BrandBuzz
PNG Jewellers redefines elegance with new diamond necklace: Affordable luxury, timeless craftsmanship at a great price
PNG Jewellers, one of India’s most trusted names in fine jewellery and a dominant player in Maharashtra’s jewellery market, proudly announces the launch of its latest diamond jewellery campaign, featuring a meticulously crafted natural diamond necklace at an affordable price of INR 2,25,000*, bringing together modern elegance and exceptional value.
Crafted by some of the finest artisans in the industry, this exquisite diamond necklace is a celebration of delicate craftsmanship and timeless design. Available in both yellow and rose gold, the necklace features a flowery yet contemporary motif—making it a versatile adornment suitable for every occasion. The jewellery piece balances aesthetic brilliance with affordability, thanks to its minimalist use of gold, which enhances the beauty of the diamonds while keeping the design light, wearable, and remarkably accessible.
Designed to complement the unique sparkle of natural diamonds, this new offering makes it the perfect gift for loved ones or a statement addition to one’s personal collection. Bringing back the charm of the brand’s affordable, price point based diamond jewellery ranges on popular demand, PNG Jewellers’ latest offering exudes instant gratification, when it comes to styling oneself with dainty diamonds suited for events and office wear alike.
The campaign will run across all PNG Jewellers branches from 2nd June to 30th June 2025, bringing this elegant necklace to jewellery lovers across the country.
BrandBuzz
MCA raises “small company” thresholds – up to ₹10 cr capital & ₹100 cr turnover from 1st December 2025, major relief for jewellery trade
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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