, poverty and malnutrition, promoting preventive health care and sanitation and making available safe drinking water;
promoting education, including special education and employment enhancing vocation skills especially among children, women, elderly, and the differently abled and livelihood enhancement projects;
promoting gender equality, empowering women, setting up homes and hostels for women and orphans; setting up old age homes, day care centers and such other facilities for senior citizens and measures for reducing inequalities faced by socially and economically backward groups;
ensuring environmental sustainability, ecological balance, protection of flora and fauna, animal welfare, agroforestry, conservation of natural resources and maintaining quality of soil, air and water;
protection of national heritage, alt and culture including restoration of buildings and sites of historical importance and works of art; setting up public libraries; promotion and development of traditional ans and handicrafts:
measures for the benefit of armed forces veterans, war widows and their dependents;
training to promote rural sports, nationally recognised sports, paralympic sports and Olympic sports;
contribution to the Prime Minister's National Relief Fund or any other fund set up by the Central Government for socio-economic development and relief and welfare of the Scheduled Castes, the Scheduled Tribes, other backward classes, minorities and women;
contributions or funds provided to technology incubators located within academic institutions which are approved by the Central Government
rural development projects
The activities undertaken in pursuance of the CSR policy must be relatable to Schedule VII of the Companies Act 2013 which must be interpreted liberally so as to capture the essence of the subjects enumerated in the said Schedule.
Preference to be given to local area and areas around VVF’s offices and factories for spending the amount earmarked for CSR.
The policy details shall be disclosed in the report of Board of Directors and also publish the on VVF website as per the Companies (Corporate Social Responsibility Policy) Rules, 2014 of the Companies Act, 2013.
The Board of Directors shall ensure that VVF spends at least 2% of the average net profits of the 3 immediately preceding financial years in pursuance of its CSR Policy.
VVF shall fix an annual budget and allocate 2% of its average net profits made during the 3 immediately preceding financial years as its CSR expenditure. The CSR expenditure shall be utilized on activities laid down as under mentioned.
CSR projects or programs or activities undertaken in India only shall amount to CSR Expenditure.
Any unspent/unutilized CSR allocation of a particular year, will be carried forward to the following year, that is, the CSR expenditure will be non-lapsable in nature.
CSR expenditure shall be considered only on those activities as described in CSR policy which are approved by the Central Government and Board of Directors of VVF
The CSR activities shall excluding activities undertaken in pursuance of its normal course of business or expenses incurred by the Company for fulfillment of any Act/Statute.
CSR activities undertaken by the Company in project/program mode shall exclude one-off events such as marathon/awards/charitable contribution/advertisement/ sponsorships of TV programs etc.
Any Contribution of any amount directly or indirectly to any political party under Section 182 of the Companies Act, 2013 shall not be considered as CSR activity.
The CSR projects or programs or activities that benefit only the employees of VVF and their families shall not be considered as CSR activities in accordance with section 135 of the Companies Act, 2013.
Any surplus arising out of the CSR projects or programs or activities shall not form part of the business profit.
CSR programs will be undertaken by various work centers/locations of VVF to the best possible extent within the defined ambit of the identified Project/ Program. The time period/duration over which a particular programme will be spread, will depend on its nature, extent of coverage and the intended impact of the programs. By and large, it may be ensured that the CSR programs shall be executed in and around the areas adjoining Company’s workplace and factories/ Project sites/ work centers.
Powers for Approval
CSR programs as may be identified by each work center/corporate office will be required to be put up to the CSR Committee of the Board at the beginning of each financial year.
Monitoring and Feedback
To ensure effective implementation of the CSR programs undertaken at each work center, a monitoring mechanism will be put in place by the work center head. The progress of CSR programs under implementation at work center will be reported to CSR committee quarterly basis.
The CSR Committee will conduct impact studies on a periodic basis.
Work centers and locations will also try to obtain feedback from beneficiaries about the programs. Appropriate documentation of the CSR Policy, annual CSR activities, executing partners, and expenditure entailed will be undertaken on a regular basis.
CSR initiatives of VVF shall be reported in the Annual Report & the Board of Director’s Report in compliance with the law.
In case of any doubt with regard to any provision of the policy and also in respect of matters not covered herein, a reference to be made to CSR Committee. In all such matters, the interpretation & decision of the Committee shall be final.
Any or all provisions of the CSR Policy would be subject to revision/amendment in accordance with the guidelines on the subject as may be issued from Government, from time to time.
VVF reserves the right to modify, add, or amend any of these Policy Rules/Guidelines.