A PROJECT REPORT

ON
A Comprehensive Study of Corporate Social Responsibility (CSR)

Session- 2018-2020

SUBMITTED BY;SUBMITTED TO;

Khushpreet Singh DR; Harpreet Singh

Roll no; 18421067

Section; A

PUNJABI UNIVERSTY PATIALA

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 Sr.No. Particular Page No.
Introduction 1-12
1.1 History of Business Ethics 1-3
1.2 Meaning of Business Ethics 3-4
1.3 Definition of Business Ethics 4
1.4 Importance of Business Ethics 4-5
1.5 Scope of Business Ethics 5
1.6 Features of Business Ethics 5-6
1.7 Principles of Business Ethics 6-8
1.8 Types of Business Ethics 8-9
1.9 Advantages of Business Ethics 9-10
1.10 Conclusion 10-12
1.11 Company Profile 12

INTRODUCTION

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Business ethics (additionally company ethics) is a shape of applied ethics or expert ethics that
examines ethical principles and ethical or moral issues that arise in a commercial enterprise
environment. It applies to all components of enterprise conduct and is relevant to the conduct
of individuals and entire agencies.

Business ethics has normative and descriptive dimensions. As a company exercise and a
career specialization, the sector is broadly speaking normative. Academics attempting to
understand commercial enterprise behaviour appoint descriptive strategies. The variety and
quantity of enterprise moral problems displays the interaction of income-maximizing
behaviour with non-economic worries. Interest in business ethics accelerated dramatically at
some point of the Eighties and 1990s, both inside important businesses and within academia.
For instance, maximum main corporations these days sell their commitment to non-economic
values below headings which include ethics codes and social obligation charters. Adam
Smith said, "People of the same trade seldom meet collectively, even for merriment and
diversion, but the communication leads to a conspiracy against the public, or in a few
contrivance to raise costs." Governments use legal guidelines and policies to point enterprise
behaviour in what they understand to be beneficial directions. Ethics implicitly regulates
regions and details of behaviour that lie past governmental manipulate. The emergence of
massive companies with confined relationships and sensitivity to the groups wherein they
function elevated the improvement of formal ethics regimes.

A History of Business Ethics

By Richard T. De George

The time period 'commercial enterprise ethics' is utilized in loads of exceptional ways, and
the history of enterprise ethics will vary relying on how one conceives of the object below
dialogue. The records may also range truly at the historian—how he or she sees the situation,
what data he or she seeks to discover or has at hand, and the relative significance the historian
gives to those statistics. Hence the tale I'm going to inform may be particularly one of a kind
from the tale someone else may tell in diverse particulars, and I hope that instead of being a
stupid recitation of records it'd in reality spark off a few discussion at the end by way of
people who could tell a somewhat different tale. The story I will inform has three strands, due
to the fact I consider the time period business ethics is used in at least three distinct, despite
the fact that associated, senses. Which sense one chooses consequently gives priority to
nature of the records of the subject. The primary sense of the term refers to current tendencies

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and to the length, because kind of the early 1970s, while the time period 'enterprise ethics'
came into common use within the United States. Its foundation on this experience is
determined in the academy, in educational writings and meetings, and inside the
improvement of a discipline of instructional coaching, studies and booklet. That is one strand
of the story. As the time period entered extra fashionable utilization in the media and public
discourse, it often became equated with either business scandals or extra extensively with
what can call "ethics in business." In this broader sense the records of business ethics goes
again to the foundation of commercial enterprise, once more taken in a large experience, that
means business exchanges and later which means economic structures as well. That is some
other strand of the history. The 0.33 stand corresponds to a 3rd experience of commercial
enterprise ethics which refers to a motion within commercial enterprise or the movement to
explicitly build ethics into the systems of agencies within the shape of ethics codes, ethics
officers, ethics committees and ethics schooling. The time period, furthermore, has been
followed global-extensive, and its which means in Europe, for example, is relatively
exclusive from its that means in the United States. The "ethics in business" feel of enterprise
ethics. In this huge experience ethics in commercial enterprise is definitely the utility of
normal ethical or ethical norms to commercial enterprise. Perhaps the instance from the Bible
that involves mind most without problems is the Ten Commandments, a guide this is
nevertheless utilized by many today. In precise, the injunctions to truthfulness and honesty or
the prohibition in opposition to theft and envy are directly relevant. A notion of stewardship
may be found in the Bible as well as many

other notions that can be and have been implemented to commercial enterprise. Other
traditions and religions have comparable sacred or historic texts which have guided human
beings's moves in all realms, which includes business, for hundreds of years, and still do.

If we flow from faith to philosophy we have a similar lengthy tradition. Plato is known for his
discussions of justice within the Republic, and Aristotle explicitly discusses monetary
members of the family, trade and exchange under the heading of the household in his Politics.
His discussion of exchange, trade, property, acquisition, cash and wealth have an nearly
present day ring, and he makes ethical judgments approximately greed, or the unnatural use
of 1's capacities in pursuit of wealth for its personal sake, and in addition condemns usury as
it involves a profit from forex itself as opposed to from the procedure of alternate in which
cash is truly a way.1 He also gives the conventional definition of justice as giving every his

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due, treating equals equally, and buying and selling equals for equals or "having an same
amount each before and after the transaction.

In the West, after the fall of Rome, Christianity held sway, and even though there were
numerous discussions of poverty and wealth, possession and belongings, there is no
systematic discussion of commercial enterprise except in the context of justice and honesty in
shopping for and selling. We can anticipate all 3 to stay vibrant and interacting for the
foreseeable future. Ethics is a department of social technology. It offers with ethical concepts
and social values. It helps us to classify, what is ideal and what is bad? It tells us to do exact
things and keep away from doing awful things. So, ethics separate, appropriate and awful,
proper and incorrect, fair and unfair, moral and immoral and proper and flawed human
action. In brief, ethics means a code of conduct. It is just like the 10 commandments of holy
Bible. It tells someone how to behave with every other person.

So, the businessmen ought to provide a ordinary deliver of excellent best items and offerings
at affordable costs to their customers. They have to keep away from indulging in unfair trade
practices like adulteration, selling misleading commercials, dishonest in weights and
measures, black advertising, etc. They must supply honest wages and offer appropriate
operating situations to their employees. They must not take advantage of the employees.
They should inspire competition within the marketplace. They need to guard the hobby of
small businessmen. They need to avoid unfair opposition. They must keep away from
monopolies. They ought to pay all their taxes often to the government. In quick, commercial
enterprise ethics manner to conduct enterprise with a human contact in an effort to supply
welfare to the society.

MEANING

Ethics is a branch of social technology. It deals with moral concepts and social values. It
facilitates us to classify, what is ideal and what is bad? It tells us to do excellent matters and
keep away from doing terrible things. So, ethics separate, right and awful, proper and
incorrect, truthful and unfair, ethical and immoral and right and unsuitable human motion. In
quick, ethics manner a code of behavior. It is just like the 10 commandments of holy Bible. It
tells a person how to behave with another character. So, the businessmen should deliver a
everyday supply of correct nice items and offerings at affordable prices to their customers.
They need to keep away from indulging in unfair alternate practices like adulteration, selling
deceptive advertisements, dishonest in weights and measures, black advertising, and many

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others. They need to provide fair wages and offer appropriate operating situations to their
workers. They have to not take advantage of the workers. They must inspire competition
inside the market. They need to guard the hobby of small businessmen. They must keep away
from unfair opposition. They ought to avoid monopolies. They ought to pay all their taxes
often to the government. In quick, commercial enterprise ethics method to conduct business
with a human contact on the way to provide welfare to the society.

DEFINITIONS

According to Andrew Crane,

"Business ethics is the have a look at of enterprise situations, sports, and decisions wherein
problems of proper and wrong are addressed."

According to Raymond C. Baumhart,

"The ethics of enterprise is the ethics of responsibility. The business guy should promise that
he'll now not damage knowingly."

IMPORTANCE OF BUSINESS ETHICS

By Luanne Kelchner

Ethics are the standards and values an individual uses to govern his sports and selections. In
an corporation, a code of ethics is a hard and fast of concepts that manual the employer in its
packages, guidelines and selections for the commercial enterprise. The ethical philosophy an
corporation uses to behavior business can affect the popularity, productiveness and bottom
line of the commercial enterprise.

Leadership Ethics

The ethics that leaders in an business enterprise use to control personnel may have an impact
at the morale and loyalty of people. The code of ethics leaders use determines field
procedures and the applicable behaviour for all employees in an business enterprise. When
leaders have excessive moral standards, it encourages people in the corporation to fulfill that
same stage. Ethical leadership also enhances the business enterprise’s recognition in the
financial marketplace and network. A solid popularity for ethics and integrity in the
community may enhance the organisation’s commercial enterprise.

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Employee Ethics

Ethical behaviour among workers in an business enterprise ensures that employees complete
work with honesty and integrity. Employees who use ethics to manual their behaviour adhere
to employee rules and guidelines at the same time as striving to meet the desires of the
agency. Ethical personnel additionally meet requirements for first-rate in their work, that may
enhance the organization’s recognition for satisfactory merchandise and service.

Ethics in Non-Profit Organizations

Ethical Organizational Culture

Leaders and employees adhering to a code of ethics create an ethical organizational culture.
The leaders of a enterprise can also create an ethical way of life through showing the type of
behaviour they had like to see in personnel. The enterprise can toughen moral behaviour with
the aid of rewarding employees who showcase the values and integrity that coincides with the
business enterprise code of ethics and disciplining individuals who make the incorrect
selections.

Benefits to the Organization

A positive and healthful company way of life improves the morale among people in the
employer, which may also increase productiveness and worker retention; this, in turn, has
economic benefits for the company. Higher tiers of productiveness improve the efficiency
within the enterprise, while increasing worker retention reduces the cost of changing
personnel.

SCOPE OF BUSINESS ETHICS

Ethical troubles and phenomena stand up across all the characteristic areas ofcompaniesandat
all stages inside the organization.

1. Ethics in compliance

Compliance is set obeying and adhering to regulations and authority. The motivation for
being grievance may be to do the right factor out of the worry of being stuck in preference to
a choice to be abiding by using the law.

2. Ethics In Finance:

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The Ethical trouble in finance is that companies and employees are faced with consist of:

• In accounting- window dressing, deceptive monetary analysis.

• Related celebration transactions no longer at arm’s length.

• Executive compensation.

• Fake reimbursements.

3. Ethics in Human Resources:

Human useful resource control plays a decisive position in introducing and enforcing ethics.
Ethics ought to be a pivotal trouble for HR specialists. The issues of ethics faced by means of
HRM include:

• Discrimination issues i.E discrimination on the bases of age, gender, race, weight and
so on.

• Sexual harassment.

• Affirmative Action.

• Occupational protection and fitness.

4. Ethics in Marketing:

Marketing ethics is the vicinity of applied ethics which offers with the moral concepts at the
back of the operation and regulation of advertising. The ethical troubles confronted on this
place encompass:

• Misleading commercial.

• Children and marketing.

• Black marketplace, Grey market.

Five. Ethics of Production:

This location of enterprise ethics deals with the duties of a organisation to insure that
products and manufacturing methods do no longer purpose harm. Some of the more acute
dilemmas in this location stand up out of the truth that there may be a as generally a diploma

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of dangour in any product or production process and it is hard to define a degree of
permissibility.

• Defective, addictive and inherently dangerous merchandise.

• Ethical relation among the employer and the surroundings consist of pollutants,
environmental ethics, and carbon emission buying and selling.

• Product checking out ethics.

Features of Business Ethics

The traits or functions of enterprise ethics are:-

Code of conduct: Business ethics is a code of conduct. It tells what to do and what now not to
do for the welfare of the society. All businessmen must follow this code of behavior.

Based on ethical and social values: Business ethics is based on ethical and social values. It
includes ethical and social standards (policies) for doing commercial enterprise. This includes
self-discipline, consumer protection and welfare, provider to society, fair remedy to social
organizations, now not to make the most others, and many others.

Gives safety to social corporations: Business ethics deliver protection to specific social
companies together with purchasers, personnel, small businessmen, authorities, shareholders,
lenders, and many others.

Provides simple framework: Business ethics provide a fundamental framework for doing
commercial enterprise. It gives the social cultural, monetary, criminal and other limits of
enterprise. Business must be carried out within those limits.

Voluntary: Business ethics must be voluntary. The businessmen ought to be given

commercial enterprise ethics on their very own. Business ethics ought to be like strength of
will. It must not be enforced through law.

Requires schooling and guidance: Businessmen ought to take delivery of proper training and
steerage before introducing business ethics. The businessmen should be prompted to apply

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enterprise ethics. They need to be knowledgeable about the benefits of the usage of business
ethics. Trade Associations and Chambers of Commerce need to additionally play an energetic
position in this rely.

Relative Term: Business ethics is a relative term. That is, it adjustments from one commercial
enterprise to another. It additionally changes from one u . S . A . To some other. What is
taken into consideration as exact in a single u . S . May be taboo in another country.

New concept: Business ethics is a more moderen idea. It is exactly accompanied only in
advanced nations. It isn't accompanied nicely in poor and growing international locations
.What are styles of business ethics?

Principles of Business Ethics

The concepts of commercial enterprise ethics developed by using well-known authorities like
Cantt, J.S Mill , Herbert Spencer, Plato , Thomas Garret , Woodred , Wilson etc are as
follows.

1).Sacredness of approach and ends: the primary and maximum critical principle of business
ethics emphasize that the manner and method followed to serve the commercial enterprise
ends ought to be sacred and pure. It approach that an excellent stop can't be attained with
wrong means , although it's far beneficial to the society.

2). Not to do any evil: It is unethical to do a first-rate evil to any other or to oneself, whether
this evil is a way or quit.

3).Principle of proportionality: This precept advocate that one ought to make right judgment
earlier than doing whatever so that others do no longer be afflicted by any loss or hazard of
evils by way of the behavior of commercial enterprise.

Four). Non-cooperation in evils: It definitely point out that a commercial enterprise must with
absolutely everyone for doing any evil act.

5). Co-operation with others : This principle states that commercial enterprise ought to help
others most effective in that conditions while other deserves with assist.

6.) Publicity: According to W.Wilson, anything this is being executed or to be done, should
be bought to the understanding of every person. If all of us is aware of, non gets opportunity
to do an ethical act.

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7.) Universal Value: According to the precept the behavior of business should be finished on
the premise of normal cost.

8.) Human Dignity: As according to this precept, man must no longer be handled as a
component of manufacturing and human dignity is maintained.

9.) Equivalent Price: According to W. Wilson, the humans are entitled to get items equal to
the value of money that he will pay.

10.) Non-Violence: If businessman hurts the hobby and rights of society and explains the
patron through overlooking their interest this is equivalent to violence and unethical act.

TYPES OF BUSINESS ETHICS

1. TRANSACTIONAL ETHICS.

Business transactions are the interaction among business and their consumer, providers and
different with whom they do commercial enterprise. Transaction can be very simple, like
buying a newspaper or extremely taking a long time and regarding many agencies or
businesses new generation and around the control of business transaction. There is a thin
relation of consumer and vendor precept of honesty principle of reciprocing.

2. PARTICIPATORY ETHICS.

Participatory ethics is an crucial a part of business ethics these are the action some of which
might be guided by using common interest and a few share hobby all participatory involved

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in the business. Participate and cooperative to provide a not unusual items for the betterment
of the society and business enterprise.

The goods can simplest be released via the participation of all events. Through participation
can be worthwhile through taking part birthday party of the society, but a number of events
have to take part have the survival.

3. RECONGNITIONAL ETHICS.

The time period ‘popularity’ has several awesome meanings:

(1) An act of intellectual apprehension, which include whilst we ‘understand’ we have made
a mistake or we ‘understand’ the impact of faith on American politics.

(2) A form of identity, together with whilst we ‘apprehend’ a friend in the road.

(three) The act of acknowledging or respecting every other being, along with whilst we
‘apprehend a person’s popularity, achievements or rights (upon the unique meanings of
popularity, In wood, 1992: 245-47; Margalit, 2001: 128-129). The philosophical and political
perception of popularity predominantly refers to, and is regularly taken to intend that not
simplest is reputation an important manner of valuing or respecting any other individual, it's
also essential to know-how ourselves.

Advantages of Good Business Ethics

A enterprise is not just about money making at all prices. There are considerations to be
made out of doors conventional money making and ethical and moral concerns.

A enterprise ought to have a superb have an effect on on its on the spot environment and the
people that stay in the network with the aid of creating jobs and playing a large position in the
budget friendly and social welfare of the community. The effect of unethical practices with
the aid of a commercial enterprise will create a bad popularity and distrust a number of the
employees and the network. Businesses with integrity and high moral requirements set up
long lasting relationships with the customers they cope with. Many enterprise make the error
of setting earnings earlier than purchaser satisfaction, at the same time as they may escape
with it to start with and seem a hit, in the end, the enterprise is certain to fail as no client
desires to sense quick-modified. It is important that a diploma of transparency in all dealings
be present and ambiguity be eliminated. This is due to the fact even supposing the

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transaction turned into truthful, the presence of hidden charges will generate distrust leading
to bad will.

The business directors have a obligation to the shareholders, personnel, and the network;
therefore, they want to hold to an moral technique in all dealings. It is crucial that set ethical
standards be made component and parcel of the groups culture and blanketed in all dealings
related to the commercial enterprise.

Companies with properly ethical guidelines earn:

• Marketing blessings over their competitors. Customers easily make investments inside
the groups via shares and also need to set up long lasting business members of the family
with the business enterprise.

• The performance of personnel improves with properly ethical regulations found in a

organisation. Morale is excessive and personnel feel obligated to put in their all to retain to
make it a success.

• Reputation management: a awful recognition is created by means of unethical conduct

so that it will eventually lead to a scandal. A scandal will bring about falling stock prices,
tension, and coffee morale amongst employees in addition to authorities and public scrutiny
and inquests.

• Legal and financial incentives: corporations regarded for their high moral
requirements and training of personnel on ethical polices are supplied with sturdy legal and
economic incentives via regulatory our bodies.

• Customer pleasure is a essential thing in a hit enterprise approach. Repeat

purchases/orders and enduring dating of mutual admire is important for the fulfillment of the
enterprise.

• Investors are involved about ethics, social responsibilities and reputation of the
business enterprise in which they invest. Investors are emerge as increasingly more aware
that an moral weather offer a foundation for performance.

• Regulators eye businesses functioning moral as accountable citizen. The regulator

need no longer usually screen the functioning of the moral sound corporations. The company
earns earnings and reputational profits if it acts inside the confines of enterprise ethics. To

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summaries, companies that are attentive to personnel’ desires have decrease turnover in
personnel.

Individual opinion of what is ethical varies, as a result the significance for the organization to
set standards that represent and are implemented at some stage in the company. The Human
aid team is the place to begin of ethical reformation in an enterprise. The careful selection
and education of the human resource team is vital if they are to teach other employees on
ethics. Sound ethical policies in a employer create a unified and morally sound approach to
commercial enterprise exercise.

Conclusion

Ethics are the constructing block of our society and hence must be the building block of our
co-operation. If you constructed that basis, each the ethical and the moral foundations, as well
as the enterprise. Then the constructing wouldn’t disintegrate. It isn't always critical to let
greed cloud judgment. It can be concluded that it is the excessive time enterprise ethics need
to be practices all around the globe inside the advantage of the not unusual society as defined
within the paper. It is not simplest inside the favour of the mass however also has advantages
for the corporate.

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COMPANY PROFILE

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Luminous Pvt. Ltd. Co. Gagret, Una

Type Private

Industry Packaged electricity, assorted technology, optimization electric

manage & safety and electricity

Founder Rakesh Malhotra

Headquarters New Delhi, India

Key peopleVipul Sabharwal (Managing Director)

Number of employees5,000+

HISTORY OF LUMINOUS PVT. LTD. CO. GAGRET, UNA

Luminous Pvt. Ltd. Co. Gagret, Una is a New Delhi based totally company which changed
into founded on 10 June 1988. By 1991, the first Luminous Inverter got rolled out. Three
years later the primary uninterrupted strength deliver tool (UPS) with the aid of the
organization turned into added to the marketplace. The subsequent six years have been spent

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in innovation and in addition enhancing its offerings. At the flip of the century the first
Luminous Inverter* become exported.

Luminous Pvt. Ltd. Co. Gagret, Una is a organization presenting answers for packaged
electricity, various technology, electrical manipulate & protection and power optimization.

Luminous Pvt. Ltd. Co. Gagret, Una is the main home electrical expert in India having a great
portfolio comprising of Power lower back up solutions including Home UPS, Inverter
Batteries and Solar Applications to Electrical offerings consisting of Fans, Wires & Switches.
With 7 production devices, more than 28 income workplaces in India and presence in over 36
international locations, our 5000 employees serve greater than 60,000 channel companions
and tens of millions of customers. Our motto has continually been Customer Delight thru
Innovation & Passion with recognition on Execution & Team-paintings.

At Luminous, we passionately innovate to make existence secure and efficient.”

Luminous is India's leading producer of various reliable and secure answers for packaged
power, varied technology, electrical manipulate & protection and strength optimization.

Offering a extensive range of merchandise beginning from Home Ups, Inverter batteries,
Fans (Designer Fans) to Solar Products, Luminous wants to upload higher efficiency and
better performance in electrical and packaged strength solutions sector. With over 5000
personnel, 7 manufacturing gadgets, 28 income offices across the country and extra than
60000 channel companions; Luminous is sincerely a generation and clever innovation pushed
organization. We care about our earth and consequently the goods are skillfully engineered to
be surroundings-friendly as well.

MISSION OF LUMINOUS PVT. LTD. CO. GAGRET, UNA

“Be the brand of desire for services and products that generate, manage, keep and use
electricity successfully. Through passionate humans we innovate to consistently deliver a
tangible aggressive benefit in reliability, provider and cost.”

VISION OF LUMINOUS PVT. LTD. CO. GAGRET, UNA

“Passionately innovate to make existence confortable and green.”

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CORE VALUES OF LUMINOUS PVT. LTD. CO. GAGRET, UNA

Customer Delight via innovation and ardour with consciousness on execution and teamwork
(togetherness).

GROWTH OF LUMINOUS PVT. LTD. CO. GAGRET, UNA

In the in the meantime, Luminous decided to manufacture batteries. As a effect a plant

become set up in 2004. In the identical 12 months Luminous entered into an settlement with
Eagle Picher Inc. A USA fundamental and a pacesetter in battery technology. Eagle Picher
Inc. Is an original system supplier to such diverse industries and sports as automobile, area,
chemical processing, and defense, environmental, medical and nuclear applications. Its
heavy-obligation customized batteries are working within the maximum disturbing situations
along with area ships and on planet Mars. The organisation offers a six-sigma technique that
gives them the worldwide reputation.

Soon after the settlement become signed, era flowed in from Eagle Picher Inc. And Luminous
launched a broadside at the battery market. A full variety of superior batteries for automotive
use, Home UPSs, tubular batteries and VRLA (valve regulated lead acid) SMF (sealed
renovation free) batteries were delivered to a market.

A separate settlement for electricity products became signed in 2006 with Hyundai to provide
the stop person with some other choice for electricity returned up answers based on advanced
Korean generation as well as leverage the robust Hyundai logo name.

CURRENT SCENARIO

Today, Luminous is a part of the Schneider Electric conglomerate.

At present, the business enterprise has seven production centers and an R&D center. It has
several patents to its credit within the inverter and battery production area. Taking gain of its
new parent’s international product and era platform, Luminous has ventured in electric
product area. The services encompass electric wires and cables, wiring protection gadgets
consisting of MCBs, RCCBs (styles of circuit breakers), distribution forums, all styles of
enthusiasts and modular switches. Luminous Pvt. Ltd. Co. Gagret, Una also are specializing
in renewable electricity inside the shape of sun panel and solar domestic lighting. It
additionally objectives to provide numerous sun programs to rural India as an alternative
electricity answer.

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MILESTONES

1988: Company based by means of Rakesh Malhotra with three humans.

1991: First Luminous Inverter rolled out.

1994: First Luminous UPS were given manufactured.

2000: First Luminous product exported.

2004: First battery production plant came into existence.

2004: Tie-up for battery generation with Eagle Picher Inc. USA.

2005: Luminous offered with Consumer World Award 2005.

2006: Tie-up with Hyundai, formation of Hyundai Power Products.

2006: Luminous provided with Consumer World Award 2006.

2007: Got Industry Leadership Award from Frost & Sullivan.

2007: Luminous awarded with Consumer World Award 2007.

2007: 1st Manufacturing facility out of doors India (Lang Ming, China)

2008: Luminous awarded with Consumer World Award 2008.

2010: Sachin Tendulkar appointed as the brand ambassador of Luminous.

2011: Luminous - Schneider Electric Joint Venture.

2011: Luminous stepped into the Electrical product area – Offers Fans, Switches, Wires,
Cables, MCBs, RCCBs & Distribution Board.

2011: Solar programs had been brought – Offers PV Modules, Solar Battery, Solar Home
Lamp gadget, Solar Lantern, Solar Charge controller, Solar Cracker and Solar Home UPS

2012: Luminous offered Super logo popularity.

2012: ISO 50001:2001 rating and MNRE: CRISIL Recognition.

2012: Luminous got Quality Brand Award 2012-14.

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2012: Rashtriya Udyog Ratna Award given to Mr. Manish Pant, MD, Luminous.

2012: Luminous got SME Channel Connect & Achievers Award 2012 – Received in ‘Best
Home UPS’ Category.

2012: Luminous were given SME Channel Connect & Achievers Award 2012– Received in
‘Best Inverter Battery’ Category.

2012: Best Power Back-up Solution Provider Company – Awarded to Luminous based totally
on the look at carried out by VAR India booklet residence.

2013: Luminous shortlisted with the aid of Agency for Non-Conventional Energy and Rural
Technology (ANERT) as a preferred corporation for Solar Roof Top Solutions in Kerala.

Pay scale

Average Salary for LUMINOUS Employees

Salary

By Years’ Experience By City

By State or Province By Skill/Specialty

By Industry By Gender

By Benefit/Perk

Employer: LUMINOUS

Average Salary Range by using Job

Years’ Experience National Salary Data

1-four years Rs. 273,595

(6 salaries)

five-nine years Rs. 400,000

(four salaries)

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10-19 years Rs. 631,006

(8 salaries)

Bonus

By Years’ Experience By City

By State or Province By Skill/Specialty

By Industry By Degree/Major Subject

Years’ Experience National Bonus Data

1-4 years Rs. 9,163

5-nine years Rs. 7,742

10-19 years Rs. 113,000

EXTRACTS OF ANNUAL RETURNS

REGISTRATIONS AND OTHER DETAILS

PRINCIPAL BUSINESS ACTIVITIES OF COMPANY

All the commercial enterprise activities contributing 10% or more of general turnover of the
agency will be said: -

PARTICULARS OF HOLDING, SUBSIDIARY AND ASSOCIATES COMPANY

CORPORATE SOCIAL RESPONSIBILITY POLICY

1. Philosophy

Luminous Pvt. Ltd. Co.Gagret, Una upholds it national, social and environmental
obligations at the best requirements. These requirements are a center a part of our business
values and operations as we passionately innovate solutions with a purpose to assist us meet

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and surpass the expectancies of our stakeholders, making Luminous an agent of trade and
satisfaction of their lives.

Corporate Social Responsibility (CSR) at Luminous underscores this dedication to our

stakeholders in the communities around our plant life, and includes in its wider scope to those
hired by its contractors and suppliers, making sure that they benefit from the employer’s
presence in their community.

Luminous company social obligation is rooted in the agency’s middle values of innovation
and ardour, driven to work as a team with many partners, to establish exquisite services and
products a good way to rework the lives of humans in our communities for higher, all the
time.

2. CSR Vision

The CSR philosophy outlined above, defines the strategic technique and choices that
Luminous is making to attain its CSR vision. We identify 4 key areas wherein Luminous will
improve its CSR efforts. These diagnosed areas can be aligned throughout all its target places
to make sure common consciousness and synergy in efforts.

(a) Education: To beautify and create possibilities for get right of entry to to proper pleasant
education, from number one education to better technical education, main to progressed
employment and all spherical development.

(b) Health: To make certain to be had, reachable and inexpensive true first-class healthcare
offerings within the nearby communities main to advanced proper health and well being

(c) Livelihoods: To create skilled and professional team of workers thru vocational &
livelihoods connected trainings making sure their participation in paintings.

(d) Environment: To increase environmental resilience by using offering groups with

solutions and merchandise to apply alternate and green electricity products and technology.

CSR activities shall be carried out at geographic regions adjacent our manufacturing devices.
Presently those are located at Gagret-Himachal Pradesh, Baddi-Himachal Pradesh and Hosur-
Tamil Nadu.

Three. Proposed CSR Initiatives

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It is Luminous policy:

(a) To direct Luminous CSR Programs, inter alia, closer to attaining one or greater of the
following _ helping rural improvement; selling training; offering preventive healthcare,
presenting sanitation and drinking water; growing livelihoods for people, specifically the
ones from disadvantaged sections of society, in rural and urban India; maintaining and
promoting sports; enhancing environmental and herbal capital;

(b) To develop the specified functionality and self-reliance of beneficiaries at the grass roots,
particularly of women, inside the belief that those are conditions for social and monetary
improvement;

(c) To interact in affirmative motion interventions which include talent building and
vocational schooling, to beautify employability and generate livelihoods for individuals from
disadvantaged sections of society;

(d) To pursue CSR Programs mainly in areas that falls inside the financial region of the
Company's operations to enable near supervision and make certain most development effect.

4. Implementation

To enforce the Company's CSR Programs via Company personnel or thru external
implementing companies and Trusts, Foundations and Section 8 agencies that can be
established by the Company once in a while.

Luminous might also rent one or extra body of workers to operationalize the CSR Policy and
comply with the implementation modalities as distinctive. Any training prices incurred at the
CSR team of workers and overall Luminous employees in matters of enticing with the
Company CSR Projects/Programs and growing their capacities to undertake CSR tasks on
behalf of the business enterprise can be met within the mandated 5% of typical CSR annual
budget, together with the expenditures on administrative overheads.

Five. Governance

(a) The CSR Committee will region for Board's approval, a CSR Plan delineating the CSR
Projects/Programs to be done at some point of a particular financial year and the desired

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budgets thereof. The Board will bear in mind and approve the CSR Projects/Programs and the
finances, with or without change(s), as it deems fit.

(b) The CSR Committee will assign the undertaking of implementation of the CSR Plan
inside authorized budgets and timeframes to such individuals or bodies or establishments, as
it can deem fit.

(c) The folks/bodies/institutions to which the implementation is assigned will carry out such
CSR Projects/Programs as decided by way of the CSR Committee within the unique budgets
and timeframes and record returned to the CSR Committee at the development thereon at
such frequency because the CSR Committee might also direct.

(d) The CSR Committee shall evaluate the implementation of the approved CSR
Projects/Programs at such periods as it is able to deem in shape to make certain early and
effective execution of the accredited CSR Projects/Programs according with this Policy.

(e) At the end of every economic yr, the CSR Committee will submit its document to the
Board which shall shape part of the Directors’ Report to the contributors of the Company.

6. CSR Expenditure

CSR expenditure will encompass all expenditure, direct and indirect, incurred with the aid of
the Company on CSR Programs undertaken in accordance with the approved CSR Plan.
Moreover, any surplus springing up from any CSR Programs or in a selected economic year
may be used for Company’s CSR sports simplest.

Leadership Positioning

Luminous Pvt. Ltd. Co. Gagret, Una : “A Dynamic employer catering excessive fine
Inverters, UPS, Batteries and Renewable Energy Products to the burgeoning call for of fast
developing economy.”

Bridge Building Meetings

We might line up pick relationship meetings for diagnosed key spokesperson(s), in cities they
could be journeying to.

Corporate Stories

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Initiate Stories in diagnosed media talking about the Commitment and funding in Indian
Market, Growth, and Future Plans

Highlighting Market share, Financial Results

Supported with World class production plant life

Demonstrating the sturdy community of Channel Partners and Suppliers

Industry Participation

Positioning the corporation spokesperson Industry Leader via collaborating in key activities

Highlight Group’s CSR tasks / Riding on Green Technology

Promote the corporate responsibility of the organization towards the society and Environment

Initiatives undertaken

Promote CSR as Group’s philosophy of giving lower back to the society and Mother Nature

Create TOMA

Highlighting the organisation as one of the great place to paintings.

Initiate HR testimonies in media on:

The awesome destiny planners turning dream into truth

Innovative HR regulations

Luminous people on the mission of powering the nation

Positioning in Industry Stories

Positioning LUMINOUS as a main energy and Energy Storage Company in all of the key
enterprise memories on-

Consumer Trends

Trade

Special Editions on Infrastructure and Living

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Other triumphing tale possibilities in media

Some Power Initiatives

Luminous walk thru with NDTV Profit

Special Corporate program that highlights the fulfillment / milestones / its awesome brand
positioning

Half an hour paid application aired twice with 25 promos

Luminous special collection on strength industry on NDTV income

The Idea: To tie up with NDTV to create a platform for a specialized 12 part series on energy
enterprise and Green technology

Objective: The program pursuits to deliver together a number of the fine minds in the area,
Business leaders, surroundings conservationists to speak about the opportunities and
demanding situations.

Impact- Luminous will get a more visibility and branding possibility as a main energy and
Energy Storage issuer devoted toward the Environment and society Company

India Economic Conclave on CNBC TV 18

The Idea: Luminous gives India Economic Conclave-India’s unmarried maximum powerful
platform

Theme- Building Modern and advanced India

Objective: The applications intention to carry collectively the leaders, the Visionaries, the
Powerful, the Influential, the choice makers.

The Strategy: A collection of characteristic suggests & panel discussions as a increase to the
conclave accompanied by the Conclave as a end result to the collection, wherein
representatives of the Government, enterprise & the purchasers will be gift.

Spokesperson Profiling showcasing Credibility and enterprise leadership

Establish Key spokesperson because the Industry Icon and visionary

Brand and Event PR

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To Showcase the PRODUCT OFFERING of Luminous and generating BRAND
AWARENESS by means of highlighting every man or woman product/brand within the right
aggressive set.

BY HIGHLIGHTING

Product Credentials

Latest route breaking capabilities. International requirements

Utility, Comfort, Quality standards accompanied.

Product Successes

Critical acclaim obtained via merchandise in portfolio.

Success stories.

Sales Performance

Product Superiority

New Product launches,

Product Reviews

Customer testimonial

Positioning in the proper aggressive set

Credibility and Leadership Stance

Establish key spokespeople as visionaries in the enterprise.

Segmented media positioning

Electronic- Stories and unique programs on New Product launches and new advertising and
marketing strategies accompanied with purchaser orientated programs

Special memories and enterprise inputs at the want and hastily changing customer tendencies
in Business, Lifestyle, Real Estate, Retail and Trade magazines on numerous tale pegs

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Regional Media- Marketing primarily based events and product bulletins to seem in all place
unique print, digital and vernacular media of particular city

Optimization of the Brand Ambassador

Press convention

One-on-one interviews

Participation in positive avenue shows for image possibilities & key messaging

Interviews with certain key international media

PR Coverage in media with respect to all exposure campaigns this is envisaged with him

Riding On Sachin

Stories in Branding and advertising dietary supplements on the improving graph of emblem
cost- Rational at the back of Sachin

Stories attractive the Nations spirit-connecting the Brand Anchor

A nationwide campaign to leverage the Brand Anchor’s pull thing

Dealer/ Channel associate meets

Highlighting Luminous Pvt. Ltd. Co. Gagret, Una investments in channel improvement and
its boom.

Showcasing Luminous logo because the synonym of highest standards of reliability, overall
performance and consistency.

Demonstrating the Channel partners involvement to work synergistically to set new overall
performance benchmarks for Indian Energy storage and electricity backup industry.

PRODUCT

1. HOME UPS: Home usaare devices that convert the direct present day (dc) of
powerful on-board inverter batteries to alternating present day (ac) for going for walks lovers,
lights and other electrical home equipment and additionally price the battery while there is
strength availability simultaneously.

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Over ultimate a long time, Luminous has delivered a number of fantastically
effective domestic u.S.A.Models which have changed the way power again up equipment
had been checked out in India. India continually targeted on consumer-centric innovation.
Luminous products have succeeded in turning into benchmarks for the complete industry
while supplying extremely good price to the clients.

2. ELECTRIC BATTERY: An electric battery is a device consisting of one or extra

electrochemical cells that convert saved chemical energy into electric strength. Each cell
includes a positive terminal, or cathode, and a poor terminal, or anode.

Over the time, batteries have lived up to the promise of handing over a dependable solution
for the power outages productiveness within the commercial environment and helped people
have continuity and comforts in their lives. Luminous gives inverter batteries, VRLA/SMF
batteries in conjunction with batteries for solar programs. We have heavy responsibility
traction batteries in our product basket as nicely.

3. SOLAR TECHNOLOGIES: Solar technology are widely characterised as either

passive or energetic relying at the manner they capture, convert and distribute daylight.
Active sun strategies use photovoltaic panels, pumps, and lovers to convert daylight into
useful outputs.

4. MODULAR SWITCHES: Luminous Clara switches unite beauty and practicality in a

modular package. Silver-inlayed contacts and sturdy dollies with a spring-charge mechanism
are built to resist full-size wear and tear, and could not malfunction from ordinary use. It’s all
small information that set Luminous Clara apart like fan regulatory knobs that flip equally
easily in each instructions, and LED signs that last 10,000 burning hours.

5. SOLAR POWER PRODUCTS: Solar technology are extensively characterised as

both passive or energetic relying at the manner. They capture, convert and distribute daylight.
Active sun techniques use photovoltaic panels, pumps, and fanatics to convert sunlight into
beneficial output. Passive solar techniques include deciding on substances with favourable
thermal houses, designing spaces that certainly circulate air, and referencing the placement of
a constructing to the solar.

6. WIND POWER AND WIND SOLAR HYBRID SYSTEM:We layout and

manufacture small wind power and wind solar hybrid systems that correctly convert the

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power of wind and sun sources for electricity generation at far off off grid vicinity and
provide low value energy whilst used as grid connection installations.

CONCLUSION

Ethics are the constructing block of our society and as a result need to be the building block
of our co-operation. If you built that foundation, both the moral and the ethical foundations,
in addition to the business. Then the building wouldn’t crumble. It isn't always crucial to
allow greed cloud judgment. It may be concluded that it's miles the high time business ethics
need to be practices all over the globe in the advantage of the common society as described
inside the paper. It is not simplest in the favour of the mass but additionally has blessings for
the company.

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