New Delhi, November 9, 2026: Commemorating the 77th birth anniversary of its former Chairman, Late Shri M. G. George Muthoot, Muthoot Finance Limited, India’s Largest Gold Loan NBFC, has announced a ₹1 crore initiative to upgrade sanitation facilities across government schools in North, East and West India, alongside launching eleven community-focused welfare projects spanning education, healthcare, senior citizen care, road safety and disability support.
Reinforcing its longstanding commitment to education, the company has also awarded scholarships worth ₹3.75 crore to over 13,411 students over the last decade, reflecting the enduring legacy of its former Chairman’s vision of inclusive growth and community development.
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. The flagship ₹1 crore school sanitation programme seeks to address critical infrastructure gaps in government schools, particularly in rural and underserved regions, by providing safe, hygienic and dignified sanitation facilities for thousands of students. Depending on the existing infrastructure and specific requirements of each school, the company will construct or renovate between one and four functional toilet units per school. Special emphasis will be placed on maintaining hygienic sanitation facilities and enabling menstrual hygiene management, thereby promoting better school attendance, dignity and well-being, particularly among girl students. As part of this initiative under the Swachh Bharat Abhiyan, Muthoot Finance has recently completed and inaugurated a new toilet block at Government Senior Secondary School in Barauli, Panipat district, Haryana, benefiting nearly 800 students.
The company’s continued focus on educational advancement is reflected in a range of interventions across the region. These 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 to facilitate their daily commute to school; providing classroom infrastructure to schools in Vadodara; setting up a digital computer laboratory in Rajkot; and distributing career guidance materials to benefit 5,000 students in schools across Ahmedabad. Complementing these initiatives, Muthoot Finance has cumulatively awarded scholarships worth ₹3.75 crore to more than 13,411 students over the last decade, supporting their pursuit of higher education and future aspirations.
Extending its community welfare and healthcare interventions, the Group has donated motorised wheelchairs and essential household appliances, including refrigerators and washing machines, to senior citizen homes and care institutions across Faridabad, Gorakhpur and Bhopal. Other initiatives include establishing a clean drinking water facility benefiting over 700 students at a government school in Misrod, Bhopal, and supporting frontline civic workers in Jaipur through the distribution of safety helmets.
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.