United Van Der Horst Invests in Max Udaan Foundation

United Van Der Horst Ltd. (UVDHL) has subscribed to equity shares of Max Udaan Foundation, a Section 8 company, to streamline its Corporate Social Responsibility (CSR) activities. This acquisition, involving 1500 shares at ₹10 each, grants UVDHL a 30% shareholding in the foundation. The transaction is considered a related party transaction, with promoter group interest, but conducted at arm's length. Max Udaan Foundation will serve as the implementing agency for UVDHL's CSR projects.