Orchestrated Conspiracy to Tarnish Malabar Gold & Diamonds

Malabar Gold & Diamonds, one of the top five jewelry chain across the world said that an orchestrated conspiracy is taking place to malign the brand which has a trusted customer base across the globe. A photograph in which a Pakistan national flag engraved cake is being cut has been deliberately spread across social media platforms alleging that the same was done by Malabar Gold & Diamonds. The company has already clarified that it has no connection with the photograph being spread and it is a celebration held at another money exchange company in the Middle East, and their logo is clearly visible in the background. This being the fact, some quarters with clear vested interests are circulating this among unsuspecting people. Some of the local organizations were misguided with this fake image and they are organizing protest campaigns against the company in some markets.

Malabar Gold & Diamonds wishes to inform every stake holder once again that the company has nothing to do with the cake cutting photograph being circulated and the campaigns against the company using this particular image is part of a conspiracy to damage the brand by its business rivals. Upon an enquiry performed on the Company’s complaint regarding this cybercrime against it, Dubai Police has already arrested one person today and he is under custody now and the case will be referred to prosecution.

Malabar Gold & Diamonds is very much an Indian company upholding the values of Indian democracy. With its humble beginning in 1993 at Kozhikode, Malabar Gold & Diamonds has grown into an international jewelry chain today with 156 branches across 9 countries and over 8000 employees. Malabar Gold & Diamonds has 2,000 investors from varied regional, cultural and religious backgrounds of whom 400 are working within the company itself. Malabar Gold & Diamonds has significantly contributed to the country’s, health, education, women empowerment & housing through elaborate social responsibility programs in association with various state governments.

Malabar Gold maintains highest level of transparency and uprightness in all its operations. We request the general public not to be misguided with this kind of false propaganda.

Anybody who wishes to have more details on us may kindly reach us at +91 999 522 29 49 and speak to Mr. Nikhil Harindran.

Malabar GoldAbout Malabar Gold & Diamonds:
Malabar Gold & Diamonds is one of the World’s top 5 jewellery brands, with significant presence in India and GCC area. A true Indian brand, Malabar Gold draws inspiration from India’s rich cultural heritage and showcased Indian ethnic jewellery traditions to the World outside. Within India, Malabar Gold is one among the highest tax paying jewellery retailers and it always maintained the highest level of transparency and honesty in all its business endeavours. As a responsible Indian corporate citizen the company significantly contributes to the nation building through supporting State initiatives in segments such as Health, Education, Environment, Women Empowerment and Housing. It has supported 5,60,000 citizens for their healthcare needs with a spent of Rs. 28 Cr., it runs unique programs in education sector in association with IIM Kozhikode, disseminates 200 teacher scholarships in a single year, gives scholarships to 15,000 higher secondary girl students in Karnataka, Tamil Nadu and Andhra Pradesh, the group has also built 9,988 homes for the homeless at a CSR spent of 24.21 Cr. The group’s charitable trust was awarded by the Central Income Tax Department under the section 35 AC of the income tax Act, 1961 in honour of the best practices and support provided for the deserving homeless across India.

Other Highlights

  • Employee friendly organization, job opportunity provided to 8000 plus unemployed in India and overseas
  • Over 2000 investors from varied regional, cultural and religious backgrounds of whom 400 are working within the company.
  • Scholarships for the children of Malabar Group staff for higher studies, 484 recipients so far
  • Support hundreds of artisans who makes India jewellery
  • Huge marketing initiative to promote Brides of India globally to promote Indian culture
  • Customer awareness programs that motivates insisting for tax bill and thus being part of country’s economic stability
  • Support Make in India initiative, invested in many manufacturing units that makes Indian jewellery
  • A photograph in which a Pakistan national flag engraved cake is being
    cut has been deliberately spread across social media platforms alleging
    that the same was done by Malabar Gold & Diamonds. The company has
    already clarified that it has no connection with the photograph being
    spread and it is a celebration held at another money exchange company in
    the Middle East, and their logo is clearly visible in the background.