The proposed issue comprises a fresh issue of up to 1.36 crore shares and an offer for sale of up to 34 lakh shares, with proceeds earmarked for showroom expansion and debt repayment.

Kalyan Jewellers expands its Maharashtra footprint with a new Mulund showroom, alongside a Candere outlet.

Vummidi Bangaru Jewellers’ month-long bangle festival brings together gold, silver, diamond and platinum designs, with customisation and occasion-led collections.

The new service targets lightweight, daily-wear and gifting-led jewellery, with four-hour delivery currently available across Mumbai and Navi Mumbai.

Senco Gold & Diamonds has partnered with Olocker to offer free jewellery insurance on qualifying purchases, covering snatching, robbery and housebreaking risks to customers across the retail network.

Kalamandir Jewellers has opened a 1,000 sq ft Platinum Experience Zone at its new flagship store in Vadodara, expanding its dedicated platinum retail presence in Gujarat.

Jewellery manufacturers in Coimbatore have urged the Tamil Nadu government to prioritise MSMEs in future gold ring tenders after local units were unable to match bids for a 4.41-lakh-ring order.

Jewels by Annu Chadha has opened a flagship boutique at The Corridors, Chattarpur, New Delhi, expanding its retail presence in South Delhi and the wider NCR market.

Madhya Pradesh-based Kataria Jewellers has filed its DRHP with SEBI for an IPO comprising 16 million fresh equity shares, with proceeds earmarked for stores, debt repayment and corporate purposes.

Rising gold prices are prompting Indian consumers to sell old jewellery for cash, while organised jewellers expand cash-for-gold programmes to increase recycled gold supply.

Organized jewellers are expanding cash-for-gold programmes ahead of the festive season as elevated bullion prices affect fresh demand and retailers seek greater access to recycled gold.

Aditya Birla Capital will enter India’s gold loan market, targeting 1,000 dedicated branches over three years as rising gold values support secured lending demand.

The government is considering changes to its gold deposit framework, including a role for jewellers, to bring more privately held gold into the financial system and reduce import dependence.

Kalamandir Jewellers has opened a 1,000-plus sq ft Platinum Experience Zone at its Vadodara flagship, expanding its dedicated platinum retail format across Gujarat.