Mirae Asset Foundation Inaugurates Its Largest School Transformation Project of 2026 in Palghar

Palghar, Oct 27: Mirae Asset Foundation, the CSR arm of Mirae Asset in India, in collaboration with the Rotary Club of Borivali East, has inaugurated its largest school transformation project of the year at Thakkar Bappa School in Talasari, Palghar, reaffirming its commitment to creating meaningful and lasting social impact through education and community development while positively impacting nearly 1,200 students.

The project was inaugurated by Mr. Moon Kyung Kang, Chief Executive Officer, Mirae Asset Sharekhan and Mirae Asset Capital Markets, in the presence of Hon'ble Dr. Mrs. D. P. Deshpande, Secretary, Gokhale Education Society; representatives from the Rotary Club of Borivali East; school authorities; students; and members of the local community.

Thakkar Bappa School is a low-income, government-aided private school serving students from tribal communities in the region. The Whole School Transformation Project has been undertaken to strengthen educational infrastructure and create a more conducive learning environment for students.

As part of the initiative, the school has been equipped with:

• A newly constructed school building with classrooms

• A dedicated science laboratory

• Bathroom facilities in the boys' and girls' hostels

• Drinking water facilities

These enhancements are designed to improve the overall learning experience and provide students with access to safe, functional and modern infrastructure that supports their academic growth and well-being.

Mirae Asset Foundation's education initiatives span scholarships, educational infrastructure, learning outcomes and research innovation. Since its inception, Mirae Asset Foundation has awarded over 4,700 scholarships and positively impacted more than 80,900 students through its education-focused initiatives across India, reflecting its commitment to empowering future generations through education.

Commenting on the initiative, Moon Kyung Kang, Chief Executive Officer, Mirae Asset India, said:

"At Mirae Asset, Citizenship is one of our core values and guides our commitment to giving back to the communities in which we live and work. We believe that education is one of the most powerful drivers of social progress and long-term community development. Through the transformation of Thakkar Bappa School, we are investing in an environment where nearly 1,200 students can learn, explore and build a brighter future for themselves. This project reflects our commitment to creating sustainable impact through initiatives that address fundamental community needs. We are grateful to our partners and all stakeholders who have helped bring this vision to life."

Ritesh Patel, Director & Mirae Asset Foundation Committee Member, said:

"A supportive learning environment extends beyond textbooks and classrooms. Access to quality infrastructure, sanitation facilities, clean drinking water and practical learning resources plays a vital role in a child's educational journey. Through this project, we have sought to address these essential needs and create a safer and more inspiring space for students. We hope this transformation will contribute to improved learning outcomes and create lasting value for the school and the wider community."

The initiative reflects Mirae Asset Foundation's continued focus on building stronger communities through interventions in education, infrastructure and social development. By improving access to essential facilities and learning resources, the Foundation aims to empower students and create opportunities that can positively impact future generations.