India Shelter Finance Corporation CSR Spending Report of Rs 4.58 Crore for FY25

India Shelter CSR Spending Report 2025 Highlights Major Investments in Healthcare, Education, Sustainability and Inclusive Development

NEW DELHI (India CSR): For families living in India’s Tier II and Tier III towns, a home represents far more than shelter—it symbolizes dignity, stability, and the first step toward long-term security. India Shelter Finance Corporation Limited, a leading housing finance provider focused on underserved communities, has consistently recognized that its responsibility extends beyond financial services.

In its latest Integrated Annual Report for FY 2024–25, the company revealed a strong social commitment through its Corporate Social Responsibility (CSR) initiatives. During the year, India Shelter Finance Corporation Limited spent a total of Rs 4.58 crore on CSR programmes, exceeding its statutory requirement and supporting thousands of vulnerable individuals across healthcare, education, environmental sustainability, and livelihood-building initiatives.

This approach reflects the company’s belief that inclusive growth must combine housing access with community empowerment.

Table: India Shelter Finance Corporation Limited CSR Spending FY 2024–25

ParticularsDetails

Company Name	India Shelter Finance Corporation Limited
Financial Year	FY 2024–25
Applicable CSR Law	Section 135, Companies Act, 2013
Prescribed CSR Obligation (2%)	Rs 4.54 crore (Rs 453.55 lakh)
Total CSR Expenditure (Actual Spend)	Rs 4.58 crore (Rs 457.83 lakh)
Excess CSR Spend	Rs 4.28 lakh (Rs 4,27,800)
Unspent CSR Amount	Nil
CSR Project Expenditure	Rs 4.35 crore (Rs 435.15 lakh)
Administrative Overheads	Rs 22.68 lakh
Primary CSR Focus Areas	Healthcare, education, sustainability, skill development
Key Healthcare Partner	Impact Guru Foundation
Healthcare Beneficiaries Covered	Over 30,000 individuals
Locations of Mobile Healthcare Units	Nagpur, Kota, Indore, Delhi-NCR
Leukemia Support Partner	Bansi Vidya Memorial Trust
Beneficiaries Supported (Leukemia Programme)	170 girls
Mid-Day Meal Partner	Akshaya Patra Foundation
Children Benefited Through Nutrition Support	675 schoolchildren
Environmental Initiative	Afforestation Drive
Trees Planted in FY 2024–25	25,000 trees (Haryana)
Skill Development Programme	Apprenticeship Programme
Apprentices Trained	520 youth
Inclusion Partner	Paralympic Committee of India
Differently-Abled Beneficiaries Supported	12 individuals
CSR Committee Chairperson	Savita Mahajan
CSR Committee Members	Rachna Dikshit, Sumir Chadha
CSR Committee Meetings (FY 2024–25)	2

As mandated under Section 135 of the Companies Act, 2013, companies meeting prescribed thresholds must spend at least 2% of their average net profits from the previous three years on CSR activities.

For the financial year ending March 31, 2025:

• India Shelter’s prescribed CSR obligation was Rs 4.54 crore (Rs 453.55 lakh).
• The company’s actual CSR expenditure stood higher at Rs 4.58 crore (Rs 457.83 lakh).

This demonstrates a conscious decision to go beyond compliance and deepen its social footprint.

Break-up of CSR Expenditure

India Shelter’s CSR spending was strategically allocated across:

• Direct project expenditure: Rs 4.35 crore (Rs 435.15 lakh)
• Administrative overheads: Rs 22.68 lakh
• Excess spend: Rs 4.28 lakh, which the company plans to carry forward for future CSR set-off

Importantly, the company reported no unspent CSR balance, reflecting efficient utilisation and timely implementation.

Healthcare as a Core CSR Priority: Reaching Over 30,000 Lives

Healthcare formed one of the strongest pillars of India Shelter’s CSR work in 2025, especially in regions where access to medical services remains limited.

In partnership with the Impact Guru Foundation, the company funded mobile healthcare units operating across Nagpur, Kota, Indore, and Delhi-NCR. These units delivered doorstep medical services such as:

• General health check-ups
• Diagnostic testing
• Prenatal and maternal care
• Cataract surgeries and specialised interventions

Through this initiative alone, India Shelter’s CSR programmes benefited more than 30,000 individuals, bringing healthcare access directly to underserved communities.

Supporting Children Battling Serious Illness

Beyond community healthcare, India Shelter also extended support to children facing life-threatening diseases.

In collaboration with the Bansi Vidya Memorial Trust, the company provided assistance to young girls undergoing leukemia treatment. The programme focused on:

• Awareness generation
• Financial support for treatment
• Strengthening emotional and community backing

During FY 2024–25, this initiative directly supported 170 beneficiaries, offering hope where medical costs often become overwhelming.

Education and Mid-Day Meals: Fighting Hunger in Classrooms

India Shelter’s CSR vision recognizes that education is central to breaking cycles of poverty. But learning cannot thrive on an empty stomach.

To address classroom hunger, the company partnered with the Akshaya Patra Foundation, one of India’s largest mid-day meal providers.

Key support included:

• Procurement of a food distribution vehicle
• Supply of specialised food vessels
• Strengthening meal delivery infrastructure in Bhilwara, Rajasthan

As a result, 675 underprivileged schoolchildren received nutritious mid-day meals, improving attendance, concentration, and overall educational outcomes.

Environmental Sustainability: 25,000 Trees Planted in Haryana

Aligning CSR with its ESG priorities, India Shelter made notable investments in environmental sustainability.

A flagship green initiative during FY 2024–25 was a large-scale afforestation drive in Haryana, where the company supported the plantation of:

• 25,000 trees

This project aims to contribute to:

• Reforestation
• Biodiversity enhancement
• Creation of wildlife habitats
• Improved ecological balance

Additionally, the company introduced financing products that enable customers to install solar panels, supporting clean energy adoption while reducing household electricity expenses.

Skill Development and Youth Empowerment

India Shelter’s social investment also focuses on enabling economic independence through skill-building.

A major highlight of 2025 was the company’s Apprenticeship Programme, through which:

• 520 apprentices were trained across branches and head office functions

Participants gained:

• Hands-on professional exposure
• Mentorship from experienced managers
• Employment-oriented financial sector skills

This initiative helps create a strong pipeline of young talent while supporting livelihood development.

Inclusion and Support for Differently-Abled Athletes

In an effort to promote inclusivity, India Shelter partnered with the Paralympic Committee of India, supporting empowerment initiatives for physically challenged individuals.

During FY 2024–25:

• 12 beneficiaries were supported through this collaboration

Such initiatives reinforce the company’s commitment to equal opportunity and social inclusion beyond mainstream development programmes.

CSR Governance: Strong Oversight Through ESG & CSR Committee

India Shelter ensures transparency and accountability through a dedicated Environment, Social, Governance and CSR Committee.

As of March 31, 2025, the committee included:

• Savita Mahajan – Independent Director (Chairperson)
• Rachna Dikshit – Independent Director
• Sumir Chadha – Non-Executive Director

The committee met twice during the year:

• May 08, 2024
• February 06, 2025

These meetings focused on approving action plans, reviewing implementation, and ensuring compliance with Schedule VII of the Companies Act.

A Model of Inclusive Growth Beyond Housing Finance

India Shelter’s CSR performance reflects its broader mission rooted in inclusive development. With 72% of its Assets Under Management (AUM) dedicated to Low-Income Group (LIG) and Economically Weaker Section (EWS) borrowers, the company’s business model naturally aligns with social upliftment.

Guided by its “GOLD” principles—Grow distribution, Optimize sustainability, Leverage technology, Diversify responsibly—India Shelter continues building an ecosystem where financial services and community welfare go hand in hand.

Conclusion: CSR That Builds More Than Homes

India Shelter Finance Corporation Limited’s CSR report for 2025 is a testament to the idea that housing finance institutions can play a transformative role beyond lending.

By spending Rs 4.58 crore across healthcare, education, sustainability, and skill development, the company has extended a meaningful “ray of hope” to tens of thousands of individuals.

In India’s journey toward inclusive progress, India Shelter is proving that the foundation of development is not only built with bricks and loans—but with compassion, responsibility, and sustained community investment.

(India CSR)