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Finolex Industries Ltd and Mukul Madhav Foundation bags 'Best CSR Integrated Business' Award

Posted On: 2017-09-28 20:39:00


- Receives award from National CSR Leadership Congress & Awards
- Bags award for exemplary works in the field of CSR(Corporate Social Responsibility)

Finolex Industries Ltd, (FIL) a leading manufacturer of PVC pipes and fittings in India along with its CSR partner Mukul Madhav Foundation (MMF) was awarded the 'Best CSR Integrated Business' in the organizational category under National Award for Excellence in CSR & Sustainability by the National CSR Leadership Congress & Awards. The award ceremony was held on 20th September, 2017 in Bengaluru. Finolex Industries was recognized for their exemplary work in community development and making it a part of their everyday business practice with their CSR partner Mukul Madhav Foundation.

The focus at FIL and MMF has been on a holistic development of communities through inititiaves on healthcare, educational and social welfare assistance to the underprivileged. Over the years, their strong vision and determination has enabled to touch thousands of lives, spread infinite smiles and promote a culture of giving. This shared vision facilitated FIL and MMF to bag this award for their overall contribution in the sectors it operates.

Speaking on this occasion, Mrs. Ritu Chhabria, Managing Trustee, Mukul Madhav Foundation said "We are very delighted with this prestigious recognition from the National CSR Leadership Congress & Awards. This award is a testimony to how we at Finolex Industries and MMF believe that the road to a sustaibale business is through doing our bit for the community." She further added, "The main pillars of CSR and sustanibility practice at Finolex and MMF are Philanthropy, Environmental Responsibility, Inclusive Growth and Effective Collaboration. Through our association with different entities we try and reach out to people who require our support."

Shares of FINOLEX INDUSTRIES LTD. was last trading in BSE at Rs.615.45 as compared to the previous close of Rs. 607.55. The total number of shares traded during the day was 7367 in over 345 trades.

The stock hit an intraday high of Rs. 624 and intraday low of 603.25. The net turnover during the day was Rs. 4511899.


Source: Equity Bulls

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