TVS Motor Company, a reputed manufacturer of two-wheelers and three-wheelers in the world, today announced a contribution of Rs. 5 Crores towards Tamil Nadu Chief Minister's Public Relief Fund to aid the battle against COVID-19. The contribution was made through Srinivasan Services Trust (SST) - the CSR arm of TVS Motor Company.
In addition to this, TVS Motor Company and Group Companies have already pledged Rs. 25 Crores to the PM's Relief Fund (PM-CARES).
Here are some of the initiatives undertaken by Srinivasan Services Trust in Tamil Nadu:
- Making and supplying 1 Million protective face masks for essential service providers within the state
- Deploying vehicles and disinfectants to municipalities within the state
- Employing factory kitchens at the manufacturing units in Hosur and Padi to make pre-packed cooked meals. These are supplied to all essential care workers in the vicinity, from police personnel, municipal staff to healthcare workers
- SST also handed over a 'Disinfectant Spray Cannon' vehicle to the Corporation of Chennai to aid in disinfecting areas and localities through chemical spraying
Shares of TVS MOTOR COMPANY LTD. was last trading in BSE at Rs.297 as compared to the previous close of Rs. 304.2. The total number of shares traded during the day was 51868 in over 1240 trades.
The stock hit an intraday high of Rs. 302.75 and intraday low of 287.35. The net turnover during the day was Rs. 15206772.