The National Stock Exchange of India (NSE) has announced a ₹380 crore healthcare initiative under its corporate social responsibility (CSR) program, funding a state-of-the-art cancer treatment facility at Tata Memorial Hospital’s ACTREC campus, Navi Mumbai. The move comes amid NSE’s preparations for its upcoming initial public offering (IPO).
Project Highlights
- Facility: 11-storey multi-speciality block and India’s largest bone marrow transplant (BMT) centre
- Area: 2.4 lakh sq ft, constructed by L&T
- Operations: Scheduled by July 2027
- Capacity: ~1.3 lakh outpatient visits annually and over 600 BMT procedures
Strategic Significance
- NSE Foundation collaborates with Tata Memorial Centre’s ACTREC for this flagship project.
- CEO Ashishkumar Chauhan highlighted the initiative’s long-term impact on cancer care in India.
- Supports NSE’s image as a socially responsible institution, enhancing investor confidence amid its IPO.
Investor Perspective
- CSR initiatives contribute to long-term corporate reputation and ESG metrics.
- By investing in healthcare, NSE demonstrates its commitment to nation-building alongside its financial market operations.
Summary
- NSE CSR Investment: ₹380 crore for Tata Memorial Hospital, Navi Mumbai
- Facility: 11-storey block + India’s largest BMT centre
- Operations Expected: July 2027
- Capacity: 1.3 lakh OPD visits + 600+ BMT procedures annually
- Project reinforces NSE’s socially responsible image and aligns with ESG-focused investor expectations
Disclaimer:
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