Mutual Funds Commodities Research Tax Planning IPO Our Team Contact Us    
Stock Report

| More

Dabur Group earmarks Rs 21 Crores towards Support and Relief Activities

Posted On: 2020-04-07 15:02:08

The Dabur Group pledges support towards India's Fight against the COVID-19 by lending a hand to the Government's efforts to endure the social and economic impacts of the Coronavirus pandemic as well as protecting vulnerable populations by enabling access to food and essential supplies.

Towards this end, the Dabur Group has established a 'Dabur Care Fund for COVID-19', to protect lives and livelihood, and support those affected by the COVID-19 pandemic. We have earmarked a fund of Rs 21 Crores towards Relief efforts, helping meet immediate needs of those most affected by this pandemic. Out of this pledged amount, a sum of Rs 11 crores is being contributed to Prime Minister's Citizen Assistance and Relief in Emergency Situation Fund (PM CARES Fund) by Dabur India Limited and other entities in the Group.

"For the past 135 years, Dabur has been sworn to its motto of being dedicated to Health and WellBeing of every household. As a Group, we understand the importance of giving back to the communities where we operate. In these unprecedented times, the Dabur Group is committed to caring for the health and well-being of our partners and customers, while playing a constructive role in supporting the individuals on the frontlines of this battle against COVID-19," Dabur India Ltd Chairman Mr. Amit Burman said.

The Dabur Group will provide support in three areas: Donation to PM CARES Fund; assistance for those individuals engaged in frontline efforts to fight the virus; and support to members of vulnerable sections of the society and migrant workers, who are the hardest hit by this pandemic.

Commitment from our employees: Employees of Dabur India Ltd have decided to contribute one-day Gross Salary towards relief measures for COVID-19. The funds raised will be donated to PM CARES Fund.

Protective Kits for frontline Police Personnel: The Dabur Group has started providing Health & Hygiene Kits to Police Personnel across the country as they work towards ensuring the safety of citizens during the lockdown period. These kits include Face Masks, Hand Sanitisers and immunityboosters medicines like Dabur Chyawanprash.

Immunity and Nutrition support to communities and migrant workers: Hunger has emerged as a big challenge due to COVID-19 with a large number of migrant and daily-wage workers struggling each day for essentials to survive. We are working with local NGOs and community leaders in extending support towards provision of nutritious meals and medicines to people in need during this lockdown. We are also providing range of our hygiene products, like Hand Wash and Hand Sanitisers, to various hospitals set up for COVID-19. One of the group companies, Lite Bite Foods, is preparing and supplying around 2,500 meals every day for the migrant workers. Another group company Oncquest Laboratories is endeavouring to undertake COVID-19 tests for a significant number of BPL patients free of cost.

Support to Frontline Staff: With the entire country under lockdown, the frontline staff at Dabur and our distributor partners have been working towards ensuring regular supply of medicines, essential products, food and hygiene products to citizens. We have rolled out a special Insurance scheme 'Dabur Aashray' for over 600 individuals who are currently not covered under the Corporate and State Insurance Scheme to support them and take care of their medical needs in case of any emergency arising out of COVID-19.

Within our Factories: As we ramp up production of essential and hygiene products and medicines to meet the growing need in the marketplace, we have put in place strict safety and hygiene measures at our manufacturing units to ensure the safety of our workers. Deep cleansing of all premises has been under undertaken and strict hygiene measures, including social distancing, are practised to ensure the well-being of each worker within the factory premises.

Supporting our employees: At Dabur, employee safety and well-being are incorporated in every aspect of our business and operations. As the world around us spiralled into an all-consuming global crisis called COVID-19, we have initiated 'Work from Home' for all office-based employees, and have been regularly communicating with all employees to check on their general health, besides motivating them during this lockdown period. We will distribute Health and Hygiene kits (including hand sanitisers, face masks and immunity-boosting medicine) to all employees.

"In these precarious and uncertain times, the Dabur Group will continue to explore ways to leverage its resources and intensify efforts to overcome the unprecedented challenges that we now face as a society. We will continue to monitor the situation and accordingly align our Social Development and Outreach endeavours," Dabur India Ltd Former Chairman Dr. Anand C Burman said.

Shares of DABUR INDIA LTD. was last trading in BSE at Rs.428.3 as compared to the previous close of Rs. 434.9. The total number of shares traded during the day was 104924 in over 3297 trades.

The stock hit an intraday high of Rs. 453.9 and intraday low of 424. The net turnover during the day was Rs. 45651003.

Source: Equity Bulls

Click here to send ur comments or to

Other Headlines:

PNB Gilts Ltd reports Q4 FY2020 PAT of Rs. 99.01 crore

Igarashi Motors India Ltd posts Q4 FY20 net profit of Rs. 2.17 crore

Ashok Leyland launches AVTR - its BS-VI compliant Modular Trucks

PNB Gilts Ltd board recommends final dividend of Rs. 3 for FY2019-20

Lupin and Mylan receive European marketing authorization for Nepexto®, Biosimilar Etanercept

Igarashi Motors India Ltd board recommends dividend of Rs. 1.20

APL Apollo Unveils 'Apollo Fencing Solution' that Blends Protection with Aesthetics

NIIT Ltd Q4 consolidated PAT at Rs. 0.59 crore

Tourism Finance Corporation of India Ltd Q4 PAT falls to Rs. 12.17 crore

Let's Do It India Network in collaboration with Finolex Pipes

Newgen Unveils new AI and ML-based Document Classification Service

Mittal Lifestyle Ltd Posts Excellent Results for Year Ended March 2020

IOL Chemicals & Pharmaceuticals Ltd board to consider Q4, FY20 results on June 12, 2020

Safari Industries India Ltd Q4 FY20 consolidated PAT at Rs. 4.68 crore

Jindal Stainless Limited export orders rebound in May-June period

IndusInd Bank launches India's first mobile app based facility for opening current accounts in a paperless manner

TCS Recognized as a Leader in IDC MarketScape for Business and Industrial IoT Consulting and System Integration Services

Cyient Appoints Meenu Bagla as Vice President and Chief Marketing Officer

Vinati Organics Ltd board to consider Q4, FY20 results, final dividend on June 13, 2020

Maruti Suzuki introduces 'Health and Hygiene' range of Genuine Accessories

DCB Bank announces revised External Benchmark Linked Rate from June 5, 2020

Neogen Chemicals adds another marquee investor to its list of shareholders as promoters divest 11.26 lakh shares

Indiabulls Ventures Ltd allots 2,69,09,089 shares

Dishman Carbogen Amcis Ltd Q4 consolidated PAT at Rs. 71.99 crore

Reliance Industries' rights issue receives overwhelming response with subscription of 1.59 times

IOB updates Moody's rating

Moody's downgrades rating of Powergrid

Oriental Hotels Ltd board recommends final dividend of Rs. 0.20 for FY20

IBM and Persistent Systems to accelerate IBM Cloud Pak Deployment and Core IT Modernization for Enterprises

Duncan Engineering Ltd Q4 loss at Rs. 0.80 crore

De Nora India Ltd Q4 PAT at Rs. 2.20 crore

DISA India Ltd Q4 consolidated loss at Rs. 1.63 crore

DCM Shriram Ltd consolidated Q4 FY2020 PAT at Rs. 207.38 crore

Yash Chemex Ltd posts consolidated PAT of Rs. 1.05 crore in Q4 FY20

MAS Financial Services Ltd reports Rs. 35.67 crore consolidated PAT in Q4 FY20

DCM Shriram Ltd approves investment of Rs. 42.40 crores

DISA India Limited board approves final dividend of Rs. 2.50

Vesuvius India Ltd Q1 CY20 PAT drops to Rs. 18.65 crore

Aurobindo Pharma Ltd Q4 consolidated PAT climbs to Rs. 998.57 crore

Cholamandalam Investment and Finance Company Ltd Q4 consolidated PAT slides to Rs. 42.45 crore

JSPL records a 28% YoY rise in monthly Steel sales volumes with the revival of domestic demand

Moody's downgrade HUDCO's rating

Moody's revise credit rating of GAIL India Ltd

Zensar supports Destination: Home in the US for COVID-19 relief initiatives

Gennex Laboratories Limited receives WHO GMP certificate

EESL and GAIL sign an MoU for Trigeneration projects

CRISIL reaffirms long-term bank facilities rating of TNPL

Sinclairs Hotels Ltd fixes June 18, 2020 as record date for stock split

Religare Enterprises Becomes External Debt-free

Moddys downgrades rating of HPCL

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

disclaimer copyright © 2005 - 2019