REC contributes Rs 200 million to Armed Forces Flag Day Fund for welfare of martyrs’ families and ex-servicemen’s children
Company News

REC contributes Rs 200 million to Armed Forces Flag Day Fund for welfare of martyrs’ families and ex-servicemen’s children

REC , a Maharatna CPSE under the Ministry of Power and a leading non-banking financial company, has extended a CSR grant of Rs 200 million to the Armed Forces Flag Day Fund (AFFDF). The contribution, made through REC Foundation—its CSR arm—will support the education of 16,667 children of ex-servicemen, martyrs, and war widows from the Indian Army, Navy, and Air Force. 

The support was formalised through a Memorandum of Agreement signed between Shri Pradeep Fellows, Executive Director (CSR), REC Limited, and Brigadier D.S. Basera, Secretary, Kendriya Sainik Board, during a ceremony held in New Delhi. 

In the last two financial years, REC Foundation has contributed a total of Rs 30 crore to the AFFDF. This latest initiative underlines REC’s enduring commitment to nation-building and social equity, particularly towards those who have made the ultimate sacrifice for the country. 

Through its ongoing CSR interventions, REC continues to channel support into impactful programmes that align with national priorities, including education, welfare of armed forces personnel, and empowerment of marginalised communities. 

REC , a Maharatna CPSE under the Ministry of Power and a leading non-banking financial company, has extended a CSR grant of Rs 200 million to the Armed Forces Flag Day Fund (AFFDF). The contribution, made through REC Foundation—its CSR arm—will support the education of 16,667 children of ex-servicemen, martyrs, and war widows from the Indian Army, Navy, and Air Force. The support was formalised through a Memorandum of Agreement signed between Shri Pradeep Fellows, Executive Director (CSR), REC Limited, and Brigadier D.S. Basera, Secretary, Kendriya Sainik Board, during a ceremony held in New Delhi. In the last two financial years, REC Foundation has contributed a total of Rs 30 crore to the AFFDF. This latest initiative underlines REC’s enduring commitment to nation-building and social equity, particularly towards those who have made the ultimate sacrifice for the country. Through its ongoing CSR interventions, REC continues to channel support into impactful programmes that align with national priorities, including education, welfare of armed forces personnel, and empowerment of marginalised communities. 

Related Stories

Gold Stories

Next Story
Resources

Schindler named among Forbes’ World’s Best Employers 2026

Schindler has been named among Forbes’ World’s Best Employers 2026, a global ranking recognising companies for their workplace environments.Compiled by Forbes in partnership with Statista, the ranking is based on independent employee feedback, including whether employees would recommend their organisation to friends and family.The company said the recognition reflected its focus on creating a workplace where employees can develop their expertise and build careers. ..

Next Story
Infrastructure Urban

India needs an export-execution mindset: Vishesh Jain

Interview with Vishesh Jain, Founder & CEO, EximpleWhat gaps in India’s global trade ecosystem led you to build Eximple, and what problem did you see businesses struggling with most?Eximple came out of a problem that all three founders had seen from different choke points in the trade ecosystem. India has millions of MSMEs and manufacturers, and many of them can make products that are genuinely competitive on quality. Yet only a small fraction is able to build meaningful international businesses. In our experience, the gap is usually not manufacturing capability; it is the ability to exe..

Next Story
Building Material

Nuvoco reports 13.5% revenue growth in Q2 FY27

Nuvoco Vistas Corp. Ltd. reported consolidated revenue of Rs 27.9 billion for Q2 FY27, up 13.5% year on year. Cement sales volume rose 9% to 4.7 million tonnes (MMT), while EBITDA increased 11% to Rs 4.11 billion.The company said it began its cement operations in 2014 with a 2.3 MMT per annum (MMTPA) operation at Nimbol. It now aims to reach 35 MMTPA of cement capacity by FY28, nearly 15 times its initial capacity. Its portfolio spans cement, ready-mix concrete and modern building materials.On sustainability and cost efficiency, Nuvoco partnered with CleanMax for a 46.4 MW wind-solar hybrid re..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

SPECIAL OFFER
QR Code