Impact Feature: Malabar Gold & Diamonds strengthens commitment to trust, transparency and ethical jewelery retailing with relaunch of Chandigarh showroom

Malabar Gold & Diamonds, one of the world’s largest jewelery retailers, will re-launch its showroom located at Old Mehfil Building, Sector 17C, Chandigarh on June 28. Following the relocation and extensive renovation, the long-established showroom will offer customers a more modern shopping experience and a wider range of gold, diamond, platinum, precious stones and silver jewellery. The showroom will showcase the entire jewelery portfolio of Malabar Gold & Diamonds under one roof, including bridal, festive, traditional, contemporary and everyday jewellery. It is designed with the aim of providing customers a more comfortable, convenient and seamless shopping experience. Chandigarh remains an important market for Malabar Gold & Diamonds with customers valuing excellent workmanship, certified quality and ethical business values. Ahead of the relaunch, M.P. Ahmed, Chairman, Malabar Group, said, “At Malabar Gold & Diamonds, our aim has always been to build long-term relationships with our customers through trust, transparency, quality and responsible business values. The re-launch of the Chandigarh showroom reflects our commitment to continuously enhance the customer experience and provide them with a wider range of designs, collections and services. Chandigarh is an important market for us and we are confident that this new showroom will prove to be an excellent retail destination reflecting our values. 100% HUID Hallmarked Gold Jewelery The showroom will continue to serve its customers based on transparency, quality assurance and responsible retailing as part of the Malabar Promise. These include transparent pricing, detailed product information, lifetime maintenance service, assured buyback policy, 100% HUID hallmarked gold jewellery, certified diamonds, one year free insurance, fair exchange and adherence to responsible sourcing standards. As a responsible jeweler, Malabar Gold & Diamonds gives equal importance to sustainability and social responsibility in its business philosophy. Guided by ESG (Environment, Social and Good Governance) principles, the Group spends 5 per cent of its net business profit, which is more than the statutory requirement, on social responsibility programs related to education, health, hunger alleviation, women empowerment, housing and environmental protection through the Malabar Charitable Trust. Through these initiatives the Group has so far positively impacted the lives of over 18 lakh people. With the re-launch of the Sector 17C showroom, Malabar Gold & Diamonds will further strengthen its strong presence in Chandigarh and continue to build on its rich heritage of exquisite craftsmanship, innovative designs, transparency and customer-centric jewelery retailing. About Malabar Gold & Diamonds Malabar Gold & Diamonds was established in 1993 and is the parent company of the Malabar Group, India’s leading multi-sector business group. With an annual turnover of $9.41 billion, the company is one of the world’s largest jewelery retailers and operates more than 445 showrooms in 14 countries. It has a presence in India, Middle East, Far East, USA, UK, Canada, Australia and New Zealand, supported by a strong network of offices, design centres, wholesale units and manufacturing facilities. The group is committed to ESG-based growth with a focus on education, healthcare, housing, hunger eradication, women’s empowerment and environmental responsibility, while also devoting five percent of its profits to social causes. www.malabargoldanddiamonds.com



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