National News
Shringar House of Mangalsutra Secures IAGES Accreditation, reinforcing its leadership in ethical gold standards
Shringar House of Mangalsutra Limited (SHOML), one of India’s most trusted names in mangalsutra craftsmanship, has received the IAGES accreditation from the Indian Association for Gold Excellence and Standards on November 27, 2025. The brand has spent decades to bring quality and heritage together through a modern approach that focuses on process. Building on its strong foundation, the company has emerged as a leader in ethically responsible jewellery production and ethical sourcing. By consistently upholding these principles, Shringar strengthens its strategic market position, reinforces its leadership in responsible jewellery manufacturing and contributes to shaping higher industry-wide standards.
As part of the certification process, they underwent a comprehensive third-party evaluation encompassing all key areas of operations, including sourcing practices, manufacturing processes, purity checks, documentation systems, and traceability protocols. Shringar’s strong focus on ethical sourcing, quality-control practices, and technology-backed process discipline played a major role in securing this recognition.
This recognition further strengthens the company’s reputation among its B2B partners, including retailers, wholesalers, and distributors, because it provides assurance of transparency, accountability, and consistency in product quality. It also creates opportunities for new markets and future collaborations to help support their ongoing expansion plans and its focus on growth through value.
Beyond operational validation, the recognition also highlights the company’s continued commitment to the industry’s growing focus on structured standards and ethical frameworks and is proud to be a leader in this initiative.

On receiving the recognition, Chetan Thadeshwar, Chairman & Managing Director, Shringar House of Mangalsutra, said: “This recognition marks a meaningful step forward for all of us. It reflects our commitment to preserving traditional values while delivering exceptional quality worldwide. From concept to completion, we uphold precision and consistency in every process. This honour inspires us to push boundaries further and continue offering jewellery that symbolizes purity, trust and timeless craftsmanship.”
Additionally, he also added, “Guided by our vision to lead the market through integrity, transparency, and continuous innovation we see this achievement as a shared triumph, and we extend our deepest gratitude to our partners, stakeholders and employees whose trust empowers us to keep raising the bar.”
Welcoming Shringar into the accredited community, the Indian Association for Gold Excellence and Standards noted its contributions toward advancing industry standards. Kaushlendra Sinha, CEO, IAGES said,“We are happy to see Shringar House of Mangalsutra joining the IAGES family as an accredited manufacturer. The high level of quality craftsmanship, ethical business practices, and dedication towards the betterment of the industry that Shringar has shown meets the same requirements that we demand at IAGES.

The accreditation does not represent just compliance but represents the desire for all parties involved in the gold sector across India to work together towards increasing trust and transparency in the sector. We are excited to have Shringar continuing to lead the way in increasing standards within the industry.”
India’s gold industry is evolving rapidly, with today’s informed consumers expecting greater transparency from jewellery brands. They want assurance of responsible sourcing, ethical manufacturing, and verified quality standards. In this context, IAGES has accredited Shringar House of Mangalsutras as a certified manufacturer, reaffirming the brand’s commitment to trust, integrity, and accountable practices across the jewellery value chain.
National News
Belgian Consul General H. E. Mr. Pierre Stverlynck Graces BDB Annual Day
- Event marks 42 years of Incorporation and 16 years of Operations
- Recently-appointed Consul-General’s first visit to the Bourse helps strengthen a century-old bond
- Long service awards presented to outstanding employees
Bharat Diamond Bourse today marked 42 years of incorporation and 16 years since the commencement of operations at the BDB Complex in BKC with a special programme graced by H. E. Pierre Stverlynck – Consul General of Belgium in Mumbai as Chief Guest and a number of leading diamantaires.




The function was organised to celebrate the crucial roles played both by the visionaries who conceptualised the need for a centralised infrastructure to boost the diamond trade over four decades ago, and the employees who have run the daily operations in a highly efficient and professional manner.
In his Welcome Address, BDB Vice President, Mehul Shah explained the significance of celebrating twin milestones – 42 years of incorporation and 16 years of operations. He said:

“BDB began with a vision and is now the world’s largest operational bourse, and a symbol of India’s leadership in the diamond world and excellence in every aspect of operations.”
He added, “It is significant that the Consul General of Belgium is with us on this special occasion. Antwerp and Mumbai have a very close relationship, going back more than 100 years. Today the two cities have bonds based on trust, trade and friendship. We are committed to strengthening this bond over the next century as well.”
Congratulating the awardees he said that members may be the owners, but it is the staff who run the complex and have helped build it as the “best of the best” centres for diamonds. “Personal integrity combined with hi-tech surveillance have made BDB one of the safest places in the world,” he explained, and urged all present never to forget that “it is the soldiers who fight and win the wars.” Mr Shah offered compliments to all the awardees and congratulated Team BDB.
Speaking on the occasion, Anoop Mehta, President BDB, welcomed Mr Stverlynck who has recently assumed charge as Consul General of Belgium in Mumbai.

“We are sure that this will be the first of many visits to our Bourse,” he said, noting that the Consulate is the nearest neighbour of the complex.
“The BDB leadership has always enjoyed a very special relationship with the Belgian consulate,” he added, “built on the longstanding bonds between the diamond industry in our two countries.”
Mr Mehta said it was heartening that so many employees had remained loyal to the BDB for multiple years, and urged all gathered to reach out through their department heads to put forward suggestions for further changes and improvements
Mr Stverlynck, who was on his first visit to the Bourse after assuming charge as Consul General, said he was extremely impressed with the facilities available for exporters within the complex. Assuring the trade of cooperation and support, he said he was happy to be personally present to celebrate such a remarkable institution as BDB that has become a key pillar of the India diamond industry.
Congratulating the leadership for its role in steering the bourse, as well as those employees who had received long service awards, Mr. Stverlynck said:

“The consolidated knowledge and experience of so many from those at the top to a number of others who contributed in various ways, is an asset to the industry.”
Special long service awards were presented to employees who completed special milestones during the year. These included 30-year, 25-, 15-, 10- and 5-year service awards to a few employees.
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