M P Ahammed has been awarded the prestigious Business Bhushan Award at the Lokmat Maharashtrian of the Year Awards 2026 for his exceptional leadership and contribution to the jewellery industry. As the Chairman of Malabar Group, he has built a globally recognized brand that stands for quality, trust, and innovation. The award ceremony held in Mumbai celebrated individuals who have made significant contributions to their respective fields. Ahammed’s journey from humble beginnings to leading one of the world’s largest jewellery retail chains is an inspiring story of perseverance and vision. His leadership has driven the company’s expansion across international markets while maintaining a strong focus on ethical business practices. Additionally, his commitment to social responsibility has resulted in impactful initiatives in education, healthcare, and community development. This award recognizes not only his business success but also his efforts to create a sustainable and inclusive growth model that benefits both stakeholders and society.