Mangaluru, Dec 12, 2016: As part of the Corporate Social Responsibility initiatives, The Karnataka Bank Limited, has contributed a good amount to the corpus fund of Nitte – Special Child Care Centre (N – SPECC). N-SPECC is a joint initiative by A.B. Shetty Memorial Institute of Dental Sciences and K.S. Hegde Medical Academy, along with four other constituent colleges of Nitte University.
This centre was established in Mangaluru in the year 2010 and provides comprehensive medical and dental health care to children with special needs under one roof. Currently, this centre deals with 1200 children from the South zone of Mangaluru taluk. All the children under the programme of N-SPECC are from poor socio – economic backgrounds.
Inaugurating the celebrations of the World Disability Day organized by N-SPECC at A.B Shetty Memorial Institute of Dental Sciences on December 03, 2016, where wheel chairs were distributed to children with physical disability, Shri P Jayarama Bhat, MD & CEO of the Bank, said, “It is the collective responsibility of the society to take care of the needs of special children and bestow special attention to their unique requirements to bring them to the mainstream of the society and enable them to lead a normal life. Our bank is happy to support initiatives of this kind for the well - being of children with special needs”.
Also present on the occasion were Prof. (Dr.) U.S. Krishna Nayak, Prof (Dr.) Amitha M. Hegde, Major (Dr.) Shivakumar Hiremath, Shri. Jnanesh, B.E.O, Mangaluru South Zone, Smt. Geetha Devadas of Sarva Shikshana Abhiyana, Dr. Rajendra Prasad, Shri. Srinivas Deshpande, Chief Manager, Public Relations, Karnataka Bank, beneficiaries and well-wishers.
Disclaimer: The Bank is proposing, subject to receipt of requisite approvals, market conditions and other considerations, a rights issue of its equity shares, and has in this regard, filed a Letter of Offer (“LOF”) dated October 28, 2016, with the SEBI and the Designated Stock Exchange. The LOF is available on the website of SEBI at www.sebi.gov.in, the stock exchanges where the equity shares are listed i.e. BSE Limited at www.bseindia.com, National Stock Exchange of India Limited at www.nseindia.com, and the website of the Lead Manager to the Issue, i.e. Edelweiss Financial Services Limited; Website: www.edelweissfin.com. Investors should note- that investment in equity shares involves a high degree of risk and for details relating to the same, please see the section entitled “Risk Factors” on page 12 of the LOF.