On 9 August, 2019, UBS Forums curated a Corporate Social Responsibility Summit & Awards 2019 at ITC Maurya, New Delhi. Here, Avana, a for-profit B2C division at Emmbi Industries Limited was the winner of two prestigious awards for its innovative water conservation idea.
Avana's water conservation concept was conferred the Best Innovative CSR Project in the Industrial Sector, presented by Meenakshi Batra, CEO, CAF India.
Avana's field team having completed multiple projects successfully, they were also conferred with the Best CSR Implementing Partners Award in the Industrial Sector, presented by Abhishek Mahapatra, Vice President & Head of communications, Corporate Affairs & CSR of Nissan India.
Through Avana's mission of developing affordable technological solutions that bring farmers out of hunger and poverty, it has impacted the lives of over 30,000 people. Through Jalasanchay, the world's most affordable rain water harvesting solution, it has conserved over 232.8 Billion Liters of Water.
Avana works in partnership with non-profits, where they provide the funds and Avana acts as an implementation partner for beneficiary farmers. Avana's work was recognized because it has the highest population beneficiaries per rupee spent. The comprehensive water conservation solution is available at a cost of 1 paisa / liter / year, which is 1/10 of the cost of traditional solutions.
Shares of Emmbi Industries Ltd was last trading in BSE at Rs.126.65 as compared to the previous close of Rs. 128. The total number of shares traded during the day was 1122 in over 32 trades.
The stock hit an intraday high of Rs. 126.65 and intraday low of 122.25. The net turnover during the day was Rs. 139790.