TVS Motor Company extends INR 50 Lakhs Relief Aid to Andhra Pradesh

TVS Motor Company (TVSM), India's third largest twowheeler company has committed a contribution of INR 50 lakhs towards disaster relief efforts in Andhra Pradesh. This proactive step underscores the company's unwavering dedication to corporate social responsibility and its commitment to supporting communities in times of crisis.

The funds will be directed towards providing immediate relief and rehabilitation to those adversely affected by the recent disaster in Andhra Pradesh. TVS Motor Company recognizes the urgency of the situation and is determined to play a role in alleviating the hardships faced by the affected population.

Sudarshan Venu, Managing Director of TVS Motor Company, articulated the company's stance, stating, "In times of distress, corporate entities bear a collective responsibility to extend support and aid in the restoration of normalcy. Our contribution will support the efforts of the government in bringing succour to the affected communities in Andhra Pradesh."

In addition to the financial contribution, TVS Motor Company will collaborate closely with local authorities and reputable relief organizations to ensure the effective deployment of resources. This collaborative effort aims to expedite the delivery of assistance to those in need and facilitate the reconstruction process.

TVS Motor Company remains steadfast in its corporate values, emphasizing a sense of duty towards society and a commitment to making meaningful contributions to the betterment of communities nationwide.

TVS Motor will also offer additional service support for its customers in the flood hit districts of Andhra Pradesh.

Shares of TVS Motor Company Limited was last trading in BSE at Rs. 1902.70 as compared to the previous close of Rs. 1921.35. The total number of shares traded during the day was 17649 in over 2063 trades.

The stock hit an intraday high of Rs. 1929.70 and intraday low of 1886.95. The net turnover during the day was Rs. 33604359.00.

Source : Equity Bulls

Keywords

TVSMotorCompany INE494B01023 Contribution DisasterRelief AndhraPradesh