Dr. Abburi Vidyasagar donates 20 lakh shares of Avantel Ltd to Lakshmee Foundation

Dr. Abburi Vidyasagar, Trustee of Lakshmee Foundation, demonstrates commitment to philanthropy through generous donation of Shares to Lakshmee Foundation, a Charitable Trust for Healthcare Initiatives.

In a remarkable display of dedication to community well-being, Dr. Abburi Vidyasagar has donated 20,00,000 (Twenty Lakh) Equity Shares of Avantel Limited to M/s. Lakshmee Foundation. This generous contribution will be directed towards advancing philanthropic activities in the healthcare sector, focusing on initiatives aimed at improving access to quality healthcare for underserved communities.

The Lakshmee Foundation, a non-profit organization committed to fostering positive social change, particularly in the realm of healthcare. This significant donation of shares is poised to play a pivotal role in expanding the Foundation's reach and impact, ultimately enhancing the quality of life for countless individuals in need.

The Lakshmee Foundation plans to utilize the donated shares strategically, directing the funds towards Lakshmee Foundation Hospital, situated Sri Vinayaka Complex, 54-15-5, Ring Road, NH-16, Vijayawada - 520008, Andhra Pradesh, India; that prioritize areas such as healthcare initiatives. This aligns with the Foundation's mission to make a lasting impact on the lives of those who face barriers to healthcare services.

Source : Equity Bulls

Keywords

Avantel EquityShares LakshmeeFoundation