D-Mart promoter donates Rs 155 crore to fight coronavirus
Fast moving consumer goods retailer D-Mart’s parent entity Avenue Supermarts has donated Rs 155 crore ($20.98 million) to fight the spread of coronavirus. The funds will be split between the PM-Cares Fund and state governments.
Avenue Supermarts’ promoter Radhakishan Damani has donated Rs 100 crore to the PM-Cares Fund and Rs 55 crore to various relief funds operated by 11 state governments.
“Our promoter Radhakishan Damani, through his group company Bright Star Investments Private Ltd donated Rs 100 crore towards the PM-Cares Fund and a further Rs 55 crore to various state relief funds,” said Avenue Supermarts in a statement, the Press Trust of India reported.
“We are fully supportive of the swift actions taken by the central, state, and local government bodies of India to protect the general public,” said Avenue Supermarts. “Each of us also needs to do our best to protect our communities and fellow countrymen.”
D-Mart, which is still retailing goods deemed ‘essential’, has launched new delivery options in a bid to keep people at home and stop stores from becoming crowded. The business has launched a new group delivery option for apartment blocks with over 30 apartments, it announced on Facebook. The business has also announced new sanitation measures both in-store and in its supply chain.
As of Monday morning, India has close to 4,300 confirmed Covid-19 cases and has seen 118 fatalities linked to the virus. The lockdown is currently in place until April 14.
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