At Montecarlo, our business objectives are closely linked to environmental responsibility and social commitment. We have invested in and initiated various activities in the areas of health, education, culture and community development.
We demonstrate our commitment towards our communities by committing our resources and energies to social development and other causes. For Fiscal 2017, our Company approximately incurred an expense of ₹ 20.88 million as part of our corporate social responsibility activities. Through the Sarvodaya Arogya Mandal, we have assisted in establishing an ophthalmology centre in the state of Gujarat rendering eye care facilities. We have also been involved with hospitals and healthcare institutions for providing medical and healthcare facilities for the benefit of underprivileged members of society. We have consistently extended our support to charitable institutions, including Shree Saibaba Sansthan Trust, Ashirwad Education Trust and Sarvodaya Arogya Mandal undertaking charitable activities for providing socio-economic, educational and health facilities. Additionally, we have been involved with certain charitable institutions for providing education and educational facilities for the girl child. Furthermore, we plan to associate with Montecarlo Foundation, a charitable trust, for undertaking certain of our CSR activities in the future.