Elgi Equipment Ltd.
Sales (2007-2008) =Rs.450 crores (rounded off)
Net profit after tax =Rs.40 crores (rounded off)
CSR Budget= Not Available
Karmayog 2008 CSR Rating: 2/ 5
CSR activities: ELGI Equipments continues founder Mr. LRG Naidu’s legacy of giving back to the community.
ELGI’s commitment to contribute substantially to the community has led to the undertaking of projects in the fields of education, vocational training, community health and advancement. This is accomplished through the dedicated activities of the following trusts established by the ELGI family members:
The Elgi Public Welfare Trust –was established in 1983 by Mr. LG Ramamurthy and
Mr. LG Varadaraj. This Trust runs the Elgi Matriculation Higher Secondary School at Vellalur, Coimbatore which was established in 1989. The school aims to impart knowledge and global culture in children belonging to the rural areas. The school caters to the educational needs of children starting from the primary level (Lower Kinder Garden) up to the higher secondary level (12th standard). The present strength of the school is about 1004 students. It is well equipped with a library, computer lab, audiovisual lab, Linguistics lab as well as facilities for a variety of sports activities.
The Ellargi Trust– established by Mrs. Amiritham Varadaraj and Dr. Jairam Varadaraj in 1998 is dedicated towards providing medical and educational relief to the nearby community. The medical assistance provided by this trust comprises individual medical relief as well as grants to hospitals. The educational assistance comprises educational scholarships for school and college education as well as institutional donations to various educational institutions in and around Coimbatore city.
The Silver Jubilee Trust– established in 1991 by Mrs. Amiritham Varadaraj and Mr. LG Ramamurthy utilizes its funds for the advancement and upliftment of the physically challenged community in Coimbatore. It works in close coordination with the Society for the Aid of Handicapped Children, Coimbatore. This society runs a school and a hostel for the physically and mentally challenged children of the community.
The LRG Naidu Educational Trust– founded by Mr. LRG Naidu in 1965 is focused on the advancement of learning by way of institutional donations; grants and scholarships; and support of social welfare projects and philanthropic activities.
Sri Ramaswamy Naidu Vidyalayam– is a school managed by the members of the ELGI family. It was established in 1946 at Lakshminaiken Palayam, Palladam, Coimbatore. The strength of the school is approximately 1200 children mostly from the rural community. This School turns out brilliant students and has consistently achieved 100% results.
Source: www.elgi.com/socialresp.htm
Contact Information:
Elgi Equipment Ltd.
Elgi Industrial Complex
Trichy Road
Singanallur
Coimbatore – 641 005
Tamil Nadu
Phone : 422 2589555
Fax : 422 2573697
E-mail : enquiry@elgi.com
Website : www.elgi.com/
Industry Sector: Engineering
Products / Services: Manufacturer of air compressors and automobile service station equipment.
Other locations of factories / offices: Factories in Singanallur, Kurichy, China and 14 branch offices round the country
Previous year�s CSR activities & rating: www.karmayog.org/csr500companies/csr500companies_7761.htm