New Delhi, March 26, 2026: Malabar Gold & Diamonds has announced a ₹200 crore Corporate Social Responsibility (CSR) outlay for the financial year 2026–27, with a focus on education, healthcare, hunger relief, housing, and environmental initiatives. The announcement was made at an event held at Dr. Ambedkar International Centre in the presence of Union Minister for Commerce and Industry, Piyush Goyal.
As part of the initiative, the Union Minister inaugurated the distribution of scholarships for 33,000 girl students across India. The programme is one of the key components of the company’s CSR efforts aimed at promoting education and empowering young women.
Speaking at the event, Piyush Goyal said the initiatives of Malabar Charitable Trust align closely with the government’s vision of empowering girls through programmes such as Beti Bachao, Beti Padhao. He added that “Malabar Gold & Diamonds’ decision to allocate INR 200 crore towards CSR will further strengthen the nation’s progress,” emphasizing that India’s growth is rooted in the empowerment of its people - especially women and girls and appreciating the company’s efforts in driving meaningful change through education.”
“He also encouraged students and young citizens to dream big, aspire beyond limitations, and seize the vast opportunities India offers, urging them to contribute actively to the nation’s growth story. He also encouraged students and young citizens to dream big, aspire beyond limitations, and seize the vast opportunities India offers, urging them to contribute actively to the nation’s growth story.”
Mr. M.P. Ahammad, Chairman, Malabar Group, highlighted the importance of education, stating, “Human resource development is the backbone of national growth. He noted that nurturing talent through quality education is essential, and that the scholarship programme enables students to achieve academic success and contribute to the country’s development. He added that the group remains committed to creating sustainable, long-term societal impact through significant CSR investments.”
The CSR initiatives will be implemented across more than 3,000 locations in 19 states, covering 15 major programmes and expected to benefit over 2 lakh people. A significant portion—₹114 crore—has been allocated to education initiatives, including scholarships and micro-learning centres for street children.
Other allocations include ₹30 crore for the Hunger Free World project, ₹14.2 crore for healthcare initiatives, ₹25 crore for housing projects such as the ‘Grandma Home’ initiative, ₹10 crore for environmental protection, and ₹6.8 crore for other humanitarian activities.
The company has also partnered with organisations such as Pratham Education Foundation and Thanal to implement its programmes. It currently operates 1,543 micro-learning centres across 17 states, with plans to expand to 2,500 centres and increase student enrolment to 1 lakh.
Malabar Gold & Diamonds stated that its CSR efforts are guided by ESG principles, with 5% of net trading profit allocated annually towards social initiatives. To date, the company’s programmes have positively impacted over 1.8 million people across India.
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