PI Industries has approved the incorporation of PI Foundation as a Wholly Owned Subsidiary, backed by an initial share capital of Rs. 0.01 Cr.

This newly formed not-for-profit entity will be dedicated to executing PI Industries' Corporate Social Responsibility (CSR) activities.

The strategic move aims to centralize and enhance the company's commitment to social and environmental initiatives.

Establishing a dedicated foundation ensures a focused approach to community development, sustainability, and other philanthropic endeavors, reinforcing PI Industries' long-term societal contributions.