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Corporate Social Responsibility

Corporate Social Responsibility

Company Profile

Theobroma Foods Private Limited (Theobroma/Company), is a Company incorporated under the Companies Act, 1956 having CIN U15100MH2004PTC146202, registered office at 32/33A Deonar, Opp. Metal Box Company, Govandi East 400088.

Theobroma is a Cakes and Patisseries chain and currently operates its business PAN India through almost 200 outlets spread across Metros and Tier I cities.

CSR Policy (Extract)

1. Introduction

Theobroma recognizes its responsibility towards society and is committed to conducting its business in a socially responsible and sustainable manner.

Theobroma Core Values viz, Authentic Recipes, Baked with Love, Honestly Priced and Committed to Quality are at the foundation of its Vision and Mission. It believes that to earn a healthy profit, provide employment and expand business are not the only parameters to measure the success of the business. It aims to discharge its overall social responsibilities, where it operates. 

2. Governance and CSR Committee

Board of Directors approved the CSR policy in its meeting dated 15th December 2023 and continue to discharge functions of CSR Committee.

 3. Objectives

The primary objectives of CSR policy are:

  • To contribute to wellbeing and sustainable development of society.
  • To undertake projects that have positive impact on the community where Theobroma operates.
  • To comply with statutory requirements of Companies Act, 2013 and rules related to CSR.

4. Key Areas for CSR Activities

    Theobroma will focus its CSR initiatives utilizing the Budgeted CSR Expenditure in following areas as per Schedule VII of the Companies Act 2013.

    i. Health Care and Sanitation:
    ii. Education
    iii. Gender equality:
    iv. Environment:
    v. Protection and Promotion of Art, Culture Heritage and Handicrafts
    vi. Benefit for Armed forces veterans, War widows or paramilitary forces.
    vii. Promoting SPORTS
    viii. Contribution to PM Relief fund
    ix. Research and Development
    x. Rural Development Projects
    xi. Slum Area Development
    xii. Disaster Management.

       5. Guiding Principles

      i. Theobroma prefers to undertake CSR activities in and around its Central Kitchens.
      ii. Theobroma may spend CSR amount directly or through implementing agency registered under Companies Act, 2013.
        6. Review and Amendment

          This CSR Policy will be reviewed periodically to ensure its effectiveness and relevance. Any amendments to this policy will be approved by the Board of Directors.

          CSR Projects approved by the Board

          For the financial year 2024-25:

          1. Food & Hunger Eradication - Community kitchen at Shree Sai Healing Trust, Bangalore.
          2. Drinking Water - Vayujal Atmospheric Water Generator, Ahmedabad (ICCW).
          3. Hygiene & Sanitation - Waste collection vehicles, Hyderabad.
          4. Environment - Suposhan agro plantation, Greater Noida (Jijiwisha Society).
          5. Education - School lab renovation, Ratnagiri (Sadguru Education Society).
          6. Education Infrastructure - Washroom renovation & computer lab equipment, Ahmedabad.
          7. Education Infrastructure - School rejuvenation program, Ahmedabad (Akshay Patra Foundation).

          For the financial year 2023-24:

          i. Army Welfare CSR Fund (New Delhi)

          Contribution to healthcare of Army Veterans & War widows through CSR grant to install Oral Scanner at Army Dental Centre.

          ii. Aashirvad Sevashram, Sarjapur Orphanage (Bangalore)

          UPS installation at the orphanage to address power cuts. Arranged special lunch, fun activities, and uniforms for children.

          Contact for CSR activities

          To connect with Theobroma for CSR activities, please email NGO details and proposal to legal@theobroma.in