The logistics and energy infrastructure company spent Rs 3.89 crore and transferred Rs 5.02 crore for ongoing projects in FY 2025-26.
NEW DELHI (India CSR): Aegis Logistics Limited, a logistics and energy infrastructure company engaged in handling and distributing liquid products, gases and LPG, allocated Rs 8 crore 91 lakh 84 thousand towards Corporate Social Responsibility (CSR) activities in FY 2025-26, including rural infrastructure, education, livelihood development and hunger reduction projects in Maharashtra and Gujarat, according to information presented in the company’s CSR disclosures.
Of the total CSR obligation, the company spent Rs 3 crore 89 lakh 64 thousand during the financial year. A further Rs 5 crore 2 lakh 20 thousand was transferred to an Unspent CSR Account for ongoing projects requiring implementation over more than one financial year.
The two amounts together account for the company’s entire adjusted CSR obligation for the year.
The disclosures indicate that rural development received the largest share of direct CSR expenditure. Major allocations included road and infrastructure projects in Gujarat’s Kutch district and Maharashtra’s Raigad district near the Jawaharlal Nehru Port Authority area.
The company also reported smaller contributions for student accommodation, education, livelihood enhancement, hunger reduction, arts and culture, and community welfare programmes.
CSR Obligation
Aegis Logistics reported an average net profit of Rs 464 crore 1 lakh 2 thousand for the three financial years preceding FY 2025-26.
Under Section 135 of the Companies Act, 2013, companies meeting prescribed financial thresholds are required to spend at least 2% of their average net profit from the preceding three financial years on eligible CSR activities.
Based on this calculation, Aegis Logistics had a gross CSR obligation of Rs 9 crore 28 lakh 2 thousand for FY 2025-26.
The company adjusted Rs 36 lakh 18 thousand against excess CSR expenditure carried forward from the previous financial year. After applying this set-off, its net CSR obligation for FY 2025-26 stood at Rs 8 crore 91 lakh 84 thousand.
The adjusted obligation was accounted for through direct expenditure and the transfer made for ongoing projects.
No residual unspent amount remains after considering the Rs 3 crore 89 lakh 64 thousand spent during the year and the Rs 5 crore 2 lakh 20 thousand transferred to the designated account.
The transfer to the Unspent CSR Account was made on April 29, 2026, according to the information provided. Under CSR rules, funds transferred to such an account must be used for the identified ongoing projects within the prescribed implementation period.
Table: Aegis Logistics CSR Spending FY 2025-26
| Particulars | Details |
|---|---|
| Company | Aegis Logistics Limited |
| Financial Year | FY 2025-26 |
| Business Sector | Logistics and energy infrastructure |
| Average Net Profit | Rs 464 crore 1 lakh 2 thousand |
| Gross CSR Obligation | Rs 9 crore 28 lakh 2 thousand |
| Previous-Year Excess Set-Off | Rs 36 lakh 18 thousand |
| Adjusted CSR Obligation | Rs 8 crore 91 lakh 84 thousand |
| Direct CSR Spending | Rs 3 crore 89 lakh 64 thousand |
| Amount for Ongoing Projects | Rs 5 crore 2 lakh 20 thousand |
| Transfer Date | April 29, 2026 |
| Major Focus Areas | Rural development, education, livelihood, hunger reduction, arts and culture |
| Key Locations | Kutch in Gujarat, Mahul and Raigad in Maharashtra |
| Major Rural Development Spending | Rs 3 crore 79 lakh 73 thousand |
| Main Implementation Partners | Alvino Infra Projects, Bhawani Vidyarthi Kalyan Prathistan, Linchpin 360 and others |
| Beneficiary Data | Consolidated beneficiary numbers not disclosed |
Spending Breakdown
The company’s direct CSR expenditure of Rs 3 crore 89 lakh 64 thousand was distributed across multiple development themes.
Rural development and community infrastructure accounted for most of the reported spending. Other allocations addressed education, poverty alleviation, livelihood opportunities, hunger and malnutrition, and the promotion of arts and culture.
The spending figures show that the company’s CSR programme was concentrated mainly in areas associated with or located near its operational presence in Gujarat and Maharashtra.
However, the information provided does not include a consolidated beneficiary count for all the projects. It also does not provide project-wise details on the number of villages, households, students or community members reached during the year.
The disclosure states that the projects were intended to support underprivileged, marginalised and vulnerable communities. More detailed outcome indicators would be required to independently assess the scale and long-term impact of these interventions.
Rural Infrastructure
Road construction and community infrastructure were the largest components of Aegis Logistics’ direct CSR spending during FY 2025-26.
The company allocated Rs 1 crore 91 lakh 65 thousand for road development in the Kutch district of Gujarat. The project was implemented through Alvino Infra Projects Private Limited, according to the information supplied.
Road connectivity can influence access to schools, healthcare centres, markets, public services and employment opportunities in rural areas. However, the disclosure does not specify the length of the road constructed, the villages covered, the project completion stage or the estimated number of residents expected to benefit.
A second rural development allocation of Rs 1 crore 88 lakh 8 thousand was made for an infrastructure project near the Jawaharlal Nehru Port Authority area in Raigad district, Maharashtra.
This project was also associated with Alvino Infra Private Limited. The available information does not clarify whether the expenditure was for roads, drainage, public facilities or another category of community infrastructure.
Together, the two large rural development allocations amounted to Rs 3 crore 79 lakh 73 thousand. This represented about 97% of the company’s direct CSR expenditure reported for FY 2025-26.
The high concentration of spending on infrastructure indicates that the company prioritised capital-intensive community development projects during the year.
Further disclosures on completion status, community consultations, asset ownership, maintenance arrangements and measurable outcomes would strengthen the assessment of these projects.
Education Support
Aegis Logistics contributed Rs 5 lakh to Bhawani Vidyarthi Kalyan Prathistan for the establishment or development of hostel facilities.
The support was intended to improve access to accommodation for students who may be unable to attend educational institutions because of distance, housing costs or limited residential facilities.
Student hostels can support education continuity, particularly for learners from rural and economically weaker communities. The disclosure, however, does not mention the hostel’s location, capacity, expected completion date or number of students to be accommodated.
The company also spent Rs 59 thousand through PDC Events for education-related activities in the Mahul area of Maharashtra.
The available details do not describe the nature of the educational programme, its duration, target age group or learning outcomes. It is therefore not possible to determine whether the expenditure supported awareness activities, educational materials, training, school infrastructure or another intervention.
Additional information on student participation, attendance, retention and learning outcomes would provide a clearer picture of the programme’s educational impact.
Livelihood and Hunger
The CSR disclosures include a contribution of Rs 1 lakh 26 thousand to Linchpin 360 for livelihood enhancement activities.
Livelihood development programmes generally seek to improve household income through skilling, entrepreneurship, employment support or access to productive assets. The information supplied does not identify the occupation, trade, training programme or beneficiary group covered through this allocation.
The company also contributed Rs 99 thousand to Sri Maruthi Sialige for activities linked to the reduction of hunger and malnutrition in the Mahul area.
The disclosure does not state whether the intervention involved cooked meals, dry ration distribution, nutrition support, community kitchens or assistance to vulnerable households.
Beneficiary numbers, frequency of food distribution and nutrition-related outcomes have also not been provided.
Although these allocations were smaller than the infrastructure expenditure, they addressed immediate community needs linked to income security, hunger and social vulnerability.
Arts and Culture
Aegis Logistics also reported contributions to the IITM Temple Samajam Trust and Amba Gram Seva Mandal for the promotion of arts and culture.
The combined support to these organisations was reported to be more than Rs 2 lakh.
CSR expenditure for the protection and promotion of art, culture and heritage is permitted under Schedule VII of the Companies Act, subject to compliance with applicable rules and documentation.
The information provided does not identify the specific cultural activities supported, the communities involved or the public benefits created through these contributions.
Clear descriptions of the programmes, participant numbers and cultural assets supported would help establish their relevance to the company’s stated CSR objectives.
Implementation Partners
The company’s CSR activities involved several implementing organisations and service partners.
The information provided refers to Alvino Infra Projects Private Limited, Alvino Infra Private Limited, Bhawani Vidyarthi Kalyan Prathistan, PDC Events, Sri Maruthi Sialige, Linchpin 360, IITM Temple Samajam Trust and Amba Gram Seva Mandal.
The source material also refers to the ANaRDe Foundation as an organisation associated with rural development and poverty alleviation work linked to the Aegis Group.
Established in 1979, the foundation works in areas such as water resource management, afforestation, rural development and financial inclusion. However, the project-wise spending information supplied does not clearly state how much of Aegis Logistics’ FY 2025-26 CSR expenditure was routed through the foundation.
A project-wise implementing agency table, including registration details, project timelines, monitoring indicators and utilisation certificates, would provide greater transparency.
Under the CSR framework, eligible implementing agencies are generally required to meet specified registration and compliance requirements. Companies are also responsible for monitoring project implementation and ensuring that CSR funds are used for approved purposes.
Ongoing Projects
The Rs 5 crore 2 lakh 20 thousand transferred to the Unspent CSR Account represents a substantial portion of the company’s FY 2025-26 CSR obligation.
This amount accounted for about 56% of the adjusted CSR obligation. The remaining 44% was spent directly during the financial year.
The transfer indicates that one or more projects had been classified as ongoing projects under the CSR framework.
An ongoing project generally refers to a multi-year project undertaken by a company in fulfilment of its CSR obligation, subject to the implementation period permitted under the applicable rules.
The source information does not provide the names of all ongoing projects, their approved budgets, implementation schedules or expected completion dates. It also does not clarify how much of the transferred amount was assigned to each project.
These details are important because funds kept in an Unspent CSR Account remain earmarked for specific CSR activities and cannot be treated as general corporate funds.
Future annual reports should disclose the utilisation of the transferred amount, physical progress made, any delays and the balance remaining in the account.
CSR Governance
The CSR Committee of Aegis Logistics was reported to include Raj K. Chandaria, Chairman and Managing Director, along with Rahul Asthana and Jaideep D. Khimasia.
The committee is responsible for recommending the company’s CSR policy and annual action plan, reviewing proposed projects and monitoring implementation.
The company’s board is responsible for approving the CSR programme and ensuring that the required expenditure is made in accordance with the Companies Act and related rules.
The information supplied states that the company’s CSR initiatives were directed towards underprivileged, marginalised and backward communities.
However, the statement that 100% of beneficiaries belonged to these groups requires supporting project-level beneficiary data and assessment methodology.
The available material does not disclose whether the company incurred any administrative overheads or impact assessment expenditure during FY 2025-26.
It also does not clarify whether any independent impact assessment was required or conducted for eligible projects under the CSR rules.
These details should be verified from the signed annual report, board report and statutory CSR annexure before publication as final audited figures.
Environment Measures
The source material also refers to environmental measures undertaken within the company’s operations.
Aegis Logistics reportedly sourced 26% of the electricity used at its M1 Mumbai Terminal from renewable wind energy. It also replaced conventional lighting with energy-efficient LED systems at its Mumbai terminals.
The company further referred to a zero-spillage approach at its facilities.
These operational initiatives may support energy efficiency and environmental management. However, they should not automatically be treated as CSR expenditure unless they meet the statutory conditions for eligible CSR activities.
Activities undertaken in the normal course of business are generally excluded from CSR expenditure under the Companies Act, except in limited circumstances allowed by law.
The renewable energy and resource-efficiency measures are therefore more appropriately considered part of the company’s broader environmental, sustainability or ESG performance unless the annual report specifically classifies eligible expenditure under CSR.
Impact Evidence
The financial disclosure provides a clear account of the company’s adjusted CSR obligation, direct expenditure and transfer for ongoing projects.
It also identifies major spending areas and some implementation partners.
However, the information is mainly expenditure-focused. It does not provide enough outcome data to measure the social impact of the projects.
Important missing indicators include the number of beneficiaries, villages covered, roads completed, kilometres constructed, students housed, people trained, livelihoods created, meals distributed and cultural participants supported.
The disclosures also do not provide community feedback, third-party monitoring findings, project completion certificates or year-on-year impact comparisons.
Financial compliance is an important part of CSR reporting, but expenditure alone does not establish whether a project created sustainable social value.
Future reporting could be strengthened by connecting every major allocation with defined outputs, timelines, beneficiary data, social outcomes and maintenance plans.
Full-Year Position
For FY 2025-26, Aegis Logistics had a gross CSR obligation of Rs 9 crore 28 lakh 2 thousand.
After setting off Rs 36 lakh 18 thousand from the previous year’s excess expenditure, the company’s adjusted obligation came to Rs 8 crore 91 lakh 84 thousand.
It spent Rs 3 crore 89 lakh 64 thousand during the year and transferred Rs 5 crore 2 lakh 20 thousand to the Unspent CSR Account for ongoing projects.
The combined amount exactly matched the adjusted obligation.
Rural infrastructure projects in Kutch and Raigad accounted for the largest share of direct spending. The company also supported education, student accommodation, livelihood development, hunger reduction, culture and other community welfare activities.
The report provides useful financial information on CSR compliance. More detailed beneficiary numbers, impact evidence, project completion data and ongoing-project disclosures would make the assessment more comprehensive.
Frequently Asked Questions
1. How much was Aegis Logistics required to spend on CSR?
The company’s adjusted CSR obligation for FY 2025-26 was Rs 8 crore 91 lakh 84 thousand.
2. How much did the company spend directly?
Aegis Logistics spent Rs 3 crore 89 lakh 64 thousand directly on CSR projects during the year.
3. Why was Rs 5.02 crore transferred to an unspent account?
The amount was reserved for ongoing CSR projects that require implementation over more than one financial year.
4. Which areas received the largest CSR allocation?
Rural infrastructure projects in Kutch, Gujarat, and Raigad, Maharashtra, received the largest share.
5. What were the main CSR focus areas?
The company supported rural development, education, student accommodation, livelihoods, hunger reduction, arts and culture.
6. How many people benefited from the CSR projects?
The available disclosure does not provide a consolidated number of beneficiaries across all projects.
