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Malabar Group Announces Scholarships for Over 3,900 Girl Students, Reinforces its Vision for Women Empowerment

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.

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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, Mr Asher O, MD – India Operations – Malabar Group, Mr. Siraj PK, Retail Head – Rest of India – Malabar Gold & Diamonds, Mr. Mohammed Shareej K, Zonal Head, Malabar Gold & Diamonds, Mr. 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 program in India has earmarked a budget of ₹16 crore to support the education of over 21,000 girl students. In Telangana, a total of ₹3.14 crore has been allocated to assist the education of more than 3,900 girl students across 116 colleges in the state.

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% of its profits to CSR initiatives, which span education, healthcare, environmental sustainability, and poverty alleviation, focusing on empowering marginalized communities.

The Malabar National Scholarship Programme, launched in 2007, is a flagship initiative under its CSR framework. To date, over ₹60 crore has been contributed to support the programme, providing financial aid to more than 95,000 girl students across India & over ₹13.74 crore has been contributed to the support of 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.

In addition to the scholarship programme, the Malabar Group’s Hunger-Free World Project provides nutritious meals to the underprivileged across the country. Supported by a strong network of volunteers and partnerships with local NGOs, the initiative is committed to eradicating hunger and ensuring food security for all. Currently, over 60,000 food packets are distributed daily in 81 cities across 17 states in India. Additionally, 10,000 food packets are provided every day to school students in Zambia. Malabar Group aims to scale the project to serve 100,000 people daily at 200 centres. The Hunger-Free World Project is being implemented in collaboration with Thanal, a voluntary organisation, which is active in social service. 
 

The Malabar Group has also launched the Grandma Home project, which provides free, fully equipped accommodation for destitute women, offering them protection and care. Currently, homes are operational in Hyderabad and Bengaluru, with plans to expand to major cities in Kerala, as well as Chennai, Kolkata, Delhi, and Mumbai. 

We have also established 581 micro-learning centers across 12 states, dedicated to educating dropout students. To date, we have supported over 25,800 students.  

The Group’s CSR initiatives aimed at uplifting marginalized communities include medical aid for the underprivileged, support for housing construction, and financial assistance for the marriages of women in need. To date, the Malabar Group has invested over ₹282.29 crore in various social responsibility projects, reflecting its commitment to sustainable development.

Malabar Group’s continued focus on impactful initiatives such as education and hunger relief exemplifies the company’s belief that sustainable growth is only possible when communities are empowered and supported in every way possible. This dedication will remain at the heart of all future endeavours as the Group continues to expand both its business and social responsibilities.

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.”

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888.88-Carat Infinity Diamond Unveiled At Dubai Diamond Conference 2026

An Extraordinary Fancy Black Natural Diamond, Fashioned From A 1,138-Carat Rough Stone Discovered In The Democratic Republic Of The Congo, Highlights The Enduring Importance Of Rarity, Provenance and Craftsmanship In The Natural Diamond Industry.

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The Dubai Diamond Conference 2026 featured the unveiling of the Infinity diamond, an exceptional 888.88-carat fancy black natural diamond presented by Diamond Trading NV. The remarkable stone brought together a compelling history spanning five decades, exceptional natural characteristics and an intricate transformation from a 1,138-carat rough diamond into a finished gemstone of extraordinary scale.

Originating from the Democratic Republic of the Congo (DRC), the diamond’s story dates back to 1975, when Andrew Coxon acquired the rough stone on behalf of De Beers. Its journey from acquisition to finished diamond reflects the combination of geological rarity, specialist assessment and the technical expertise required to work with an exceptional natural stone.

From a 1,138-Carat Rough to an Extraordinary Finished Diamond

The Infinity diamond’s origins distinguish it from conventional diamond discoveries and commercial cutting projects. Weighing 1,138 carats in its rough form, the stone represented a significant natural specimen even before the transformation that would ultimately give it its present identity.

In 2013, the rough diamond was examined by the Gemological Institute of America (GIA). At that time, the institute documented it as the largest single-crystal natural diamond it had examined and reported on. The assessment added an important gemological dimension to the stone’s history, establishing a documented reference point for its exceptional size and natural origin.

The diamond subsequently underwent an extensive transformation between 2022 and 2024, culminating in the finished 888.88-carat Infinity diamond. Converting a rough diamond of this magnitude into a finished gemstone requires careful evaluation of its natural structure, the distribution of material within the stone and the desired final form. Every decision must balance the preservation of the diamond’s distinctive characteristics with the technical requirements of shaping and finishing it.

The difference between its original weight of 1,138 carats and its finished weight of 888.88 carats reflects the material removed during the transformation process. However, the significance of such a project extends beyond weight retention: the objective is to reveal and preserve the qualities that make an exceptional natural diamond distinctive.

The Significance of Its Fancy Black Colour

The Infinity diamond’s designation as a fancy black natural diamond adds another dimension to its appeal. Unlike the colourless diamonds that traditionally dominate discussions of high-value diamond grading, fancy black diamonds occupy a distinctive position within the broader natural diamond market.

Their appearance, visual character and rarity offer a different aesthetic from the brilliance and transparency commonly associated with colourless diamonds. Black diamonds can appeal to collectors, designers and luxury consumers seeking stones that make a strong visual statement while offering an alternative to conventional diamond jewellery.

For an exceptionally large natural diamond, colour and character become integral to its identity. The Infinity diamond’s scale, black appearance and documented history combine to distinguish it from more familiar categories of high-value diamonds.

Its presentation also illustrates the breadth of the natural diamond category, which encompasses stones with widely differing colours, structures, sizes and visual properties. Such diversity can create opportunities for specialist collectors and luxury brands to explore new interpretations of exclusivity and design.

Provenance: A Defining Element of Natural Diamond Value

The Infinity diamond’s history demonstrates why provenance has become an important consideration in the natural diamond business. Its documented journey—from the Democratic Republic of the Congo and its acquisition in 1975 to its examination by GIA in 2013 and transformation between 2022 and 2024—provides a historical narrative that extends well beyond the finished gemstone.

In the premium diamond market, provenance can contribute to a stone’s identity by connecting its geological origin with its ownership, assessment and subsequent development. For exceptional stones, this historical record can distinguish an individual diamond from others with similar physical characteristics.

Craftsmanship Behind the Transformation

Transforming a rough diamond weighing more than 1,100 carats into a finished stone weighing 888.88 carats is an undertaking that calls for specialised technical knowledge and careful planning.

Large natural diamonds present challenges that differ considerably from those encountered in the cutting of more conventional stones. Their internal structure, natural features and overall form influence the decisions involved in processing them. The scale of the material increases the importance of understanding how each stage of the transformation may affect the finished diamond.

The Infinity diamond’s development over the 2022–2024 period highlights the time and expertise that can be involved in bringing an exceptional rough stone to its finished form. Its presentation at the Dubai Diamond Conference offered an opportunity to appreciate the result of that process and the relationship between a diamond’s natural formation and the human skill involved in shaping it.

For the wider diamond industry, such projects also reinforce the importance of specialist expertise in handling rare stones. While technology continues to influence diamond evaluation, planning and manufacturing, the transformation of exceptional natural diamonds remains a highly specialised discipline.

Dubai’s Role in the Global Diamond Industry

The unveiling at the Dubai Diamond Conference 2026 placed the Infinity diamond before an international audience in one of the world’s important diamond trading centres.

Dubai has developed a prominent role in the global diamond trade, connecting producers, manufacturers, dealers, retailers and other market participants across established and emerging trading corridors. Its position as an international commercial hub provides a setting in which exceptional stones can be presented to industry stakeholders and discussed in the context of wider market developments.

The display of a diamond of this scale also offers an opportunity to highlight the diversity of the natural diamond business. Alongside the large volumes of rough and polished diamonds that move through global trading centres, exceptional individual stones attract attention because of their rarity, distinctive characteristics and historical significance.

For Dubai, presentations of this nature contribute to the city’s profile as a venue for industry engagement, commercial networking and the showcasing of significant diamonds. They also provide a platform for conversations about the role of natural diamonds in the luxury economy and the factors that shape their long-term appeal.

Reinforcing the Appeal of Natural Diamonds

The Infinity diamond’s unveiling comes against a backdrop in which the diamond industry continues to address changing consumer preferences, evolving product categories and the need to communicate the distinctive attributes of natural diamonds.

Its story offers a different perspective on the value proposition of natural stones. Rather than focusing exclusively on size, price or conventional grading characteristics, the diamond brings together several elements: an exceptional rough weight, a documented historical record, a distinctive fancy black appearance and a transformation extending across several years.

These attributes underline how individual natural diamonds can develop identities of their own. For collectors and luxury consumers, the appeal of a rare stone may lie not only in its physical properties but also in its geological origins, documented history and the craftsmanship involved in its transformation.

At the same time, an individual unveiling should not be interpreted as evidence of broader market-price movements or changing consumer demand. The Infinity diamond is a singular example of an exceptional natural stone, and its significance is best understood through its specific characteristics and history.

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