It shows his greatness and great outlook on humanity at large
The donated amount need to be spent in right perspective.
On Friday 10 July 2015, Mohamed Jaffer <mjkassam@gmail.com> wrote:
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-- On Friday 10 July 2015, Mohamed Jaffer <mjkassam@gmail.com> wrote:
----..Pankaj Mishra, ET Bureau | Jul 8, 2015, 08.02PM ISTPremji gives half of his stake in Wipro for charity
In Wipro's annual report for the year ended March 2015, Premji said he has now allocated the equivalent of 39% of the company's shares to a trust focussed on philanthropic initiatives, mainly primary education.BENGALURU: Wipro's billionaire chairman Azim Premji, the first Indian to sign the Giving Pledge, has set aside more than half of his wealth for charity by allocating an additional 18% stake in the company to fund philanthropy.
Premji, who will turn 70 this month, controls a 73.39% stake in India's third-largest software company, which is worth about Rs 99,500 crore ($15.7 billion). In Wipro'sannual report for the year ended March 2015, Premji said he has now allocated the equivalent of 39% of the company's shares to a trust focussed on philanthropic initiatives, mainly primary education. The additional 18% stake forms the latest tranche of shares Premji has allocated for charity.
Premji, who will turn 70 this month, controls a 73.39% stake in India's third-largest software company, which is worth about Rs 99,500 crore ($15.7 billion). In Wipro's annual report for the year ended March 2015, Premji said he has now allocated the equivalent of 39% of the company's shares to a trust focussed on philanthropic initiatives, mainly primary education. The additional 18% stake forms the latest tranche of shares Premji has allocated for charity.Mr Azim Premji --A Great Philanthropist from India-- His average donations per year is aprox Indian Rs 8000 Cr ores for last many years. Now his pledge to give half of his stake worth approx USD 15 Billion ---for Charity--for Poors---|Needy humanity--- is worth reading as lesson and follow up. May ALLAH Bless him and his family members Aameen.Please forward this email to as far as possible. Thanks / mhgMohammad Hanif Godil-----TrusteeWelfare- Caring- Charity HospitalJamal Noor Hospital - Welfare CommitteeDhoraji Colony Karachi 74800 PakistanTel 34947652 - 34941469 - 34857173-4-5
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