Page 29 - FBL AR 2019-20
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Corporate Statutory FinanCial
overview StatementS StatementS
How Fermenta protected
the interest of stakeholders during
the COVID-19 pandemic
Police men and women received a pack
of Vitamin D soft gelatin capsules, each
strip containing sufficient dosage for an
individual’s recommended regime of
Customers Investors 60,000 IU of Vitamin D3 per week for two
months.
Maximised precautions during product Sustained focus on a healthy Balance
delivery Sheet
Provided a real-time update on Protected cash and cash equivalents of
shipments H33.11 crores as on March 31, 2020
Remained in constant engagement with Focused on cost rationalisation
customers Global supply chain
Issued communications proactively on Engaged in tie-ups with leading
the status of operations transportation providers
Ensured traceability of shipments
through a real-time status monitoring
Community of orders
Engaged with National Association Developed strategic logistics partners
for the Blind, India (NAB), to provide across the globe
Employees and workers essentials and venture capital to Ensured sufficient supply of essential
Embarked on initiatives to protect daily wage earners. Fermenta took raw material
mental, physical and financial well-being its association with NAB ahead and
supported visually impaired individuals.
Sanitised premises and workplaces NAB identified daily wage labourers or
Implemented high workplace safety / self-employed pan-India, most of them
sanitation standards hailing from Mumbai’s slum areas, which
were unable to earn a living during
Implemented a smooth transition to the lockdown. Fermenta’s contribution
working from home IT support
was utilised to purchase essentials or as
Conducted training in hand hygiene and venture capital to restart their business. Created a ‘borderless workforce’
respiratory etiquette NAB ensured accountability by verifying Supported the business with no latency
Circulated health advisories within the bank details, identification and visual Facilitated secured virtual meetings
Company impairment of the beneficiaries. This
one-of-its-kind initiative validated Enabled employees to seamlessly shift
Monitored temperature for entrants into Fermenta’s corporate citizenship. to remote working
factories and offices
Collaborated with Indchemie Health Digitalised necessary processes
Implemented social distancing measures Specialities Pvt. Ltd. to provide Vitamin D Made routine operations contact-less
within premises to 250,000 Maharashtra Police personnel.
Provided Personal Protective Equipment Our corona warriors, including
(PPE) to workers at the facilities Maharashtra Police, were at the forefront
of the fight against COVID-19 by
working relentlessly to protect society.
As a gesture of gratitude, Fermenta,
along with Indchemie Health Specialities
Pvt. Ltd., committed to supply Vitamin
D doses to 250,000 Maharashtra police
personnel.
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