National News
VAJRA INDUSTRY RESEARCH AND ACADEMIC MEET (VAIRAM) 2025 organised by GJEPC, IIT Madras inaugurated in Chennai
The Vajra Industry Research and Academic Meet (Vairam) 2025, a joint effort by GJEPC and InCent LGD IIT Madras, was officially introduced at the IITM Research Park in Chennai.
Madras at IITM Research Park, Chennai, was unveiled by Prof. V Kamakoti, Director, IIT Madras, Prof M S Ramachandra Rao, InCent-LGD, IIT Madras, Mr. Manish Jiwani, Co-Convener, LGD Committee, GJEPC and Mr. Sabyasachi Ray, Executive Director, GJEPC among other dignitaries and industry experts.
The workshop features several panel discussions. “Beyond Gems: Next-Generation Applications of OLab-Grown Diamonds” explores LGDs’ potential in various industries beyond jewellery. “Lab-Grown Diamond Growth and Treatment Recipes and Challenges” delves into the intricacies of CVD and HPHT methods. “Diamond Quality Checks and Certification” addresses the crucial need for standardised quality control for gems, jewellery, and seeds. “Lab Grown Diamond Machines and Processing Equipment” will highlight the importance of indigenous equipment manufacturing to bolster India’s self-reliance. The workshop has drawn 150 + participants from the industry.
Key Takeaways
Diamond Quality Checks & Certification:
- Advanced treatments challenge LGD grading and certification accuracy.
- Key challenges: ensuring grading accuracy, standardization, and detecting undisclosed synthetics.
- Emphasis on advanced testing methods, tech-driven grading, and industry consistency.
- Traceability of tested items is a major issue.
- LGDs are both supplementary and complementary to the diamond industry.
- Mimicking natural diamond growth patterns in LGDs remains a challenge.
LGD Growth & Treatment Recipes: Key Takeaways
- Increasing nitrogen in HPHT accelerates growth, benefiting gem-quality diamonds but not other industrial uses.
- Focus on optimizing growth parameters, impurity control, and enhancement for superior diamonds.
- Challenges include consistency, reducing defects, scalability, and reliance on high-purity raw materials.
- Future focus on refining processes, improving sustainability, and enhancing research-industry collaboration.
Diamond Quality Checks & Certification (Continued): Key Takeaways
Strengthening quality assurance frameworks is essential to ensure consumer trust globally.
Grading LGDs differs from natural diamonds, especially in color; secondary reference masters needed.
Labs must assess hue saturation and intensity, not just color for LGDs.
Clarity characteristics differ due to metallic inclusions in LGDs.
Color grading challenges arise in borderline clusters where AI struggles.
LGDs are cut for perfection, unlike natural diamonds, which are cut for weight retention.
National News
Shankesh Jewellers Ltd Listed On The BSE At Rs 102.30 At A Premium Of Rs 9.30
The Positive BSE Debut Comes Against The Backdrop Of Continued Investor Interest In Jewellery and Consumer-Focused Businesses.
Shankesh Jewellers Ltd made a strong debut on the Bombay Stock Exchange (BSE), with its shares opening at Rs 102.20, registering a gain of Rs 9.20, or 9.89%, over its issue price of Rs 93 per share.

Following the positive opening, the stock continued to attract buying interest and was trading at Rs 107.04, up Rs 14.04, or 15.10%, from the issue price. During the trading session, the scrip touched an intraday high of Rs 110.99 and a low of Rs 98.30. Around 30.10 lakh shares had been traded on the counter, indicating active investor participation following the listing.
The company’s public offering had received a positive response from investors. The issue was open for subscription from August 18 to August 20, 2026, and was subscribed 2.80 times. The company had fixed the issue price at Rs 93 per share, at the upper end of its price band of Rs 88–93 per share
The strong listing performance reflects the market’s positive response to Shankesh Jewellers and its business positioning in the organised jewellery segment. The company is engaged in the business of handcrafted gold jewellery, with a focus on creating customised jewellery solutions for its clients.
Shankesh Jewellers caters to customers seeking jewellery that combines traditional craftsmanship with personalised design. Its customisation services allow customers to participate in the design process and obtain jewellery tailored to their individual preferences, occasions and requirements.
The company’s focus on handcrafted gold jewellery places it within a segment where design, craftsmanship and customer relationships remain important differentiators. With consumers increasingly seeking personalised and distinctive jewellery, customisation has emerged as an important part of the jewellery-buying experience.
The positive BSE debut comes against the backdrop of continued investor interest in jewellery and consumer-focused businesses. The 15.10% gain over the issue price on the first trading day marks a strong beginning for Shankesh Jewellers as a listed company and puts the spotlight on its future growth prospects, business expansion and ability to build on its established jewellery operations.
The listing also provides the company with greater visibility in the capital markets while giving investors an opportunity to participate in its growth journey. Market participants will now track the company’s financial performance, expansion plans, operating margins and demand for handcrafted and customised gold jewellery as key indicators of its post-listing performance.
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