Social Welfare Corporation Anguk Zen Center in South Korea, headed by the Venerable Abbot, Subul Sunim, in an exceptional gesture of humanitarian support and solidarity between the two nations, donated one lakh health masks for free distribution to aid India's fight against the COVID-19 pandemic. The donation was coordinated by K-Art International Exchange Association in Korea and InKo Centre in India.
The consignment (estimated at 150 Million Korean Won) was handed over today, to Mr. Venu Srinivasan, Chairman, TVS Motor Company, and Managing Trustee, Srinivasan Services Trust; Chairman, InKo Centre and Goodwill Envoy for Culture and Diplomacy of the Republic of Korea, for free distribution through the Srinivasan Services Trust, the social service arm of TVS Motor Company.
Mr. Venu Srinivasan Chairman, TVS Motor Company & Managing Trustee, Srinivasan Services Trust said, "I would like to extend my sincere gratitude and deepest appreciation to the Venerable Abbot, my revered teacher, Subul Sunim for this compassionate gesture of donating 1 Lakh masks to InKo Centre. We welcome what is indeed a most timely and valuable donation in these challenging times, when wearing masks, following strict rules of sanitation and hygiene and maintaining social distancing is the 'new normal'. We will ensure that the masks are widely distributed to local communities across the country through the Srinivasan Services Trust, the social service arm of TVS Motor Company. This unique civilian gesture of goodwill and support from Busan to Chennai truly epitomizes the warmth and depth of the valued relationship between the two nations."
Mr Young-seup Kwon, Consul General of the Republic of Korea in Chennai, said "The global pandemic is by far one of the most serious challenges humanity has ever faced. We can overcome this challenge by staying strong and working together. This cooperation at this civil society level clearly shows how much ordinary Koreans and Indians care for each other and we can overcome this challenge by standing together."
These high-quality masks produced by BlueIndus Co. Ltd were specially provided by CEO Jeong Cheon-sik for distribution in India. The masks were shipped to India, courtesy Mr. Yang Jae-saeng, CEO of Eunsan Shipping Air, Korea.
Shares of TVS MOTOR COMPANY LTD. was last trading in BSE at Rs.457.35 as compared to the previous close of Rs. 461.75. The total number of shares traded during the day was 32400 in over 812 trades.
The stock hit an intraday high of Rs. 465.6 and intraday low of 454.8. The net turnover during the day was Rs. 14897605.