Muthoot Finance Announces ₹1 Crore School Sanitation Initiative
New Delhi, November 12, 2026: Muthoot Finance Limited has announced a ₹1 crore initiative to upgrade sanitation facilities in government schools across North, East and West India, along with eleven community welfare projects covering education, healthcare, senior citizen care, road safety and disability support. The announcements were made to mark the 77th birth anniversary of the company’s former Chairman, Late Shri M. G. George Muthoot.
The company also highlighted its contribution to education through scholarships worth ₹3.75 crore awarded to more than 13,411 students over the past decade. The initiatives reflect the company’s continued focus on education and community development in line with the vision of its former Chairman.
Shri Alexander George Muthoot, Managing Director of The Muthoot Group, announced the CSR initiatives at an event held at the Group’s Corporate Office North. Under the school sanitation programme, the company plans to construct or renovate between one and four toilet units in each selected school, depending on existing infrastructure and requirements.
The initiative will focus on providing safe and hygienic sanitation facilities, with particular attention to menstrual hygiene management. The programme aims to support students’ attendance, dignity and well-being, especially among girls. As part of the initiative under the Swachh Bharat Abhiyan, Muthoot Finance has completed and inaugurated a new toilet block at Government Senior Secondary School in Barauli, Panipat district, Haryana, benefiting nearly 800 students.
The company’s education-related interventions also include presenting the Muthoot M. George Excellence Award to 100 meritorious students of Classes 8 and 9 across North Delhi, distributing bicycles to girl students in Firozabad and providing classroom infrastructure to schools in Vadodara. Other activities include setting up a digital computer laboratory in Rajkot and distributing career guidance materials to 5,000 students in schools across Ahmedabad.
Beyond education, the Group has extended support to senior citizen homes and care institutions in Faridabad, Gorakhpur and Bhopal through donations of motorised wheelchairs and essential household appliances, including refrigerators and washing machines. It has also established a clean drinking water facility at a government school in Misrod, Bhopal, benefiting more than 700 students, and distributed safety helmets to frontline civic workers in Jaipur.
Speaking on the occasion, Shri Alexander George Muthoot, Managing Director, The Muthoot Group, said: "These initiatives are a humble tribute to our former Chairman, Late Shri M. G. George Muthoot, who firmly believed that education and community welfare are key catalysts for sustainable social transformation. His vision continues to guide our efforts towards creating meaningful and lasting change in the communities we serve. Through investments in essential school sanitation infrastructure, educational opportunities and targeted grassroots welfare initiatives, we aim to address critical barriers faced by young students, particularly girls, while bringing greater comfort and support to the elderly and marginalised sections of society. We remain committed to carrying forward his legacy by building healthier, more inclusive and empowered communities across the nation."
Ranjeet Singh, Senior CGM, Business Performance Department; Rakesh Mehra, General Manager, CSR & Corporate Affairs; Rohit Raj, Head 0 Corporate Communications & CSR; and other senior officials from the Corporate Office North were also present at the event.
