City
Epaper

MRF earmarks Rs 25 crore for COVID-19 relief measures

By ANI | Updated: April 25, 2020 11:40 IST

Tyre major MRF Ltd has committed to spend a sum of Rs 25 crore to support various initiatives to address the exigencies arising out of the COVID-19 pandemic.

Open in App
Tyre major MRF Ltd has committed to spend a sum of Rs 25 crore to support various initiatives to address the exigencies arising out of the COVID-19 pandemic.

The support will be in the form of contribution to the PM Cares Fund at the Central level, support to various state governments where the company's factories are located and also direct district-level projects undertaken to provide relief in various forms.

This will include providing medicines, personal protective equipment for medical and relief personnel and also weaker sections of society, stisation of areas, distribution of essentials to migrant labour and local community to ensure better access to food and nutrition for the underprivileged sections of the society that is affected in the current situation.

The company's management team will work with district-level authorities to roll the relief activities that are being supported directly. The initiatives will be undertaken through MRF Foundation, the corporate social responsibility arm of MRF.

COVID-19 pandemic is one of the toughest challenges that the world has faced, MRF said in a statement. "At such a time, it is imperative for businesses to join hands with the governments to support the communities we live and serve in. MRF recognises this and is accordingly rolling out these initiatives."

( With inputs from ANI )

Tags: MRFMrf foundation
Open in App

Related Stories

BusinessATMA honours K M Mammen, CMD, MRF Limited, with Lifetime Achievement Award

InternationalMRF closes FY22 with lower profit after tax at Rs 647.34 crore

InternationalJaishankar lauds India's foreign policy during evacuation efforts in Ukraine, Afghanistan

InternationalMRF Board recommends final and also special dividend

CricketFirst thing I picked from McGrath was to remain in the present: Prasidh

Business Realted Stories

BusinessMillions benefited from Ayushman health cards, now is the time for Delhi: Hardeep Puri

BusinessViksit Bharat will be driven by start-ups and innovation: IIT Madras Director

BusinessIndia sees robust 10.35 pc annual growth in domestic airline passengers in FY25

BusinessSwiggi Instamart to create dedicated 'cooperative' category on its platform, signs MoU

BusinessIDFC FIRST Bank posts nearly 60 pc net profit loss at Rs 295.6 crore in Q4 FY25