Malabar Group earmarks ₹150 crore for CSR in FY26
Malabar Group, the parent company of Malabar Gold & Diamonds, said it has allocated ₹150 crore in 2025-26 for scaling up its CSR initiatives focused on healthcare, education, hunger & poverty alleviation, women empowerment, environment protection and housing for less privileged.
Under its 'The Hunger Free World' initiative, the group has committed to distribute 70,000 meals daily in India and Zambia to the under-privileged, totalling 2.50 crore meals in 2025-26.
'This represents a significant leap from the cumulative achievement of 2.5 crore meals served over the past three years and signals a deepened commitment to the cause of food security for underserved communities,' the group said.
The initiative is aligned with the United Nations' Sustainable Development Goal 2 - Zero Hunger.
M.P. Ahammed, Chairman, Malabar Group said, 'CSR is an integral part of our culture and we believe in giving back to society. We dedicate May 28 as our annual CSR day; we reaffirm our pledge to stand with the underserved through sustained and impactful action.'
'Our CSR initiatives are a reflection of that enduring commitment. While we are doing our utmost, a greater impact can be achieved if more organisations join this mission. With 295 million people globally facing acute hunger (as per UN data), immediate action is non-negotiable,' he said.
'This urgency drives our meal distribution efforts under the Hunger Free World initiative. Having said that, along with food distribution, the need of the hour is concerted efforts to boost production, creating jobs, and fostering economic growth to bring in sustainable change,' he added.
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