Our Core Values

In our commitment to excellence, we are guided by a set of values that defines who we are and the way we work.

1) Ethical Conduct: We follow rigorous obligatory quality standards that are verified through regular monitoring and self-evaluation. Compliance and conformation of these standards result in branded products that are pure, safe and of excellent quality year after year.
2) Honesty and Integrity: We have faith in values of honesty and integrity as it leads to consistency in business actions, values, methods and principles. The inculcated values since inception has guaranteed fairness and truthfulness for all the concerned stakeholders in our business, be them employees, suppliers, financiers and of course the customers.
3) Health and Safety: We adhere to the highest ethical standards to ensure the safety and health of our employees, our customers and the people of the communities in which we operate.
4) Employee Empowerment: We have chosen to inspire transparency, openness, and co-operation across the corporate ladder to improve teamwork and overall productivity. We foster an environment in which every employee is treated with respect and dignity, and is recognized for his or her contributions to our business.
5) Innovation: We value innovative efforts, ideas and methods to continually improve our business processes.

This is our way to sustainable and profitable growth thereby creating long-term value for our customers and all our stakeholders.

Our Corporate Social Responsibility

The main objective of ASPPL’s CSR Policy is to lay down guidelines to make CSR a key process for sustainable development and welfare of the society. Growth and development of local and nearby areas is ASPPL’s preferred area for CSR.

The amount to be spent under CSR would include 2% of average net profits for the preceding three financial years and any income arising therefrom, and surplus arising out of CSR activities.

The Programs to be undertaken by the company will include the following:

1) Eradicating extreme hunger and poverty
2) Promotion of Education
3) Ensuring environmental sustainability and protection of flora and fauna
4) Promoting employment enhancing vocational skills
5) Organizing medical relief and health check-up camps for the needy and downtrodden people
6) Improving hygiene and sanitation conditions for rural public
7) Social business projects as may be approved by the committee from time to time
8) Any other area notified by the Govt for the purpose of CSR from time to time

Only such activities will be taken into consideration as are undertaken within India and which are not exclusively for the benefit of employees of the company or their family members.

The company may collaborate or pool resources with other companies to undertake CSR activities. The company may also implement its CSR programs through not-for-profit organization that have an established track record of three years.

CSR activities may generally be conducted as projects or programs (either new or ongoing) excluding activities undertaken in pursuance of normal course of business of the company.

CSR projects/programs of the company may also focus on integrating business models with social and environmental priorities and processes in order to create shared value.

CSR Committee shall prepare CSR Plan and present it to Board every year and also as and when required defining in concrete, the specified areas and activities for CSR and also budgets for same.

CSR Committee may assign task of implementation of CSR Projects and activities to any person or team of persons with sufficient authorities as it may deem fit and justified. Said person or team will be accountable to CSR committee directly for the efficacy and status of CSR project at any given point of time.

The Committee shall meet as and when required and Chairman may invite other officials of the company as may be deemed expedient.

The Chairman shall place in each meeting the details of activities undertaken since the last meeting.

CSR Committee shall review periodically, the CSR projects regarding the growth and money spent. Authorised person or team during periodical review shall provide all relevant details to CSR Committee. CSR Committee on the basis of such reviews shall monitor and control the CSR Plan outlays and shall take corrective measures if required and if possible to do so.

The company shall report, in the prescribed format, the details of CSR initiatives in the Directors’ Report and on Company’s website.

Any or all provisions of CSR Policy would be subject to revision/amendment by the Board of Directors of the Company based on the recommendations of the CSR Committee and also in accordance with the guidelines on the subject, if any, issued from time to time.