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CSR Policy


Ananda in the Himalayas, a Unit of IHHR Hospitality Ananda Private Limited (herein after referred as ‘Ananda’), has always been at forefront of Voluntary CSR. The provisions of the Companies Act, 2013 have made it imperative to institutionalize the CSR activities. The objective of Ananda’s CSR policy is to lay down the guiding principles for proper functioning of CSR activities to attain sustainable development of the society around the area of operations of the Company. Our social responsibility policy will remain focused on using the capabilities of business to improve lives and contribute to sustainable living, through contributions to local communities and society at large.


The purpose of Ananda’s CSR activities are as follows:

a. To be in conformity with the provisions of the Companies Act, 2013, (hereinafter referred to as 'the Act') read with Companies (Corporate Social Responsibility Policy) Rules, 2014, as amended from time to time.
b. To undertake relevant and effective social projects to have a positive and meaningful impact on the lives of communities around it and contributing to the rural development.
c. To undertake programmes and vocational trainings for the skill development of women, contributing to women empowerment and education.
d. To promote healthcare including preventive health care, and rural development.
e. To contribute to environmental sustainability and ecological balance.
d. To encourage and recognise its employees for volunteering in the community by serving and sharing their expertise and skill.


The scope of Ananda’s CSR programmes shall be governed by the provisions of Schedule VII of the Companies Act, 2013 and shall include the following broad heads.
1. Eradicating hunger, poverty and malnutrition, promoting preventive health care and sanitation including contribution to the Swach Bharat Kosh set-up by the Central Government for the promotion of sanitation and making available safe drinking water.
2. Promoting education, including special education and employment enhancing vocation skills especially among children, women, elderly and the differently abled and livelihood enhancement projects.
3. Promoting gender equality, empowering women, setting up homes and hostels for women and orphans; setting up old age homes, day care centres and such other facilities for senior citizens; and measures for reducing inequalities faced by socially and economically backward groups.
4. Ensuring environmental sustainability, ecological balance, protection of flora and fauna, animal welfare, agro forestry, conservation of natural resources and maintaining quality of soil, air and water including contribution to the Clean Ganga Fund set-up by the Central Government for rejuvenation of river Ganga.
5. Protection of national heritage, art and culture including restoration of buildings and sites of historical importance and works of art; setting up public libraries; promotion and development of traditional arts and handicrafts.
6. Measures for the benefit of armed forces veterans, war widows and their dependants, Central Armed Police Forces (CAPF) and Central Para Military Forces (CPMF) veterans, and their dependents including widows.
7. Training to promote rural sports, nationally recognized sports, Paralympics sports and Olympic sports.
8. Contribution to the Prime Minister’s National Relief Fund or Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) any other fund set up by the Central Government for socio-economic development and relief and welfare of the Scheduled Castes, the Scheduled Tribes, other backward classes, minorities and women.
9. Contributions or funds provided to technology incubators located within academic institutions, which are approved by the Central Government.
10. Rural Development Projects.
11. Slum Area Development.
12. Disaster Management, including relief, rehabilitation and reconstruction activities.


a. The CSR projects in the Company shall be implemented under the guidance of the CSR Committee.
b. The CSR Committee of the Board shall have the following responsibilities.
i. Formulate and recommend CSR policy to the Board for approval.
ii. Recommend for approval of the Board the amount of expenditure to be incurred on the activities in a financial year along with projects to be undertaken earmarking funds for broad area-wise projects.
iii. Monitor from time to time the implementation of the CSR projects undertaken by the Company.


Ananda shall, in every financial year, spend at least 2% of the average net profits of the Company made during the three immediately preceding three financial years on its CSR activities as per the provision of Companies Act, 2013. CSR Budget shall be allocated for each financial year with the approval of the Board of Director on the recommendation of the CSR Committee. Every endeavor shall be made to spend the entire annual CSR budget in that year itself. However, the unspent CSR amount, if any, would be transferred in accordance with the Act.


The CSR activities / projects listed in the approved Annual Action Plan shall be implemented using internal resources or through collaborating with NGOs / specialized agencies / trusts / institutions / foundations / societies / Government bodies etc. in accordance with the provision of Companies Act, 2013 and Companies (Corporate Social Responsibility Policy) Rules, 2014. They may also be undertaken through agencies as defined at Section 4(2) and Section 4(3) of the Companies (CSR) Rules, 2014.


The CSR Committee shall be responsible for monitoring of CSR activities at every stage on day-to-day basis. They shall keep track of the progress of the CSR activities on a regular basis through status check from implementing agency, site visits etc. and also obtain feedbacks from the targeted beneficiaries.


a. The contents of the CSR Policy shall be disclosed in the Director’s Report. It shall also be placed on the Company’s website in the prescribed format. It shall include the following:
i. A brief outline of the CSR Policy, including overview of projects undertaken and a reference to the web link to the CSR policy and projects.
ii. Composition of the CSR Committee.
iii. Average net profit for last three Financial Years and the Prescribed CSR Allocation (Budget).
iv. The details of amount spent on CSR during the financial year in the prescribed format.
v. In case Ananda fails to spend the 2% of average net profit of the last three FYs or any part thereof, the Report shall disclose reasons for the same.
b. The report would be signed by Director or Chairman of the CSR Committee.


Mr. Ashok Khanna
Ms. Aashica Khanna


Ananda Spa Foundation


Ananda reserves the right to modify, cancel, and / or amend any of the provisions of this policy in accordance to the prevailing statute.
Notwithstanding any clause in this Policy, no action pertaining to CSR activities shall be taken in contravention of the provision of Section 135 of the Companies Act, 2013 and of the Companies (Corporate Social Responsibility Policy) Rules, 2014.
This policy has been framed in compliance to the provisions of Section 135(3)(a) of the Companies Act, 2013 and Section (6) of the Companies (CSR) Rules, 2014.
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