The President of India on August 29, 2013 provided assent to the Companies Act, 2013 (the “Act”).
Section 135 of the Act which stipulates the provisions relating to Corporate Social Responsibilities for companies was notified on February 27, 2014 and became effective April 1, 2014 “CSR Provisions”). Corona Remedies Private Limited (“Corona” or “the Company”) falls within the scope of the aforesaid CSR Provisions.
At Corona, we are committed to quality, availability and affordability of medicines, we have gone beyond just growth and turned into a force to reckon within an extremely short span of time. Corona was established by a group of committed and experienced professionals who came together with “care” and “quality” as their guiding principles. Their vision was to go beyond the norm and provide the best quality affordable healthcare for all.
Through CSR, we work continuously towards health education, reaching out to the public at large through various channels. These initiatives are part of our continued focus and unflinching dedication to reaching out to the millions of unaware and unsuspecting patients.
Our vision at Corona is to achieve good health for every individual, society and the nation as a whole by becoming one of the top pharmaceutical companies in the world. The Company intends to make a positive difference to society and contribute its share towards the social cause of betterment of society and area in which company operates. This entails transcending business interests and working towards making a meaningful difference to the society.
In this regard, the Company has made this policy which encompasses the Company’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 and titles as the “Corporate Social Responsibility (CSR) Policy” which is based as per the Companies Act, 2013 and rules made there under.
The Company shall carry its normal business in a manner that is beneficial to society & environment also in addition to propagation of business.
For Corona, Corporate Social Responsibility (CSR) means responsible business practices through the involvement of all stakeholders in the decision making process and in operations. It entails having business policies that are ethical, equitable, environmentally conscious, gender sensitive, and sensitive towards the differently abled. In the process, Corona commits itself to creating a more equitable and inclusive society by supporting processes that lead to sustainable transformation and social integration.