The Founder’s Journey

The ascent of the Ashly Group is inextricably linked to the dynamic leadership and foresight of our Founder and Managing Director, Mr. Antony D. Mundackal. A native of Kothamangalam, Mr. Antony’s journey began in the Middle East during the early 1980s, where he first mastered the complexities of the aluminum trade. In 1986, he returned to formally incorporate Ashly Aluminium, laying the foundation for what would become a market leader.

Pioneering a Market

Mr. Antony entered the industry at a pivotal time—when the significance of aluminum extrusions was largely unrecognized in the region. While many were reluctant to move away from traditional materials like iron and wood, he saw the future.

By establishing Ashly Aluminium Traders, he championed aluminum as the superior choice for modern furnishing and fabrication. His deep market expertise and persistence successfully shifted consumer preference, turning the 'white metal' into a household and industrial staple.

Expansion & Growth

Under his leadership, Ashly has evolved into a 300-crore venture, with a clear roadmap to double this turnover in the near future.

Our Social Mission: The Mundackal Charitable Trust

At Ashly, we believe that an organization is only as strong as the ecosystem it supports. Our growth is deeply intertwined with our commitment to social upliftment. Managed by Mr. Antony and established in memory of his beloved parents, the Late M.C. Devassykutty and Late Brijit Devassykutty, the Mundackal Charitable Trust serves as our group’s philanthropic arm.

A Commitment to Compassion

Every year, a significant portion of the Ashly Group’s profits is dedicated to the Trust to fund life-changing initiatives, including:

• Educational Support: Providing consistent funding for the education of bright and economically backward children.
• Healthcare Assistance: Generous financial aid for underprivileged patients battling Cancer, AIDS, and Heart or Kidney diseases.
• Beyond healthcare and education, we facilitate a structured monthly distribution of funds specifically for widows and the elderly who have been deprived of basic financial support.

Join Our Mission

To expand the reach of these initiatives, the Trust welcomes external contributions from those who share our vision of a more equitable society.

Note to Donors: Financial contributions are eligible for tax exemptions under Section 80 G (5) (vi) of the Income Tax Act, 1961.