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Ashika Ranganath inaugurates the Emmadi Silver Jewellery  flagship store in Bengaluru

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Premium silver jewellery brand Emmadi Silver Jewellery has officially entered the Karnataka market with the grand opening of its first store in the state, held in Malleshwaram, Bengaluru. The launch event on May 9th was headlined by popular Kannada actress Ashika Ranganath, who inaugurated the store and praised Emmadi’s elegant, heritage-inspired designs.

The ceremony also saw the attendance of former Karnataka Deputy Chief Minister Dr. C.N. Ashwath Narayan, alongside local dignitaries, customers, and jewellery enthusiasts. Located at No. 306, Ground Floor, 2nd Main Road, 16th Cross, Sampige Road, the new store aims to cater to Bengaluru’s discerning clientele with an extensive collection of over 75,000 handcrafted, gold-plated silver jewellery designs.

“Jewellery connects us to our roots and heritage,” said Ashika Ranganath at the event. “Emmadi’s pieces celebrate that connection with timeless elegance. I’m thrilled to be a part of their journey in Bengaluru.”

Expanding from its roots in Telangana and Andhra Pradesh, Emmadi’s entry into Karnataka marks a strategic move into a market known for its appreciation of tradition, craftsmanship, and value.

Founded in Hyderabad just four years ago, Emmadi Silver Jewellery has already built a customer base of over 150,000 worldwide, including a growing audience in the U.S. Known for its luxurious yet affordable silver offerings, the brand now plans an aggressive retail expansion across Karnataka. The next store is scheduled to open in Marathahalli within 10 days, followed by launches in Jayanagar and other key locations, with a goal of 10–15 stores across the state by the end of 2025.

The new outlet offers a fresh destination for jewellery lovers in Bengaluru looking for quality, tradition, and affordability under one roof.

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BrandBuzz

MCA raises “small company” thresholds – up to ₹10 cr capital & ₹100 cr turnover from 1st December 2025, major relief for jewellery trade

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In a landmark decision that will significantly ease compliance for thousands of jewellery businesses across India, the Ministry of Corporate Affairs (MCA) has revised the definition of “Small Company” under the Companies Act, 2013, effective 1st December 2025.GJC published and sent  out this important update to the jewellery trade.

New Eligibility Criteria (both conditions to be satisfied):

  • Paid-up Share Capital : ≤ Rs.10 Crore (earlier Rs.4 Crore)
  • Annual Turnover : ≤ Rs.100 Crore (earlier Rs.40 Crore) (as per the latest audited financial statements)

Any company exceeding even one of the above limits will cease to be a Small Company.

Key Benefits for Jewellers (Private Limited & Family-Owned Firms):

  • Only 2 Board Meetings required in a year
  • Exemption from mandatory Internal Audit in most cases
  • Substantially lower penalties for defaults
  • Simplified Annual Return via Form MGT-7A
  • No need to prepare Cash Flow Statement in financials
  • Exemption from mandatory Auditor Rotation – continue with existing trusted auditors
  • Reduced overall compliance cost and administrative burden

GJC advised jewellery firms  to immediately review their Paid-up Capital and Turnover for FY 2024-25 to confirm eligibility and start availing the relaxations from the current financial year itself.

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JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.

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