NEW DELHI (India CSR): At the heart of every thriving community are organizations dedicated to making a tangible difference. Vimta Labs Limited, an Indian company with a global perspective, demonstrated its steadfast commitment to societal well-being in the financial year ended March 31, 2025, by channeling substantial resources into Corporate Social Responsibility (CSR) initiatives. Recognizing that true success extends beyond business performance, the company views CSR as an integral part of its existence and sustained growth. For FY 2024-25, Vimta Labs spent over Rs 1.16 Crore on projects aimed at creating a more sustainable and equitable way of life, particularly for underprivileged sections of society. This significant investment underscores the company’s core values of Quality, Integrity, and Respect, guiding its decisions and actions.
Table: Vimta Labs CSR Spending FY 2025
| Key Fact | Details |
|---|---|
| Company Name | Vimta Labs Limited |
| Financial Year | FY 2025 |
| Total CSR Obligation | Rs 1.16 crore |
| Total CSR Spent | Rs 1.16 crore |
| Compliance | Fully compliant with Section 135 of the Companies Act, 2013; no unspent amount |
| CSR Focus Areas | Education, Health, Skill Development, Environment, Animal Welfare |
| Major Education Initiative | Vidya Bharathi – Rs 2 lakh |
| Skill Development Support | – Dharmapuri Educational Charitable Trust – Rs 60,000- Yuva Education Society – Rs 50,000 |
| Health & Nutrition Projects | – Narsing Swain Memorial Trust (Akar Asha) – Rs 1 lakh- The Akshaya Patra Foundation – Rs 1 lakh- Divya Gnana Charitable Trust – Rs 1 lakh- Sri Ramakrishna Sevashrama – Rs 1 lakh- Abhinav Rural Education Society – Rs 80,000- Andhra Mahila Sabha – Rs 20,000 |
| Environmental & Animal Welfare | People For Animals – Rs 2 lakh |
| Monitoring and Oversight | CSR Committee and Board of Directors ensured policy implementation and compliance |
| CSR Policy Disclosure | Available on Vimta Labs’ official website |
| Capital Assets Created Through CSR | None |
| CSR Philosophy | Based on “Quality, Integrity, Respect”; focused on underprivileged communities and sustainable development |
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Fulfilling Corporate Responsibility
Vimta Labs firmly believes that as an economic organ of society, it should nurture the community and environment on a scale appropriate to its economics. In line with this belief and the mandate of Section 135 of the Companies Act, 2013, the company had a total CSR obligation of Rs 1.16 crore for the financial year ended March 31, 2025. This obligation is calculated as two percent of the average net profit of the company for the preceding three financial years, which amounted to Rs 58.105 crore. By spending a total sum of Rs 1.16 crore on approved CSR activities during the year, the company fully met its obligation, ensuring no amount remained unspent U/s.135(5) of the Act. The Secretarial Auditors confirmed in their report for FY 2024-25 that no amounts remained unspent pursuant to any ongoing project requiring transfer to a special account. The CSR Committee confirmed that the implementation and monitoring of the CSR policy complied with the company’s CSR objectives and policy. The CSR projects and activities are managed independently from Vimta’s normal business activities.
Focus Areas for Societal Nurturing
Vimta’s CSR policy outlines core areas of focus for its activities. While the source lists the activities undertaken, it doesn’t explicitly list the “core areas” here, but the nature of the projects indicates a focus on education, health, and support for vulnerable populations. The CSR policy itself is disclosed on the company’s website. The company carries out CSR activities to build a better, sustainable way of life for the weaker/needy sections of society.
Investing in Education and Skill Development
A significant portion of Vimta’s CSR spending in FY 2025 was directed towards supporting educational initiatives. The company provided support totaling Rs 2 lakh to Vidya Bharathi to run schools, hostels, and other institutions aimed at promoting education in villages and tribal areas. Furthermore, initiatives focused on skill development for unemployed youth were supported through contributions to Dharmapuri Educational Charitable Trust (Rs 60,000) and Yuva Education Society (Rs 50,000).
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Enhancing Health and Well-being
Recognizing the importance of health and support for those facing challenges, Vimta also invested in healthcare-related projects. The Narsing Swain Memorial Trust (Akar Asha) received Rs 1 lakh from Vimta for supporting people with deformities and disabilities through reconstructive surgery. Additionally, support for providing nutritious mid-day meals to children, conducting health camps, and life skills training was channeled through The Akshaya Patra Foundation (Rs 1 lakh), Divya Gnana Charitable Trust (Rs 1 lakh), and Sri Ramakrishna Sevashrama (Rs 1 lakh). Healthcare services were also supported via Abhinav Rural Education Society (Rs 80,000), and healthcare and sanitation through Andhra Mahila Sabha (Rs 20,000).
Supporting Environmental Sustainability and Animal Welfare
Beyond human-centric initiatives, Vimta Labs also extended its support to environmental sustainability and animal welfare. A contribution of Rs 2 lakh was made to People For Animals, an organization involved in ensuring environmental sustainability, ecological balance, protection of flora and fauna, animal welfare, agroforestry, conservation of natural resources, and maintaining the quality of soil, air, and water. This aligns with the company’s broader commitment to operating with responsibility.
Governance and Oversight
The implementation and monitoring of Vimta Labs’ CSR policy are overseen by the CSR Committee. The composition of this committee is disclosed on the company’s website. The Board of Directors supports the company’s CSR framework, and the CSR responsibility statement confirms compliance with the policy and objectives. For the financial year ended March 31, 2025, no capital assets were created or acquired through the CSR amount spent. The company’s comprehensive approach to CSR reflects its commitment to contributing positively to the communities where it operates and aligning its actions with its stated values and vision.
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FAQs: Vimta Labs Limited spent Rs 1.16 crore on CSR activities in FY 2025
1. What is the total CSR spending by Vimta Labs in FY 2025?
Vimta Labs spent Rs 1.16 crore on CSR initiatives during FY 2025.
2. Did Vimta Labs meet its legal CSR obligation?
Yes, the company fully met its CSR obligation under Section 135 of the Companies Act, 2013.
3. What were the main focus areas of Vimta’s CSR activities?
Key areas included education, healthcare, skill development, environment, and animal welfare.
4. Which educational organization received the highest CSR support?
Vidya Bharathi received Rs 2 lakh to support schools and hostels in rural and tribal areas.
5. Was any capital asset created through the CSR spending?
No, Vimta Labs did not create or acquire any capital asset using CSR funds.
6. Where can I find Vimta Labs’ CSR policy?
The CSR policy is publicly available on the company’s official website.
(India CSR)
