The Trust was founded by Seth Walchand Hirachand
in 1943. He dedicated the contributions presented
to him by the employees of the Walchand Group
on the occasion of his 60
th birthday
to the corpus of the Walchand Diamond Jubilee
Trust. The Trust is aimed at general public and
employee welfare.
The main objectives
of the Trust includes:
- Giving scholarship to deserving students
studying in engineering, agricultural, science
or technical colleges and institutions
- Providing medical relief in starting maternity
homes, pre-natal clinics, free and charitable
medical dispenaries for the poor and the needy
- Providing monetary help to the poor and needy
persons either free on on such terms and conditions
as the trustee may deem expedient.
- Providing relief to the poor and distressed
in times of famine, cyclone, floods, earthquakes
or other such unavoidable mishaps.