Motilal Oswal Foundation committed ₹45 crore to Plaksha University
Girl’s Hostel named Agrawal-OswalStudent Residence at Plaksha University
Mohali, 25 November 2024: The Motilal OswalFoundation, continuing its legacy of fostering education and empowerment, hasunveiled the girls'' hostel at Plaksha University as the Agrawal-OswalStudent Residence. This state-of-the-art facility is a step further in theMotilal Oswal Group’s founding principles: Knowledge First and the Powerof Partnership. These guiding principles have driven the Motilal OswalGroup''s tremendous success and inspired its commitment to creating a lastingsocietal impact.
The Agrawal-Oswal Residences will be a lastingresource for knowledge-seeking students. It will also be a place where severalpartnerships – both professional and personal – will germinate, flourish, andculminate in future entrepreneurs.
Speaking at the event, Mr. Motilal Oswal, Trustee of theMotilal Oswal Foundation, said, “Raamdeo and I met in a CA hostel, andfrom that chance partnership, we built a thriving business and lifelongcollaboration. We hope that the Agrawal-Oswal Student Residence will be morethan just a hostel—it will be a place where young minds will grow, ideas willflourish, and leaders will be forged. We hope this residence will inspirethe formation of many more Motilals and Raamdeos, ensuring that the legacy ofKnowledge First and Power of Partnership continues for generations.”
The inauguration was also attended by Natasha Oswaland Vedika Agrawal, daughters-in-law of Mr Motilal Oswal and Mr RaamdeoAgrawal, respectively, reflecting the next generation’s active involvement inthe Foundation’s work.
Natasha Oswal shared, “It’s inspiring to see howthis residence symbolises the values of our families—empowering young women todream big and achieve their goals.”
Vedika Agrawal added, “We are proud to contributeto creating spaces where students can grow academically and personally, nurturingstudents for brighter futures.”
A Legacy of Empowerment
The Motilal Oswal Foundation has committed ₹45 crore toPlaksha University, supporting the development of world-class infrastructure,including hostels, academic blocks, and administrative facilities. The Agrawal-OswalStudent Residence reflects this commitment, offering:
- State-of-the-art facilities: 10 floors, 210 rooms, and accommodations for 420 women students spanning 1.13 lakh sq. ft.
- Thoughtful amenities: Quiet zones for ideation, vibrant common rooms for collaboration, and pantries on each floor for personal convenience.
- A modern and inclusive environment: Centralized air conditioning and inclusive spaces designed to foster personal and academic growth.
This "home away from home" ensures students fromall socio-economic backgrounds can thrive in a nurturing and empoweringenvironment.
Enabling Education and Partnerships for the Future
The Agrawal-Oswal Student Residence emphasises the MotilalOswal Foundation''s mission to strengthen India’s educational landscape whilepromoting innovation and leadership. This initiative builds on the Foundation’simpactful work with institutions like IIM Mumbai and IIT Bombay, empoweringyoung minds to succeed.
About Motilal Oswal Foundation
Founded in 2011, the Motilal Oswal Foundation channels theGroup’s Knowledge First ethos into transformative social initiatives,including education, healthcare, and rural development. The Foundation believesthat education fosters prosperity, equality, and progress, and throughpartnerships, it seeks to drive meaningful and lasting change.
For more details, visit: Motilal OswalFoundation
Contact:
Rohini Kute
Head of Group Corporate Communications
Motilal Oswal Financial Services Ltd
rohini.kute@motilaloswal.com