Malabar Group to donate INR 2 crore to Kerala CM’s distress relief fund
DUBAI: Malabar Group has announced a contribution of INR 2 crore (20 million Indian rupees) to Chief Minister’s distress relief fund to deal with the devastating flood in the Kerala state. Malabar Group Chairman M P Ahammed informed press that the Group will associate with district administrations at local levels in lending helping hands to the needy.
Group has already started distributing food and drinking water to the flood victims through Malabar Gold & Diamonds jewelry outlets across the state. M P Ahammed expressed grief and solidarity to the distressed suffering from the unprecedented flood and landslides. Shamlal Ahamed, Managing Director - International Operations of Malabar Gold & Diamonds commented “We would like to express our deepest sympathy and offer our sincere help to those suffering from the impact of the flood. We are hoping the earliest possible recovery and praying to the almighty for the restoration of the affected areas”. Malabar Gold & Diamonds is always at forefront when it comes to CSR activities. The group sets aside a fixed percentage of its net profit for the benefit of the needy in the respective markets it operates in. They undertake social welfare activities all year long, focusing on five priority areas such medical, educational sector, environment as well as housing and women empowerment.