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Responsibility towards society has always been a fundamental pillar of Prasad Sugar and Allied Agro Products Limited’s vision. Long before CSR became a statutory obligation, the leadership of Prasad Sugar emphasized giving back to the community, particularly to the rural and agrarian sectors that form the backbone of its operations.
Inspired by the values of service, sustainability, and inclusive growth, the company has consistently engaged in initiatives aimed at improving the quality of life for people in and around its areas of operation.
In alignment with Section 135 of the Companies Act, 2013, Prasad Sugar has formally adopted a CSR Policy approved by its Board of Directors. The company regularly undertakes projects in compliance with government norms while also going beyond them to meet local needs.
Key Areas of CSR Focus:
Special emphasis is placed on CSR initiatives within the vicinity of the company’s plant, ensuring that the local community directly benefits from the company’s presence.
Through its CSR efforts, Prasad Sugar and Allied Agro Products Limited strives not just to fulfil its legal responsibilities, but to become a trusted partner in community development and nation-building.
At Prasad Sugar and Allied Agro Products Ltd., we deeply value the hard work and dedication of our employees. As part of our continuous commitment to employee welfare and social responsibility, we have introduced a “Student Excellence Recognition Program” to encourage academic achievement among the children of our workforce.
To promote education and reward academic excellence by providing incentives to children of our employees who perform exceptionally well in their 10th and 12th standard board examinations.
Securing the Future of Our Employees
Since 2011, Prasad Sugar & Allied Agro Products Ltd. has provided statutory EPF benefits to approximately 400 employees, helping them build retirement savings and long-term financial security. Employees also receive assistance with UAN activation, KYC updates, claim processing, and other EPF services for seamless access to their benefits.
Key Highlights:
Protecting Employees When It Matters Most
Prasad Sugar & Allied Agro Products Ltd. provides Workmen’s Compensation Insurance for permanent, seasonal, and trainee employees, ensuring financial protection and timely medical support in the event of workplace accidents. The company also promotes workplace safety through PPE, safety training, awareness programmes, and mock drills.
Key Highlights:
Promoting Health, Wellness & Social Responsibility
Employee well-being is at the heart of our workplace. Every year, the company organizes biannual health check-up programmes and blood donation camps in association with Anandrishi Ahilyanagar Hospital, promoting preventive healthcare, early diagnosis, and community service
Encouraging Academic Excellence
Since 2020, the company has recognized the academic achievements of employees’ children by honouring SSC and HSC students scoring 60% and above with cash awards, appreciation certificates, and complimentary sugar.
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Standing Together During Challenging Times
The Emergency Financial Assistance Scheme provides timely financial support to employees facing accidents, critical illnesses, natural calamities, and other unforeseen emergencies, helping them overcome difficult situations with confidence.
Building a Safe and Secure Workplace
Employee safety is a core priority at Prasad Sugar & Allied Agro Products Ltd. The company provides high-quality Personal Protective Equipment (PPE) and conducts regular safety training to promote accident prevention and safe working practices.
Promoting Team Spirit & Employee Engagement
Every year during the Ganesh Festival, the company organizes sports and cultural activities that encourage teamwork, strengthen relationships, promote work-life balance, and create a vibrant workplace culture.
Sharing the Joy of Life’s Special Moments
To support employees during important family milestones, the company provides 150 kg of complimentary sugar for the marriage of eligible employees and their children, reinforcing its commitment to employee and family welfare.
Empowering Girls Through Education
Introduced in 2025, this scheme provides a 50% concession on college tuition fees for employees’ daughters, encouraging higher education while reducing the financial burden on families.
Recognizing Excellence. Inspiring Performance.
Introduced in 2026, this policy recognizes employees who demonstrate outstanding performance, discipline, innovation, and professional excellence through annual awards and recognition.
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