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Kamdhenu Group donates Rs.71 Lakhs to PM-CARES Fund for COVID-19 pandemic

Posted On: 2020-07-30 03:10:36


Kamdhenu Group, a well-diversified player in the steel and paints industry, has donated Rs.71 lakhs to the Prime Minister-CARES Fund to support the on-going relief efforts being undertaken in the current COVID-19 pandemic situation. The Company, Kamdhenu Limited, undertook this initiative under its CSR wing, Kamdhenu Jeevandhara Foundation.

The Company had appealed to its employees, dealers and distributors to donate into the PMCARES Fund to support the current social cause and it not only collected funds from them but also itself contributed towards the same.

Kamdhenu Group undertook various initiatives during the current Covid-19 pandemic situation such as financial aid & free ration distribution to the masons/painters. In addition, it donated sanitizing tunnels to the government authorities and also distributed free masks and sanitizers among the needy public at large through the dealers & distributors to tackle the Covid-19 spread.

Mr. Satish Kumar Agarwal, Chairman and Managing Director of the Kamdhenu Group, said, "Kamdhenu Group is always committed to stand with our workers, associates and people, especially during this tough time of a Covid-19 pandemic outbreak. In the current crisis, we at Kamdhenu, are continuously making our best efforts to give full support to the public at large."

'Kamdhenu Jeevandhara Foundation' has been instrumental in supporting the society through its social welfare initiatives on a regular basis. It has organized various blood donation camps across the country and has also educated people on the benefits of donating blood regularly. It also organizes various welfare camps for handicaps wherein, they are provided with free artificial limbs, wheelchairs, walkers, polio calipers and other body-aid instruments. Even medicines &counseling to the patients and their families are delivered absolutely free of charge. Kamdhenu Jeevandhara Foundation has associated itself with NGOs and autonomous bodies to help the differently-abled through different means of relief. The Company donated various medical equipments for testing in laboratories to hospitals who are providing free healthcare services to the public. It recently donated an ambulance to Rotary Club Bhiwadi to help augment the healthcare services in the district.

Shares of Kamdhenu Ltd was last trading in BSE at Rs.72.95 as compared to the previous close of Rs. 70.25. The total number of shares traded during the day was 1273 in over 12 trades.

The stock hit an intraday high of Rs. 73 and intraday low of 70.05. The net turnover during the day was Rs. 90585.


Source: Equity Bulls

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