Social Initiative
Who We Are

A – Introduction :

Long before the Indian Government's Companies Act 2013, Section 135 made CSR mandatory, the Forbes Marshall Group was formally and strategically involved in CSR activities. Since the inception of the Company in 1958, we believe in giving back to the community we operate in because we know thriving communities are as important as thriving businesses.

We believe that if we have the ability, even if in a miniscule way, to improve the world around us, we should start with our own neighborhoods. Forbes Marshall Group has always believed in contributing to community development by working as a catalyst for social change, particularly in the local areas of its corporate operations.

FM’s core values of Family Spirit, Innovation and Entrepreneurship, Integrity and most significantly, Value Delivery to Customers, Members and Society drive the CSR policy.

All Companies under Forbes Marshall Group viz. (1) Forbes Marshall Pvt Ltd; (2) Krohne Marshall Pvt Ltd; (3) Forbes Marshall Arca Pvt Ltd;; (4) forbesvyncke Pvt Ltd; and (5) J N Marshall Pvt Ltd, have been continuously playing a major role in serving the local community and the society it operates in, particularly in the fields of education, women’s issues, health, etc. The brief on the Social Activities carried out by the above Companies has been disclosed in the Annual Report of the Company every year since decades. This policy is now written in the spirit of and in compliance with Section 135 of the New Indian Companies Act 2013.

Forbes Healthcare Foundation, a Section 8 Company was incorporated under the Companies Act, 2013 on 21st July, 2015. The Company would carry out the Medicare facilities. Therefore this Company along with Forbes Foundation would constitute the CSR initiatives of the Forbes Marshall Group of Companies. The mission is, "To enhance the quality of life of neighborhood communities through education, health care, capacity building and empowerment."

Forbes Healthcare Foundation, a Section 8 Company has its registered office located at Plot# B-85, Chakan, MIDC, Phase II, Sawardari, Tal Khed, Pune -410501. The said new Company will provide the same medicare facilities, which Shehernaz Medicare Centre used to provide since last 40 years. The medicare facilities will be provided at subsidized rates primarily to local communities through a 30 bedded Hospital located at the Kasarwadi campus.

The Department of Social Initiatives established approximately four decades ago; works with the neighbourhood communities in the areas of health, education, women empowerment, youth empowerment, rural development, etc.
The Forbes Marshall Foundation was established in 2007-2008 with the objective of supporting projects and communities located in Maharashtra. The Foundation’s core principle is to “give” in a manner, which promotes sustainability and impact of a project. The four core grant making priority areas are education, health - with a particular focus on neglected areas of health; Community initiatives and research, leading to more strategic philanthropy.

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