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Embassy REIT's latest Education Initiative Benefits over 400 Students in Pune

Posted On : 2023-06-15 15:21:39( TIMEZONE : IST )

Embassy REIT's latest Education Initiative Benefits over 400 Students in Pune

Embassy Office Parks REIT (NSE: EMBASSY / BSE: 542602) ('Embassy REIT'), India's first listed REIT and the largest office REIT in Asia by area, is pleased to announce the funding of significant infrastructure upgrades at Pune's Zilla Parishad Primary School in Marunji. In addition to the construction of the new school building, which will benefit over 400 students, Embassy REIT will continue to provide daily school maintenance, full-time security, and holistic health interventions.

Shaina Ganapathy, Head of Community Outreach, Embassy Group, who manages CSR programmes at Embassy REIT, said, "Embassy REIT is proud to partner with the Department of Education, Maharashtra, to enhance the infrastructure of the Zilla Parishad Primary School in Marunji. We believe that every student always deserves the best environment to develop his or her academic and interpersonal skills. Through our CSR program, our continuous endeavour is to support education, health, infrastructure, and environment initiatives in the communities in which we operate, an effort that has positively impacted over 55,000 beneficiaries over the years."

Vaishali Mansing Jadhav, Headmistress of Zilla Parishad Primary School, Marunji, said, "We're very grateful to Embassy REIT for providing much-needed infrastructure support to our school. This will go a long way towards increasing enrollment and creating an environment that is safe and conducive to learning. The initiative will further enable underprivileged children to succeed academically and reach their full potential."

As part of its education initiatives, Embassy REIT runs several programs in Pune. The REIT recently sponsored a four year engineering scholarship program for 36 female students in partnership with the Lila Poonawala Foundation ("LPF"). LPF provides these scholarships to academically outstanding and financially deserving girls to complete their four-year undergraduate degrees. Embassy REIT also runs a a holistic health and hygiene program across 6 government schools in Pune, benefitting over 5,900 students.

Shares of Embassy Office Parks REIT was last trading in BSE at Rs. 299.67 as compared to the previous close of Rs. 296.82. The total number of shares traded during the day was 10394 in over 371 trades.

The stock hit an intraday high of Rs. 300.00 and intraday low of 296.01. The net turnover during the day was Rs. 3108385.00.

Source : Equity Bulls


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