Page 197 - SOBHA REALTY PR REPORT - AUGUST 2024

8/5/24, 11:46 AM PNC Menon, Founder and Chairman of Sobha Group Pledges to Build 50 Homes for Wayanad Landslide Victims

The construction of these 50 homes in Wayanad would be in an addition to the 1000 homes,

that Sobha Group is already building for the underprivileged families in Palakkad district in

Kerala.
The selection process for the beneficiary families will be based on impartial criteria, ensuring

that the aid reaches those most in need. The construction and funding of these homes will be

managed through the Sri Kurumba Educational and Charitable Trust, established by Mr. PNC

Menon and Mrs. Sobha Menon. This Trust has been instrumental in driving philanthropy and
spearheading various CSR initiatives in Kerala.

Mr. Menon, who has dedicated 50% of his wealth towards advancing social welfare, believes

in the transformative power of philanthropy. He firmly believes that contributing to the

community is not an act of charity but a moral responsibility to uplift society.
His commitment to contributing to the community is reflected in numerous initiatives across

education, healthcare, and social empowerment. From serving on the Board of Governors of

the Rashid Centre for People of Determination in Dubai, contributing significantly to the Al

Jalila Foundation and Noor Dubai, to impactful projects in India such as the Sobha Healthcare

Centre, Sobha Academy, and various women empowerment programs, Mr. Menon's efforts
have touched lives across the globe.

By pledging to build 50 homes in Wayanad, Sobha Group reaffirms its commitment to social

responsibility and community support. This initiative significantly contributes to the
rehabilitation efforts in Wayanad and highlights the Group's dedication to making a positive

impact in the lives of those affected by natural calamities.

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