Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us  
Google
Web www.equitybulls.com
Stock Report

| More

Finolex Industries and its CSR partner's Relief Efforts

Posted On: 2020-08-01 21:58:42


Finolex Industries Limited (FIL) CSR Partner Mukul Madhav Foundation (MMF) has been at the forefront of the crisis situation, working relentlessly to assist the vulnerable communities as well as the front line warriors.

No stone has been left unturned - from distributing dry grocery kits to daily wage earners, migrants, plumber communities as well as collaborating with Anamitra and Vikas Khanna's Feed India has enabled one lac individuals across the country to get a wholesome meal, 13,000 migrants travelling out of Pune have been assisted with foot ware and food for their journey, working with Zariya - a Salim- Sulaiman initiative to support local musicians in Rajasthan who have lost their lively hood, reaching out to the transgender community in Pune to provide them with ration and providing an employment opportunity to HIV affected individuals by deploying them to stitch cloth masks - MMF has had a widespread reach and are continuing to explore avenues to help the susceptible communities across the country.

This is just the tip of the iceberg. MMF is a friend to hospitals across Pune city and has been instrumental in fulfilling their needs of life saving equipment, sanitizers, masks & PPE suits. Monthly kindness kits are sent across hospitals for doctors and nurses as a gesture to thank and acknowledge their efforts at the frontline. Owing to a grand gesture by Venky's they ensured distribution of more than a lac eggs to hospital canteens so patients could get a protein rich meal. Collaborating with like-minded individuals, donors and volunteers enabled the foundation to amplify its efforts and reach. MMF also partnered with other NGO's to come together to the rescue of approximately 20,000 victims of Cyclone Nisarg, Cyclone Amphan and now more recently Assam floods. In the East they worked with their ground partner Rangeen Khidki.

While battling the crisis MMF did not lose focus of their existing projects. MMF came to the rescue of the 960 Cerebral Palsy adolescents they have been looking after since 2015 and ensured their therapy did not come to a standstill due to the lockdown. Instead the team at MMF launched physiotherapy and yoga sessions on the local news TV channel in rural Maharashtra so the patient could tune in and continue their physical exercise routine. The 680 children who study at their school, Mukul Madhav Vidyalaya in Gholap, Ratnagiri where quickly facilitated with online classes so that their learning curve and progress did not slow down.

MMF strived to complete the circle of kindness by providing seeds and training to 150 families who were returning home with no jobs from Mumbai to Palghar district so they could resort to farming and be self-reliant.

During this pandemic we also witnessed unrest at the border wherein 20 brave hearts sacrificed their lives in Galwan Valley in the Ladhak region. Mukul Madhav Foundation reached out to each of their families and provided financial support. Additionally, Mahabodi International Center, Ladhak was also supported with funds to meet their needs, as ever since lockdown tourists have not been visiting this center.

We are aware the grip of the virus will not loosen any time soon - we are working hard to ensure we can continue to have the support of global citizens, raise funds timely and be available to assist those in need.

Managing Trustee, Mrs. Ritu Prakash Chhabria said, "I am grateful to the friends of Mukul Madhav Foundation, individual and corporate donors, volunteers and other NGO's who partnered with us to stand in the face of this pandemic with a brave heart."

Shares of FINOLEX INDUSTRIES LTD. was last trading in BSE at Rs.463 as compared to the previous close of Rs. 465.25. The total number of shares traded during the day was 6145 in over 375 trades.

The stock hit an intraday high of Rs. 465.5 and intraday low of 458.5. The net turnover during the day was Rs. 2844545.


Source: Equity Bulls

Click here to send ur comments or to feedback@equitybulls.com





Other Headlines:

UFO Moviez India Limited raises stake in Cinestaan Digital Pvt Ltd to 27.73%

Glenmark to divest select Anti-Allergy brands to Dr Reddy's in Russia, Ukraine, Kazakhstan and Uzbekistan in anticipation of its 'Ryaltris' Launch

Indiabulls Housing Finance Ltd has further sold part of stake in OakNorth Holdings Ltd for Rs. 93 crore

Unichem Laboratories receives ANDA approval for Atenolol and Chlorthalidone Tablets

KDDL Limited increases stake in Ethos Ltd to 74.80%

Dr. Reddy's to acquire select Anti-Allergy brands from Glenmark in Russia, Ukraine, Kazakhstan and Uzbekistan

India Grid Trust to acquire 74% stake in Parbati Koldam Transmission Company Limited from Reliance Infrastructure Ltd

Gufic Biosciences Limited granted Tigecycline patent by Eurasian Patent Office

Infibeam Avenues Limited receives NCLT approval for Composite Scheme of Arrangement

Transformers and Rectifiers India Ltd bags order of Rs. 98 crores from GETCO

Gayatri Projects Ltd receives LOA for Rs. 395.98 crore project in UP

Capital Trade Links Limited launches new loan application - UrgentCash

Hon'ble Prime Minister of India, Shri Narendra Modiji's inspiring presence at the Zydus Biotech Park

IRDAI approves swap of Mitsui Sumitomo's Max Life stake with its listed parent Max Financial Services

SRF Limited commissions resin plant on Nov 27, 2020

Fire incident at ITI Limited's Rae Bareli plant

Vaibhav Global's UK Subsidiary, Shop TJC, Launches TJC PLUS, a Membership Program Offering Free & Fast Delivery

AstraZeneca signs MoU with Indian Diabetes Research Society (RSSDI) to empower 1 Crore Indian Diabetic patients by 2023

Kolte-Patil completes final tranche payment of Rs. 70 crore for buy-out of ICICI Venture's 50% stake in Life Republic Township Project in Pune

Mphasis Granted U.S. Patent for Its Autocode.AI, which automates software code development

Vi unveils a collaborative program to offer a range of customer benefits for Learning & Upskilling, Health & Wellness, and Business Help

Burger King India Limited IPO to open on Wednesday, December 2, 2020

Hero MotoCorp appoints Michael Clarke as COO

Vaibhav Global's US Subsidiary, Shop LC, Named 2020 Business Champion Award Recipient by Austin Chamber of Commerce for Supporting Schools

Garware Technical Fibres Limited board approves buyback of 3,17,391 shares at Rs. 2300 per share

Groundbreaking ceremony of India's first pressmud to compressed biogas plant in Karnataka

Manappuram Finance Limited to raise funds through borrowings

Ashok Leyland Renames Optare Group Ltd as 'Switch Mobility' - Unveils Global Electric Vehicle plans

OMDC receives approval for disposal of undisposed stock of minerals from Bhadrasahi Iron & Manganese Mine

RBL Bank flags off the 7th edition of 'UMEED 1000' Cyclothon

G E Shipping contracts to sell its two oldest Suezmax Crude Carriers 'Jag Lateef' & 'Jag Laadki'

Sinclairs Hotels announces launch of Sinclairs Gangtok the 8th property in the Sinclairs chain

BHEL establishes new record with India's highest-rated Auto Transformer

ABB launches new series of high-output motors in India

TVS Motor Company unveils A.R.I.V.E App for customers

JTL Infra Ltd updates on supplies and orders of G.I. Pipes under Jal Jeevan Mission

Union Bank of India raises Rs. 1000 crore through Basel III Compliant Tier II bonds

Hitachi ABB Power Grids teams up with Ashok Leyland in e-bus pilot at IIT Madras campus

SJVN Ltd announces financial closure for 1320 MW Buxar Thermal Power Project

Adani Transmission completes acquisition of Alipurduar Transmission for an enterprise value of around INR 1300 Cr

Talbros Automotive Components Limited enters into Technical Assistance Agreement with Japan based 'Sanwa Packing Industry Co. Ltd'

Kalpataru Power Transmission Limited completes stake sale in Alipurduar Transmission Limited

Lakshmi Vilas Bank has written down bonds aggregating to Rs. 318.20 crore

Ujjivan Small Finance Bank Limited gets nod for shifting registered office to Bengaluru

CoSara Diagnostics Private Limited receives permission from CDSCO to manufacture COVID-19 test with two target genes

AU Small Finance Bank Limited makes equity investment in NPCI

MT Educare Limited announces financial results for the period ended June 30, 2020

NMDC bestowed with the National HR Best Practice Award by NIPM

Shri M V Iyer assumes charge as Director (Business Development), GAIL

SpiceJet launches dedicated cargo flights to Leh ensuring timely & seamless supply of essentials during winters



Website Created & Maintained by : Chennai Scripts
West Mambalam, Chennai - 600 033,
Tamil Nadu, India

disclaimer copyright © 2005 - 2019