Mangalore University has awarded an Honorary Doctorate to K Prakash Shetty, Founder Chairman of MRG Group, recognizing his significant contributions to society. The degree was conferred by Karnataka Governor Thawar Chand Gehlot during Mangalore University’s 42nd annual convocation on Saturday, June 15. Notable attendees included Prof. Sachin Chaturvedi, Director General of Research and Information System for Developing Countries, Karnataka’s Higher Education Minister and Mangalore University Pro-Chancellor MC Sudhakar, and the university’s Vice-Chancellor Prof. PL Dharma.

“I am honoured and humbled to receive this Honorary Doctorate. I extend my sincere gratitude to Mangalore University and its officials for this inspiring honour,” Shetty commented on receiving the degree.

Shetty, an accomplished leader in the hospitality sector with over 30 years of experience, launched his first venture, Banjara in Udupi in 1993. Today, MRG Group spans luxury boutique hotels, fine dining restaurants, and real estate ventures. The group operates hotels under its flagship brand Goldfinch Hotels & Resorts in Bengaluru, Mangalore, Mumbai, and New Delhi, with upcoming projects in Goa, Sakleshpur, Chikmagalur, Chennai, Hyderabad, Pune, and Pondicherry under brands like Marriott, DoubleTree by Hilton, and JW Marriott.

Shetty is also known for his commitment to social causes and has received prestigious awards like the Kannada Rajyotsava Award and the Bharat Gaurav Ratna Award. He supports several healthcare and education projects, reflecting his deep commitment to giving back to society. MRG Group aims to emerge as a national player in the luxury residential segment, with landmark projects in Bengaluru.