India Shelter CSR Spending Report 2025 Highlights Major Investments in Healthcare, Education, Sustainability and Inclusive Development
NEW DELHI (India CSR): For families living in India’s Tier II and Tier III towns, a home represents far more than shelter—it symbolizes dignity, stability, and the first step toward long-term security. India Shelter Finance Corporation Limited, a leading housing finance provider focused on underserved communities, has consistently recognized that its responsibility extends beyond financial services.
In its latest Integrated Annual Report for FY 2024–25, the company revealed a strong social commitment through its Corporate Social Responsibility (CSR) initiatives. During the year, India Shelter Finance Corporation Limited spent a total of Rs 4.58 crore on CSR programmes, exceeding its statutory requirement and supporting thousands of vulnerable individuals across healthcare, education, environmental sustainability, and livelihood-building initiatives.
This approach reflects the company’s belief that inclusive growth must combine housing access with community empowerment.
Table: India Shelter Finance Corporation Limited CSR Spending FY 2024–25
| Particulars | Details |
|---|---|
| Company Name | India Shelter Finance Corporation Limited |
| Financial Year | FY 2024–25 |
| Applicable CSR Law | Section 135, Companies Act, 2013 |
| Prescribed CSR Obligation (2%) | Rs 4.54 crore (Rs 453.55 lakh) |
| Total CSR Expenditure (Actual Spend) | Rs 4.58 crore (Rs 457.83 lakh) |
| Excess CSR Spend | Rs 4.28 lakh (Rs 4,27,800) |
| Unspent CSR Amount | Nil |
| CSR Project Expenditure | Rs 4.35 crore (Rs 435.15 lakh) |
| Administrative Overheads | Rs 22.68 lakh |
| Primary CSR Focus Areas | Healthcare, education, sustainability, skill development |
| Key Healthcare Partner | Impact Guru Foundation |
| Healthcare Beneficiaries Covered | Over 30,000 individuals |
| Locations of Mobile Healthcare Units | Nagpur, Kota, Indore, Delhi-NCR |
| Leukemia Support Partner | Bansi Vidya Memorial Trust |
| Beneficiaries Supported (Leukemia Programme) | 170 girls |
| Mid-Day Meal Partner | Akshaya Patra Foundation |
| Children Benefited Through Nutrition Support | 675 schoolchildren |
| Environmental Initiative | Afforestation Drive |
| Trees Planted in FY 2024–25 | 25,000 trees (Haryana) |
| Skill Development Programme | Apprenticeship Programme |
| Apprentices Trained | 520 youth |
| Inclusion Partner | Paralympic Committee of India |
| Differently-Abled Beneficiaries Supported | 12 individuals |
| CSR Committee Chairperson | Savita Mahajan |
| CSR Committee Members | Rachna Dikshit, Sumir Chadha |
| CSR Committee Meetings (FY 2024–25) | 2 |
As mandated under Section 135 of the Companies Act, 2013, companies meeting prescribed thresholds must spend at least 2% of their average net profits from the previous three years on CSR activities.
For the financial year ending March 31, 2025:
- India Shelter’s prescribed CSR obligation was Rs 4.54 crore (Rs 453.55 lakh).
- The company’s actual CSR expenditure stood higher at Rs 4.58 crore (Rs 457.83 lakh).
This demonstrates a conscious decision to go beyond compliance and deepen its social footprint.
Break-up of CSR Expenditure
India Shelter’s CSR spending was strategically allocated across:
- Direct project expenditure: Rs 4.35 crore (Rs 435.15 lakh)
- Administrative overheads: Rs 22.68 lakh
- Excess spend: Rs 4.28 lakh, which the company plans to carry forward for future CSR set-off
Importantly, the company reported no unspent CSR balance, reflecting efficient utilisation and timely implementation.
Healthcare as a Core CSR Priority: Reaching Over 30,000 Lives
Healthcare formed one of the strongest pillars of India Shelter’s CSR work in 2025, especially in regions where access to medical services remains limited.
In partnership with the Impact Guru Foundation, the company funded mobile healthcare units operating across Nagpur, Kota, Indore, and Delhi-NCR. These units delivered doorstep medical services such as:
- General health check-ups
- Diagnostic testing
- Prenatal and maternal care
- Cataract surgeries and specialised interventions
Through this initiative alone, India Shelter’s CSR programmes benefited more than 30,000 individuals, bringing healthcare access directly to underserved communities.
Supporting Children Battling Serious Illness
Beyond community healthcare, India Shelter also extended support to children facing life-threatening diseases.
In collaboration with the Bansi Vidya Memorial Trust, the company provided assistance to young girls undergoing leukemia treatment. The programme focused on:
- Awareness generation
- Financial support for treatment
- Strengthening emotional and community backing
During FY 2024–25, this initiative directly supported 170 beneficiaries, offering hope where medical costs often become overwhelming.
Education and Mid-Day Meals: Fighting Hunger in Classrooms
India Shelter’s CSR vision recognizes that education is central to breaking cycles of poverty. But learning cannot thrive on an empty stomach.
To address classroom hunger, the company partnered with the Akshaya Patra Foundation, one of India’s largest mid-day meal providers.
Key support included:
- Procurement of a food distribution vehicle
- Supply of specialised food vessels
- Strengthening meal delivery infrastructure in Bhilwara, Rajasthan
As a result, 675 underprivileged schoolchildren received nutritious mid-day meals, improving attendance, concentration, and overall educational outcomes.
Environmental Sustainability: 25,000 Trees Planted in Haryana
Aligning CSR with its ESG priorities, India Shelter made notable investments in environmental sustainability.
A flagship green initiative during FY 2024–25 was a large-scale afforestation drive in Haryana, where the company supported the plantation of:
- 25,000 trees
This project aims to contribute to:
- Reforestation
- Biodiversity enhancement
- Creation of wildlife habitats
- Improved ecological balance
Additionally, the company introduced financing products that enable customers to install solar panels, supporting clean energy adoption while reducing household electricity expenses.
Skill Development and Youth Empowerment
India Shelter’s social investment also focuses on enabling economic independence through skill-building.
A major highlight of 2025 was the company’s Apprenticeship Programme, through which:
- 520 apprentices were trained across branches and head office functions
Participants gained:
- Hands-on professional exposure
- Mentorship from experienced managers
- Employment-oriented financial sector skills
This initiative helps create a strong pipeline of young talent while supporting livelihood development.
Inclusion and Support for Differently-Abled Athletes
In an effort to promote inclusivity, India Shelter partnered with the Paralympic Committee of India, supporting empowerment initiatives for physically challenged individuals.
During FY 2024–25:
- 12 beneficiaries were supported through this collaboration
Such initiatives reinforce the company’s commitment to equal opportunity and social inclusion beyond mainstream development programmes.
CSR Governance: Strong Oversight Through ESG & CSR Committee
India Shelter ensures transparency and accountability through a dedicated Environment, Social, Governance and CSR Committee.
As of March 31, 2025, the committee included:
- Savita Mahajan – Independent Director (Chairperson)
- Rachna Dikshit – Independent Director
- Sumir Chadha – Non-Executive Director
The committee met twice during the year:
- May 08, 2024
- February 06, 2025
These meetings focused on approving action plans, reviewing implementation, and ensuring compliance with Schedule VII of the Companies Act.
A Model of Inclusive Growth Beyond Housing Finance
India Shelter’s CSR performance reflects its broader mission rooted in inclusive development. With 72% of its Assets Under Management (AUM) dedicated to Low-Income Group (LIG) and Economically Weaker Section (EWS) borrowers, the company’s business model naturally aligns with social upliftment.
Guided by its “GOLD” principles—Grow distribution, Optimize sustainability, Leverage technology, Diversify responsibly—India Shelter continues building an ecosystem where financial services and community welfare go hand in hand.
Conclusion: CSR That Builds More Than Homes
India Shelter Finance Corporation Limited’s CSR report for 2025 is a testament to the idea that housing finance institutions can play a transformative role beyond lending.
By spending Rs 4.58 crore across healthcare, education, sustainability, and skill development, the company has extended a meaningful “ray of hope” to tens of thousands of individuals.
In India’s journey toward inclusive progress, India Shelter is proving that the foundation of development is not only built with bricks and loans—but with compassion, responsibility, and sustained community investment.
(India CSR)
