Sona Comstar, one of India’s leading automotive technology company, has extended support to hospitals in Delhi and Haryana by donating 20 ventilators; 10 each to Artemis Hospital, Gurgaon and Aakash Healthcare, Super Speciality Hospital, Dwarka, Delhi in order to support the healthcare system in fighting the unprecedented threat posed by the second wave of Covid-19.
Sona Comstar has also partnered with Kaushalya Foundation, a non government, non-profit organization, as part of its CSR initiative, to feed poor and migrant labour as the country continues to grapple with the dangerous second wave of Covid-19.
“Lack of oxygen, medical supplies and intensive care beds in hospitals have been the biggest concern areas in this severe healthcare crisis in our country. As an Indian-origin automotive systems and components manufacturer, we stand in solidarity with the government and the citizens in these testing times and extend our support in the creation of health infrastructure in hospitals in Delhi NCR,” said Mr. Sunjay Kapur, Chairman, Sona Comstar.
As part of its Covid relief efforts, the company has further contributed to Kaushalya Foundation. The contribution will translate into more than 3.5 lacs meals to communities affected by Covid-19 in the Delhi NCR region and local communities neighbouring the plants of Sona Comstar in Haryana’s Gurgaon & Manesar and in Pune, Maharashtra.
“The second wave of coronavirus and the consequent lockdown in various states across the country is not only affecting the livelihood of the poor and migrant labourers but also posing before them risks of hunger and malnutrition. In continuation with our efforts to help the needy in this unprecedented crisis, Sona Comstar is doing its part to help the affected communities,” added Mr. Kapur.
As a responsible company, Sona Comstar has always believed in lending support to the underprivileged in times of crisis and local communities through its CSR initiatives. In the first covid crisis in April 2020 also, Sona Comstar had partnered with Kaushalya Foundation and contributed Rs. 45 lakh to support affected communities by providing them packets of dry ration items including food grains, flour and hygiene kits among others
Disclaimer
Sona BLW Precision Forgings Limited is proposing, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its equity shares and has filed a draft red herring prospectus (“DRHP”) with the Securities and Exchange Board of India (“SEBI”). The DRHP is available on the website of the SEBI at www.sebi.gov.in as well as on the websites of the book running lead managers, Kotak Mahindra Capital Company Limited, Credit Suisse Securities (India) Private Limited and JM Financial Limited, at www.investmentbank.kotak.com, www.creditsuisse.com/in/en/investment-banking/regional-presence/asia pacific/india/ipo.htm and www.jmfl.com,respectively, and the websites of the stock exchange(s) at www.nseindia.com and www.bseindia.com, respectively. Any potential investor should note that investment in equity shares involves a high degree of risk and for details relating to such risk, see “Risk Factors” of the Red Herring Prospectus and Prospectus, when available. Potential investors should not rely on the DRHP for any investment decision. This announcement is not an offer for sale of any securities in the United States. The securities may not be offered or sold in the United States absent registration or an exemption from registration under the U.S. Securities Act of 1933, as amended. Sona BLW Precision Forgings Limited does not intend to register any portion of the offering in the United States or to conduct a public offering of any securities in the United States.
This news was shared to Prittle Prattle News via press release.
By Reporter.
