• Paddy Seed Cultivation: Arohan, under the Aavishkaar Foundation, also initiated a Livelihood Promotion Project, at Mayurakshi West Bengal along with implementing partner Gram Jagat in FY 2024. Targeted beneficiaries were trained for paddy farming, and paddy seeds were distributed to further encourage them to earn their livelihoods. As a part of this project, Arohan distributed paddy seeds to 258 beneficiaries. 4. Employee Volunteering Arohan fosters a culture of purpose and fulfillment among its employees by encouraging them to actively engage in community service. Through project-based volunteerism, employees contribute their time and skills to meaningful causes. The benefits of volunteering for employees are manifold, encompassing opportunities to learn new skills, enhance career prospects, experience personal growth and fulfillment, and improve physical and mental well-being. Additionally, volunteering enables employees to connect with and better understand their communities, while fostering teamwork and camaraderie. At Arohan, employees have participated in a diverse range of volunteering activities aligned with causes such as education promotion, disaster relief efforts, clothing drives, and mental health well-being, allowing them to make a positive impact on society. Management Discussion & Analysis CAUTIONARY STATEMENT This document contains statements about expected future events, and financial and operating results of Arohan Financial Services Limited (“Arohan”/”Company”), which are forward-looking. By their nature, forward-looking statements require the Company to make assumptions and are subject to inherent risks and uncertainties. There is a significant risk that the assumptions, predictions and other forward-looking statements will not prove to be accurate. Readers are cautioned not to place undue reliance on forward-looking statements as a number of factors could cause assumptions, actual future results, and events to differ materially from those expressed in the forwardlooking statements. Accordingly, this document is subject to the disclaimer and qualified in its entirety by the assumptions, qualifications and risk factors referred to in the management’s discussion and analysis of Arohan’s Annual Report, FY 2024. The Company undertakes no obligation to publicly update any forward-looking statements, whether as a result of new information, future events, or otherwise. Further, Arohan cannot guarantee that these forward-looking statements will be realized, although the Company believes that it has been prudent in its assumptions. Annual Report 2023-24 | 72
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