Monday, 8 Mar 2021
Malabar Group has announced a contribution of total R70mn to the Kerala flood relief.

Malabar Group tends to make sizeable contribution to Kerala flood relief

The flood that swept away nearly half of Kerala has expense several lives and home. The all round loss is but to be estimated nonetheless, Chief Minister Pinarayi Vijayan and the government is top a really commendable rehabilitation perform. To assistance the activities of the Chief Minister, M P Ahammed, chairman, Malabar Group handed more than a cheque of R20mn at Trivandrum, Kerala. He also committed  monetary aid of R50mn for rebuilding and repairing homes lost and broken in the flood. This contains R10mn collected from the staff of Malabar Group. Hence, the total relief from Malabar Group is R70mn. All relief activities will be routed via Malabar Housing Charitable Trust.

Malabar Gold &amp Diamonds is often at forefront when it comes to CSR activities. The group sets aside a fixed percentage of its net profit for the advantage of the needy in the respective markets it operates in. They undertake social welfare activities all year lengthy, focusing on 5 priority locations such healthcare, educational sector, atmosphere as nicely as housing and ladies empowerment. Malabar Gold &amp Diamonds is the flagship organization of Malabar Group, a top diversified Indian company conglomerate. Established in 1993 in Kerala, Malabar Gold &amp Diamonds right now has a powerful retail network of more than 225 outlets across nine nations.

Information Source: Muscat Daily

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