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Hari Krishna Exports Celebrates 12 Years at The Capital, Mumbai

Conducts Life-Saving Initiative: Blood Donation Drive and Eye Check-Up Camp at Bharat Diamond Bourse, BKC, Mumbai

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Hari Krishna Exports Pvt. Ltd. (HK), a globally renowned ethical diamond sourcing company, commemorated its 12-year milestone at The Capital, Bandra Kurla Complex (BKC), Mumbai, with a significant humanitarian initiative—a blood donation drive. This event was not just a celebration of HK’s growth but a reaffirmation of its deep-rooted commitment to social responsibility.

A Legacy Built Over Decades

HK’s journey in Mumbai began in 1994, when the Dholakia brothers—Savji, Tulsi, Himmat, and Ghanshyam—opened their first Mumbai office at Panchatantra, marking a crucial step in expanding their diamond business. As the company grew, so did its presence in the city, moving to Shreeji Chambers in 1997 and later to Prasad Chambers in 2003 to accommodate its rising workforce.

By 2013, HK had firmly established itself as a leader in the diamond industry, opening its prestigious 44,000 sq. ft. office at Bandra Kurla Complex, Mumbai’s financial hub. This expansion showcases the company’s commitment to the relentless pursuit of excellence and innovation.

Celebrating with Purpose

To mark this 12-year milestone at The Capital, HK organised a large-scale blood donation drive, bringing together employees, industry partners, and volunteers. The event, held at the Convention Hall, BKC, Bandra (E), Mumbai, from 10 AM to 6 PM, witnessed an overwhelming response, with 520 units of blood collected, contributing to a cumulative total of 19983 bottles donated over the years.

This remarkable event was graced by our esteemed Mr. Kiritbhai Bhansali Mumbai BJP-Treasurer and Vice Charmen GJEPC, and other notable figures from the Banking and diamond industry were in attendance, lending their support to the cause and recognizing the company’s efforts toward philanthropy and employee well-being.

A Commitment Beyond Diamonds

HK has always prioritised the health and well-being of its employees, ensuring comprehensive health check-ups and wellness programs. The blood donation drive is just one of many initiatives aimed at fostering a culture of care, solidarity, and responsibility.

The event was meticulously organised with the support of experienced medical professionals, ensuring a smooth and safe donation process. Donors were provided with refreshments and tokens of appreciation, symbolising HK’s gratitude for their selfless act.

A Message of Gratitude and Vision for the Future

In a statement  Ghanshyam Dholakia expressed,“We are deeply grateful for the overwhelming participation in our blood donation drive. Over the past 12 years, our journey at The Capital has been made possible by the unwavering dedication of our employees, partners, and customers. This initiative is not just a celebration of our achievements but a testament to our commitment to giving back to society. We look forward to continuing this tradition of care and responsibility for years to come.”

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National News

Augmont-NSE Partnership Drives Strong Start for India’s Gold EGR Market, with Over 1,60,357 Units Traded in First Few Hours

Electronic Gold Receipts segment witnesses active two-way trading on day one, with 1,60,375 units traded, representing approximately 6 kg of gold and a traded value of ₹23.34 crore as of 04:25 PM

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India’s gold market took an important step towards greater integration with the commencement of live trading in the Electronic Gold Receipts (EGR) segment on the National Stock Exchange of India (NSE) today. Enabled through the collaboration between NSE and Augmont Enterprises Limited, the launch brings together NSE’s regulated exchange infrastructure and Augmont’s integrated physical gold ecosystem, creating a new avenue for investors to trade physically backed gold.

On its opening day, the EGR segment witnessed active two-way trading, with 1,60,357 units traded by approximately 04:25 PM, representing around 6 kg of gold. The trading activity translated into a cumulative traded value of approximately Rs.23.34 crore during the first session. The segment also demonstrated orderly price discovery, with prices remaining within a narrow intraday range of Rs.1,450.50 to Rs.1,460.00. The bid-ask spread remained between Rs.0.50 and Rs.1.00, indicating continuous two-way quotations and an active order book.


Each EGR represents 100 mg of physical gold, with the underlying gold held in SEBI-regulated vaults. Investors can buy and sell EGRs through their demat accounts on the exchange, while retaining the option of converting their holdings into physical gold, subject to the applicable framework. The segment follows a T+1 settlement cycle, under which trades executed on a particular day are settled on the next business day, facilitating the transfer of securities and funds through the exchange’s regulated clearing and settlement mechanism.

Under the strategic collaboration, Augmont serves as a key physical gold and infrastructure partner for NSE’s EGR segment, supporting the creation, vaulting, redemption and liquidity ecosystem. The gold backing the EGRs is sourced through Augmont’s integrated refining infrastructure, bringing together physical gold processing and exchange-based trading within a regulated framework.

The commencement of live trading marks an important step towards building a more transparent and accessible gold market in India. By enabling standardised gold to be traded through an exchange-based mechanism, EGRs have the potential to strengthen price discovery, improve market participation and create a more integrated ecosystem for physical gold.

Ketan Kothari, Whole-time Director, Augmont Enterprises Limited, said:

“The commencement of EGR trading marks the transition of our collaboration with NSE from building the underlying infrastructure to enabling a live, exchange-traded gold market. The day-one trading activity, continuous two-way quotations and orderly price discovery are important initial milestones for a new market segment.

At Augmont, we have brought together our refining capabilities and physical gold infrastructure to support the creation, vaulting and redemption of EGRs. We believe this initiative can play an important role in making physical gold more accessible, transparent and integrated with India’s formal financial ecosystem. Our focus remains on strengthening the ecosystem and supporting its wider adoption among investors, brokers and other market participants.“

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