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KISNA Diamond & Gold Jewellery Introduces Gold Rate Protection Plan Ahead of Akshaya Tritiya, Enabling Customers To Lock Prices In Advance

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  • Allows customers to freeze gold prices with a 25% advance during a defined period
  • Akshaya Tritiya contributes nearly 15–18% to annual revenue, reinforcing its significance as a peak demand window
  • Ensures customers pay the lower of the booking-day or invoicing-day gold rates
    Designed to help festive and wedding buyers plan purchases amid price volatility

Mumbai, 04 April 2026: KISNA Diamond and Gold Jewellery, one of India’s foremost jewellery brands, today announced the launch of its Gold Rate Protection Plan, a strategic initiative aimed at helping customers navigate gold price volatility and plan their festive purchases with greater confidence ahead of Akshaya Tritiya.

Introduced in the run-up to the festive season, the plan allows customers to lock in prevailing gold rates by booking their jewellery in advance during a defined promotional window. The initiative reflects KISNA’s continued focus on offering customer-centric solutions that combine value, transparency and flexibility during key purchase occasions.

Under the Gold Rate Protection Plan, customers can freeze the gold rate by paying a 25% advance on their selected jewellery. The plan remains valid until April 19, coinciding with Akshaya Tritiya. Customers can select their jewellery in advance and complete the final purchase on the festive day, ensuring both convenience and price assurance.

The plan has been structured to safeguard customers against price fluctuations, ensuring that they are billed at the lower of the gold rate on the day of booking or the day of final invoicing. This mechanism enables customers to remain protected regardless of market movements, offering a clear advantage in a volatile pricing environment.

The offer is valid across gold and diamond-studded jewellery categories and is available at all KISNA exclusive brand showrooms. It is specifically designed for festive and wedding buyers planning purchases during the season, rather than for investment-led buying such as coins or bullion.

As this is the first time KISNA has introduced such a proposition, the brand expects the plan to contribute approximately 25% of its monthly business, with early consumer response indicating encouraging traction. Participation is expected to build further as awareness increases closer to the festive period.

Commenting on the launch, Mr. Ghanshyam Dholakia, Founder & Managing Director, Hari Krishna Exports and KISNA Diamond and Gold Jewellery, said:

“In a volatile gold price environment, the industry is seeing increasing unpredictability in purchase cycles, especially around key festive periods. For us, Akshaya Tritiya contributes nearly 15% to 18% of our annual revenue, making it a critical business window. Structured offerings like the Gold Rate Protection Plan help bring greater visibility to demand while encouraging advance bookings and strengthening conversions during this period.”

Commenting on the launch, Parag Shah, CEO, KISNA Diamond & Gold Jewellery, said:

“With gold prices witnessing ongoing fluctuations, customers are becoming more cautious and value-conscious in their purchase decisions. The Gold Rate Protection Plan has been introduced to address this need by offering price assurance and flexibility. It allows customers to plan their purchases in advance without worrying about market volatility, while ensuring they benefit from the most favourable pricing.”

Akshaya Tritiya remains a key purchase occasion for jewellery, with consumer sentiment closely linked to gold price movements. As buyers become more value-conscious and shift towards lightweight and studded jewellery, the Gold Rate Protection Plan positions KISNA to drive stronger consideration and conversions during the festive period.

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National News

Shringar House of Mangalsutra Signs MoU With IAGES To Enhance Trust In Gold Jewellery Trade

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Mumbai, April 4, 2026: Shringar House of Mangalsutra Limited, one of India’s leading manufacturers of mangalsutra, has signed a Memorandum of Understanding (MoU) with the Indian Association for Gold Excellence and Standards (IAGES), reinforcing its commitment to advancing transparency, ethical practices, and standardisation across India’s gold jewellery industry.

India’s gold jewellery market is the cornerstone of the country’s culture and economy and continues to evolve with increasing focus on quality, trust, and standardisation. Frameworks such as IAGES, in alignment with the Bureau of Indian Standards (BIS) hallmarking system, are playing a pivotal role in strengthening consumer confidence and enabling the industry’s next phase of growth. With a large base of family-run businesses across the country, such initiatives will help in expanding access to certification and best practices across tier-2 and tier-3 markets.

Under this partnership, Shringar will actively promote the IAGES accreditation framework and Code of Conduct across its nationwide network of 2,000+ retailers and wholesalers. This will drive the adoption of responsible and standardised practices at the grassroots level. The collaboration will also roll out joint initiatives, including online webinars on compliance and industry best practices, accreditation drives across Shringar’s partner network, and awareness campaigns, both online and offline, to encourage broader adoption of the IAGES Code of Conduct.

Commenting on the collaboration, Mr. Chetan Thadeshwar, Chairman & Managing Director, Shringar House of Mangalsutra Limited, said:

“We have always believed that trust and transparency are essential in building a resilient jewellery industry. Our partnership with IAGES is a significant step in that direction, as we work towards strengthening ethical practices and standardisation across the ecosystem. By supporting IAGES’s accreditation mission, we look forward to driving meaningful change and setting higher benchmarks for the industry.”

Mr. Kaushlendra Sinha, CEO, IAGES, added:

“Shringar House of Mangalsutra’s is a respectable name in the Gold Industry, and their extensive reach across India’s jewellery retail landscape makes them a strong partner in advancing IAGES’s mission of driving transparency and ethical practices in the gold industry. This MoU will help accelerate accreditation awareness and adoption across their vast network, enabling us to collectively raise industry benchmarks and strengthen consumer confidence. We are thankful to Shringar leadership for proactively coming forward to promote the cause of transparency and good practices in the Indian Gold Industry.”

Shringar’s extensive reach across India’s jewellery retail landscape positions it as a key enabler in amplifying IAGES’s accreditation mission. The company will work with IAGES to support accreditation outreach, while IAGES solely handles accreditation.

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