Nashik, November 07, 2008: Mahindra Intertrade, a subsidiary of Mahindra & Mahindra Ltd., today announced the opening of an Aanganwadi on a 6,000 sq. ft plot of land at Gonde Village, Taluka Igatpuri, Nashik.

The facility was inaugurated by Mr. Shekhar Gaikwad, Additional Dist. Collector, Nashik. Mr. B.B. Waugh Chief Officer, Zilla Parishad, Nashik was the Chief Guest at the function. Mr. Harsh Kumar, Managing Director, Mahindra Intertrade, unveiled the commemorative plaque.

“Mahindra Intertrade shares a common destiny with its stakeholders. We will continue to invest in the future of the villages contiguous to our production facilities, and contribute to society, under our ESOPs initiatives in areas such as education, health, sanitation, social welfare and environment” said Mr. Harsh Kumar, Managing Director, Mahindra Intertrade, at the inauguration.

The Aanganwadi is an educational and recreational area, which is equipped with classroom facilities and toys. It provides a conducive environment for local village children in the age group of 4 to 6 years which makes education an enjoyable experience.

Mahindra Intertrade built this Aanganwadi on the request of the Gonde Grampanchayat. The Anganwadi is built on a 6,000 sq. ft plot of land allotted by the Grampanchayat at a cost of Rs. 8.50 lakhs.

Corporate Social Responsibility at M&M
Corporate Social Responsibility has always been an integral part of the vision of the Mahindra Group and the cornerstone of our core value of Good Corporate Citizenship. The Mahindra Group believes that CSR is an opportunity and a privilege for us and goes far beyond managing corporate image. In order to ensure maximum impact, our CSR initiatives focus mainly on education and health. The scope of our initiatives covers as many needy sections of society as possible, with a special emphasis on the girl child. The Nanhi Kali programme is deeply committed to the education of the girl child and currently supports the school level education of 31,000 underprivileged girls across the nation. The spectrum of CSR activities includes the K. C. Mahindra Education Trust, Mahindra Education Society, Mahindra United World College and the Mahindra Foundation. CSR received a major boost in 2005 when the Mahindra Group celebrated its 60th Anniversary by pledging to dedicate 1% of its annual Profit after Tax to social activities every year. As a way of thanking the nation and its stakeholders for 60 years of trust, M&M announced its own unique Esops, or Employee Social Options programme with the goal of having a Mahindra employee contributing to society every day of the year, somewhere in the world.

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