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GJEPC Webinar Guides Members On Digital Services, E-RCMC Process and Membership Benefits

Presentation Underscored How These Initiatives Are Designed To Strengthen The Competitiveness Of India’s GJ Sector While Simplifying Business Processes For Exporters and Manufacturers.

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GJEPC conducted a webinar on “Membership Benefits, Digital Directory & e-RCMC Process” on 16 July 2026, providing members with practical guidance on the Council’s services, digital platforms and regulatory processes.

The session was led by Mithilesh Pandey, Senior Director – Membership, GJEPC, who presented an overview of the Council’s role, organizational structure and the advantages of GJEPC membership. He also outlined several initiatives and services available to members, including MSME schemes, the Hand Carriage Facility, the Digital Members Directory, Bharat Ratnam Mega Common Facility Centre (Mega CFC), Importer Exporter Code (IEC), ICEGATE, AD Bank registration, Customs KYC, IJEX, IIJS exhibitions, the Parichay Card programme and the PM Vishwakarma Scheme.

Pandey explained how these initiatives are designed to strengthen the competitiveness of India’s gem and jewellery sector while simplifying business processes for exporters and manufacturers.

The webinar also featured a live demonstration by Archana Bhosale, Assistant Manager – Membership, GJEPC, who showcased the Digital Members Directory available through the GJEPC portal. She walked participants through the platform’s key features, including member login, profile management, company search, viewing rights requests and business networking tools.

Bhosale further demonstrated the process for updating the Importer Exporter Code (IEC) and submitting e-RCMC applications through the DGFT portal, offering step-by-step guidance to help members complete the procedures efficiently.

The webinar attracted strong participation from a total of 75 GJEPC members, who engaged actively during the interactive Q&A session. The speakers addressed a wide range of queries before the programme concluded with a vote of thanks to participants for their active involvement.

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GRT Jewellers Bets Big on TBZ to Acquire 74% for ₹1,034 Crore

The deal, signed on August 31, 2026, values the transaction at up to ₹209 per share and marks a significant reshaping of India’s organised jewellery retail landscape.The transaction will give GRT sole control of TBZ, including the right to appoint nominee directors.

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In a landmark consolidation move, GRT Jewellers is set to take control of Tribhovandas Bhimji Zaveri (TBZ), acquiring a 74.12% promoter stake for up to Rs.1,034 crore. The deal, signed on August 31, 2026, values the transaction at up to ₹209 per share and marks a significant reshaping of India’s organised jewellery retail landscape.

GRT Jewellers (India) Private Limited will acquire the entire stake held by TBZ’s promoter group, including Shrikant Gopaldas Zaveri (50.06%), Bindu Shrikant Zaveri (5.24%), Binaisha Shrikant Zaveri (7.92%), Raashi Shrikant Zaveri (6.85%) and two promoter-group entities holding 2.02% each.

The acquisition will trigger a mandatory open offer for the remaining public shareholding, with GRT set to launch an offer for up to 26% of TBZ’s equity in accordance with applicable SEBI regulations.

The transaction will give GRT sole control of TBZ, including the right to appoint nominee directors. The existing promoter directors—Shrikant Gopaldas Zaveri, Binaisha Shrikant Zaveri and Raashi Shrikant Zaveri—are expected to step down following completion.

For TBZ, one of India’s oldest and most recognised jewellery brands, the deal signals a major transition from promoter-led ownership to strategic control by one of the country’s prominent jewellery players. For GRT, it represents an ambitious expansion of its footprint and a potentially transformative bet on TBZ’s established brand equity, retail network and customer franchise.

The deal could emerge as one of the most significant strategic moves in India’s organised jewellery sector, underscoring the accelerating consolidation of a market where scale, brand strength and retail reach are becoming increasingly decisive.

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