Corporate Social Responsibility

At Maveric, we increase our positive social impact by addressing the critical social and environmental needs of the downtrodden sections of society. Empowering communities by connecting people to opportunities in the digital economy directly contributes to equitable, sustainable, and inclusive pathways for the underprivileged and differently-abled.

Beyond philanthropism, CSR@Maveric aims to create generational improvement at a person, community, and regional level, thereby creating large-scale social impact.

Maveric’s CSR Committee comprises the following Board members:

  • Mr. Anil Sachdev – Independent Director – Chairman
  • Mr. I Ranga Reddy – Whole-time Director – Member
  • Mr. V N Mahesh – Whole-time Director – Member
  • Prof. Madan Mohan TR – Independent Director – Member

 

Areas of Intervention

Our CSR policy leverages the best of Maveric – intellectual, human, technology, and financial capabilities to contribute or adopt projects in the following areas of intervention defined in Schedule VII of the Companies Act, 2013:

  • Health and Education of underprivileged / physically challenged children,
  • Ensuring environmental sustainability,
  • Promoting education,
  • Other activities defined in Schedule VII as may be identified in future by the CSR Committee

 

CSR@Maveric Mode

As a global technology innovator, Maveric’s CSR goal is to develop and implement programs that create equity and access to opportunities through:

  • Focused Programs – Dedicated personnel run and evaluate SMART programs.
  • Care – Empathetic engagement with selfless dedication offered by the NGO volunteers.
  • Technical Expertise – NGOs backed by a team with tech. Expertise. Funding is routed for operations, salaries, and technical equipment.

 

Strategic Focus Areas and Progress Map

By prioritizing focus on education, sustainable livelihoods, rehabilitation, rural development, special education, and early intervention, Maveric helps people and communities bridge the opportunity gap. At Maveric, the Internal Employees CSR Committee evaluates the NGOs list and records findings for the CSR Committee. Based on a detailed understanding, the CSR Committee proposes annual action plan and CSR budget. Consequently, ongoing projects are reviewed, volunteers and new projects with CSR funding are finalized.

Activities Summary

  1. Bhumi
    Chennai-based NGO Bhumi focuses on education, civic volunteering, and leadership development programs. Maveric teams with Bhumi’s “IGNITE COMMUNITIES” program, which involves transforming education for underprivileged children in slum communities. The program scope includes 2 Offline Centers focusing on 84 children, an Online Centre for 30 Children, and 1 School Model with 530 Children.

  1. Akshaya
    A non-profit initiative devoted to the rehabilitation – physical, emotional, social, and economic – of the differently abled, Akshaya is registered under Tamil Nadu Societies Act. Maveric’s CSR team distributes aids and appliances, such as hearing aids, walkers, wheelchairs, and prostheses, for 70+ beneficiaries.

  1. Single Teacher Schools
    A unit of the Swami Vivekananda Rural Development Society, a Chennai-based NGO, 1700 Single Teacher Schools operate in TN’s remote villages, empowering the state’s poorest children and creating a socially responsible rural citizenry. CSR@Maveric is sponsoring 37 Single Teacher schools in Kanchipuram and Tiruvallur districts, covering 570 students

  1. Vidya Sagar
    Vidya Sagar – a TN-based NGO – runs programs for 3800 + individuals with disabilities focusing on early intervention, special education, occupational therapy, physiotherapy, speech and vision training, vocational training, and creating employment opportunities. Maveric’s CSR team sponsors B. Ed programs in Special Education and Teacher Training to enhance rehabilitation services by conducting programs and offering internships

  1. Nalanda Way
    Nalanda Way is a Chennai-based foundation that offers art-enabled, evidence-based programs to bridge gaps in the mental health sector through government departments and NGOs. Maveric’s CSR team partners for “Project Sakhi,” which helps adolescent girls with difficult backgrounds in Ashraya Bal Bhavan, a childcare institution in Coimbatore.

  1. UllasTrust
    Ullas Trust, a Chennai-based organization, is engaged in recognizing academic excellence in students from economically challenged sections. Maveric’s CSR team sponsors annual merit scholarships that give a head-start to young achievers.

  1. Team Everest
    Team Everest is a Chennai-based trust which provides quality education to financially challenged children through volunteering. Maveric partners with Team Everest to reach out as many benefactors as possible, via career guidance sessions, motivation sessions, physical and virtual knowledge-sharing sessions, vocational training sessions, etc. to enable the underprivileged students.

 

Policies

The Policies approved by the Board of directors, disclosed as required under the Companies Act, 2013.

Annual Returns

The Annual Return filed with the Registrar of Companies, disclosed as required under Sec 92 of the Companies Act, 2013