Malabar Group Announces Scholarships for Over 3,900 Girl Students, Reinforces its Vision for Women Empowerment

Malabar
Group,
a
leading
Indian
business
conglomerate
and
the
parent
company
of
Malabar
Gold
&
Diamonds,
announced
its
Educational
Scholarships
for
girl
students
in
Telangana
for
the
2024–2025
academic
year.
The
announcement
was
made
during
an
event
at
The
Telangana
State
IAS
Officers
Institute
in
Somajiguda,
Hyderabad.
This
announcement
marks
a
significant
milestone
in
the
Group’s
flagship
CSR
initiative,
the
Malabar
Scholarship
Programme,
which
underscores
its
commitment
to
supporting
girls’
education.
The
event
was
inaugurated
by

Smt.
D
Anasuya
Seethakka
Garu,
Minister
for
Panchayat
Raj
&
Rural
Development
(including
Rural
Water
Supply),
Women
&
Child
Welfare,
Government
of
Telangana.
The
Group’s
top
leadership,
including,
Mr
Asher
O,
MD
–
India
Operations
–
Malabar
Group,
Mr.
Siraj
PK,
Retail
Head
–
Rest
of
India
–
Malabar
Gold
&
Diamonds,
Mr.
Mohammed
Shareej
K,
Zonal
Head,
Malabar
Gold
&
Diamonds,
Mr.
Shanib
K,
Zonal
Head,
Malabar
Gold
&
Diamonds
were
also
present
at
the
event
along
with
other
management
team
members
of
Malabar
Gold
&
Diamonds,
customers,
well-wishers
and
students.
This
year,
the
scholarship
program
in
India
has
earmarked
a
budget
of
Rs.
16
crore
to
support
the
education
of
over
21,000
girl
students.
In
Telangana,
a
total
of
Rs.
3.14
crore
has
been
allocated
to
assist
the
education
of
more
than
3,900
girl
students
across
116
colleges
in
the
state.
 

Malabar
Group
Announces
Scholarships
for
Over
3,900
Girl
Students,
Reinforces
its
Vision
for
Women
Empowerment

Speaking
about
the
initiative,

MP
Ahammed,
Chairman of
Malabar
Group,
said,

“Education
is
the
most
powerful
tool
to
change
the
world.
Our
scholarship
programme
is
a
direct
reflection
of
Malabar
Group’s
deep-rooted
belief
that
education
unlocks
opportunities
and
transforms
lives.
We
are
committed
to
removing
barriers
for
young
girls
so
they
can
fulfil
their
educational
aspirations
and
contribute
meaningfully
to
society.”

Since
its
inception,
Malabar
Group
has
demonstrated
a
strong
commitment
to
inclusive
growth
through
its
social
welfare
activities.
In
1999,
the
Malabar
Charitable
Trust
(MCT)
was
created
to
structure
and
expand
these
efforts.
The
group
allocates
5%
of
its
profits
to
CSR
initiatives,
which
span
education,
healthcare,
environmental
sustainability,
and
poverty
alleviation,
focusing
on
empowering
marginalized
communities.

The

Malabar
National
Scholarship
Programme,
launched
in
2007,
is
a
flagship
initiative
under
its
CSR
framework.
To
date,
over
Rs.
60
crore
has
been
contributed
to
support
the
programme,
providing
financial
aid
to
more
than
95,000
girl
students
across
India
&
over
Rs.
13.74
crore
has
been
contributed
to
the
support
of
more
than
22,400
girl
students
in
Telangana
State.
By
focusing
on
girls’
education,
Malabar
Group
aims
to
uplift
not
just
individuals
but
entire
communities,
ensuring
future
generations
are
equipped
with
the
tools
for
social
and
economic
progress.

In
addition
to
the
scholarship
programme,
the
Malabar
Group’s
Hunger-Free
World
Project
provides
nutritious
meals
to
the
underprivileged
across
the
country.
Supported
by
a
strong
network
of
volunteers
and
partnerships
with
local
NGOs,
the
initiative
is
committed
to
eradicating
hunger
and
ensuring
food
security
for
all.
Currently,
over
60,000
food
packets
are
distributed
daily
in
81
cities
across
17
states
in
India.
Additionally,
10,000
food
packets
are
provided
every
day
to
school
students
in
Zambia.
Malabar
Group
aims
to
scale
the
project
to
serve
100,000
people
daily
at
200
centres.
The
Hunger-Free
World
Project
is
being
implemented
in
collaboration
with
Thanal,
a
voluntary
organisation,
which
is
active
in
social
service.
 

The
Malabar
Group
has
also
launched
the
Grandma
Home
project,
which
provides
free,
fully
equipped
accommodation
for
destitute
women,
offering
them
protection
and
care.
Currently,
homes
are
operational
in
Hyderabad
and
Bengaluru,
with
plans
to
expand
to
major
cities
in
Kerala,
as
well
as
Chennai,
Kolkata,
Delhi,
and
Mumbai. 

We
have
also
established
581
micro-learning
centers
across
12
states,
dedicated
to
educating
dropout
students.
To
date,
we
have
supported
over
25,800
students.
The
Group’s
CSR
initiatives
aimed
at
uplifting
marginalized
communities
include
medical
aid
for
the
underprivileged,
support
for
housing
construction,
and
financial
assistance
for
the
marriages
of
women
in
need.
To
date,
the
Malabar
Group
has
invested
over
Rs.
282.29
crore
in
various
social
responsibility
projects,
reflecting
its
commitment
to
sustainable
development.

Malabar
Group’s
continued
focus
on
impactful
initiatives
such
as
education
and
hunger
relief
exemplifies
the
company’s
belief
that
sustainable
growth
is
only
possible
when
communities
are
empowered
and
supported
in
every
way
possible.
This
dedication
will
remain
at
the
heart
of
all
future
endeavours
as
the
Group
continues
to
expand
both
its
business
and
social
responsibilities.

Malabar
Charitable
Trust
(MCT)
founded
in
the
year
1999
is
the
CSR
wing
of
Malabar
Group
of
Companies.
The
group
allocates
up
to
5%
of
its
profits
towards
CSR
and
philanthropic
initiatives.
MCT
activities
have
been
channelised
through
the
Malabar
Gold
&
Diamonds
(MGD)
Showrooms,
the
flagship
company
of
Malabar
Group,
across
the
country
and
also
with
operational
support
from
grassroots
organisations
working
in
local
communities.