The culture of giving back to society is deeply embedded in the Motilal Oswal Group since its inception.
MUMBAI (India CSR): Motilal Oswal Foundation has announced a Rs. 50 lakh donation to aid relief efforts in Maharashtra’s flood-affected Marathwada region. Additionally, the Foundation has promised to match the contributions made by Group employees in a 1:1 ratio. The Global Vikas Trust, which actively supports and aids impacted communities and farmers, will facilitate the distribution of funds for whatever flood-hit people need.
Demonstrating personal commitment, Raamdeo Agrawal and Suneeta Agrawal, Trustees of Motilal Oswal Foundation, visited Marathwada to inspect the situation with Mayank Gandhi and his team at Global Vikas Trust (GVT) and initiate relief measures on the ground.
This initiative builds upon the Foundation’s existing partnership with GVT through the Krishikul project, inaugurated in 2024 in Parli, Maharashtra, a 25-acre pioneering farmer training centre. While Krishikul focuses on long-term farmer empowerment and sustainable livelihoods, the flood relief effort reflects the Foundation’s responsiveness to immediate community needs.
Motilal Oswal, Group MD & CEO, MOFSL said, “At Motilal Oswal Foundation, we see our role as being present for society in times of crisis and growth. Our support for Marathwada is about responding with urgency and empathy to communities devastated by floods, and ensuring that relief reaches them through our partnership with Global Vikas Trust.”
Raamdeo Agrawal, Chairman, MOFSL, added, “Being a farmer’s son, I deeply relate to the struggles and aspirations of rural India. The floods in Marathwada are a painful reminder of how vulnerable our farming communities remain. Times and crises are changing, and so must our preparedness and response. Through our work with Global Vikas Trust, we want help to reach quickly and support farmers in rebuilding their lives. It’s time for the entire farming community to stay united and strong in the face of such crises.”
Through this initiative, Motilal Oswal Foundation reaffirms its social commitment, combining empathy in moments of crisis with visionary, long-term investments in rural upliftment.
The culture of giving back to society is deeply embedded in the Motilal Oswal Group since its inception. From education to supporting social causes, the company has consistently sought to give back to society. Motilal Oswal Group’s founders decided to go a step further to formalise these social initiatives, and Motilal Oswal Foundation was formed in 2011. In 2023, both the founders of the group pledged 10% equity stake (~ Rs. 4500cr) of their personal holdings in the group company for philanthropy.
The Motilal Oswal Foundation has focused on supporting philanthropic initiatives in education, healthcare, and community development. From funding educational infrastructure at top colleges and universities to supporting tribal schools, the Foundation remains committed to fostering meaningful societal change.
(India CSR)
