Monnet Group felicitates CWG medal winning boxers And titles them as “Monnet Men of Steel”

New Delhi; October 18, 2010;Continuing the trend of felicitating the laurel earners for India at world level, Monnet Group is felicitating the Indian boxers who had won medals in the recently concluded 19th Common Wealth Games.

In a glittering ceremony today, Monnet Group felicitated seven medallists, three who won Gold Medals Suranjoy Singh in 52 kgs weight category, Manoj Kumar in 64kgs weight category and Paramjeet Samota in +91 kgs weight category by presenting them a cheque of Rs. 3 lac each & four Bronze Medal winners – Amandeep Singh in 49 kgs weight category, Jai Bhagwan in 60 kgs weight category, Dilbag Singh in 69 kgs weight category & Vijender Singh in 75 kgs weight category by presenting them a cheque of Rs. 1 lac each and conferred the honour of “Monnet Men of Steel”.

While Monnet Group is known for its rich value and culture and has supported not only the medal winners, it also felicitated the coaches and support staff of the Indian Boxing team. The names includes, Mr GS Sandhu – Chief Coach, Mr BI Farnandaz – Cuban Coach, Mr Jay Dev Bisht – Coach, Mr CA Kuttappa – Coach, Dr Karanjit Singh – Team Doctor, Mr Hari Shankar Varma – Physiotherapist, Mr Bismillah Khan – Masseur.

It is pertinent to note the association of Monnet Group with Indian Boxing federation that continues its support for development and providing impetus to boxing in India.

Monnet Ispat & Energy Limited had signed a path breaking deal of $ 1 million with Indian Boxing Federation to become a team and kit sponsor for the next three years. With this association Monnet becomes the only corporate & listed company to promote amateur boxing in the country. It’s Monnet Group’s conscious effort towards Nation Building and a serious CSR attempt to adapt a sport. The sponsorship deal covers the entire Indian team –men’s senior, junior and sub junior teams along with the women’s senior, junior and sub junior teams.

Commenting on the same, Mr. Sandeep Jajodia, Executive Vice Chairman & Managing Director, Monnet Ispat & Energy Limited said,

“The stupendous performances of Indian athletes/sportsmen have helped India win 101 medals at CWG 2010, thereby making it the most successful CWG games till date with 38 gold, 27 silver and 36 bronze medals. We are extremely gratified to honour the achievement of our boxers and would continue to support them and the Indian Boxing Federation to bring out best potential in these athletes to enable them to become world class boxers”.

“I personally feel that it is the sheer hard work and training expertise of the coaches that have helped our boxers perform so well and we feel proud to reward the constant efforts of the coaches and the support staff for enhancing the performance of our boxers.

About Monnet Group:

Monnet Ispat & Energy Limited: MIEL is promoted by Mr. Sandeep Jajodia. Its principal activities include manufacturing and marketing of Sponge Iron, Steel and Ferro Alloys. In addition, MIEL is engaged in mining of mineral assets like coal & iron ore and is also involved in the generation of power for captive consumption and for Merchant Power. The Monnet Group has manufacturing facilities in Raipur and Raigarh in Chhattisgarh and is currently in the midst of implementing a 1.5 Million Tons integrated steel plant to produce plates, structurals and rebars at its facility at Raigarh in Chhattisgarh to cater to the high growth infrastructure sector. MIEL through its subsidiary is now making measure of forays in the development of Merchant Power Plants and is currently implementing the first 1050 MW power plant at Angul.

Monnet Power Company Limited:

MPCL is an IPP that is in the process of developing power generation capacity of 1050 MW. The Company is finalizing the plans to augment its power generation capacity to 3000 MW.

Further information is available at http://www.monnetgroup.com

Key Contacts:

Neetal Naarang

Head Corporate Communication

Monnet Group