Hyderabad: 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, Asher O, MD – India Operations – Malabar Group, Siraj PK, Retail Head – Rest of India – Malabar Gold & Diamonds, Mohammed Shareej K, Zonal Head, Malabar Gold & Diamonds, 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 programme in India has earmarked a budget of ₹16 Crores to support the education of over 21,000 girl students. In Telangana, a total of ₹3.14 Crores has been allocated to assist the education of more than 3,900 girl students across 116 colleges in the State.
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 per cent of its profits to CSR initiatives, which span education, healthcare, environmental sustainability, and poverty alleviation, focusing on empowering marginalised communities.
The Malabar National Scholarship Programme, launched in 2007, is a flagship initiative under its CSR framework. To date, over ₹60 Crores has been contributed to support the programme, providing financial aid to more than 95,000 girl students across India. Over ₹13.74 Crores has contributed to supporting 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.
