April 06, 2020: As a part of the CSR initiative, The Muthoot Group, one of India’s leading business conglomerate jointly with State officials and local NGOs provided free food, grains and other essentials to more than 15,000 families that have been affected due to nationwide lockdown across India.
The company organized the initiative across India in states like Uttar Pradesh, Delhi NCR, Maharashtra, Telangana, Kerala, Tamil Nadu, Karnataka, Andhra Pradesh and Goa. Besides free food to these families, the company also supported the community kitchen organised by state government. The company also provided essentials like masks, gloves and sanitizers to health workers and police personel.
Commenting on the CSR activity, Mr. George Alexander Muthoot, Managing Director said “The Muthoot Group has always believed in being at the forefront in implementing such noble efforts. In these unprecedented and most difficult times, we all must rise to the occasion and do our every bit to help countless those who need our love and support.”
He further added, “Muthoot Finance staff volunteers were involved in these activities in all locations. We are glad and thankful to all Ministers, MPs, MLAs, Senior Police Personnel and Presidents of Panchayat and Blocks of all these states who supported us to execute this nobel activity.”
Food grains were centrally procured and then packed with great care and distributed to the most needy and affected families over a period of 3-5 days across these districts. Maximum care and personal hygiene was ensured during procurement, packaging and distribution.
About The Muthoot Group
The Muthoot Group has a family business legacy of over 800 years. The Group started as a small trading business enterprise in Kozhencherry, a remote village in the state of Kerala. Since its formation, the company, under the leadership of its key management - Shri M G George Muthoot (Chairman), Shri George Alexander Muthoot (Managing Director), Shri George Thomas Muthoot (Jt. Managing Director) and George Jacob Muthoot (Jt. Managing Director) has broadened its scale and widened its geographic scope of retail operations.
Today, The Muthoot Group is a multi-faceted business conglomerate comprising 18 diversified divisions including Financial Services, Wealth Management, Money Transfer, Forex, Securities, Vehicle & Asset Finance, Media, IT, Healthcare, Housing & Infrastructure, Education, Power Generation, Leisure & Hospitality, Plantation & Estates, Precious Metals, Travel Services, Housing Finance & Overseas Operations.
The Muthoot Group has been involved in a plethora of CSR initiatives across the country ranging from Education and Healthcare to Public Welfare and Disaster Relief.
Headquartered in Kochi and having its Corporate Office in New Delhi, The Muthoot Group has a dominant presence in all States & Union Territories of India. It also has its presence in USA, UK, UAE, Sri Lanka and Central America. For more information please visit: http://www.muthootgroup.com/ or http://www.muthootfinance.com/ or follow us on Facebook, Twitter and Instagram.
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