Uday Jewellery Industries Ltd

Uday Jewellery Industries Limited was incorporated on May 13, 1999 under the name of Net Trade Innovations Private Limited. The Company converted into a Public Limited Company on February 16, 2000. The name of the Company was further changed to Hifunda.Com Limited on February 18, 2000. On June 04, 2004, to Hifunda Limited and to Uday Jewellery Industries Limited on 17th October, 2011 post the takeover of the Company by its present management. The journey began in 1905, when Sanghi's exquisite creations first adorned the courts of the Nizams of Hyderabad, establishing a reputation for unrivalled finesse and timeless design. This legacy was nurtured by Shri. Laltapershad Sanghi, the visionary founder of Laltapershad Shyam Sundarlal Jewellers, who laid the foundation for a dynasty and elegance. By 1921, the Company opened its first retail jewellery store in Hyderabad. The Company is engaged in the business of manufacturing, sale and trading of stone studded gold jewellery, diamond studded jewellery and silver items and Cubic Zerconia (CZ) with natural and color stones in different geographical areas i.e. domestic sales and export sales. The Company is in constant drive for growth and development. The Company established two manufacturing facilities in Hyderabad in 2015 and commenced jewellery exports to UAE in 2018. The Sanghi House was established as an integrated manufacturing unit during FY 2020-21. The group company, Narbada Gems & Jewellery Limited has merged with the Company by acquiring the business of Sanghi Jewellers Pvt Ltd in FY 2026. The Scheme is made effective on February 19, 2026. Pursuant to the Scheme, the Company allotted 97,81,025 Equity shares to the erstwhile shareholders of Narbada Gems and Jewellery Limited on 5th March 2026, in the share exchange ratio approved under the Scheme. With this amalgamation, the Company is strengthening its operational scale and market presence in the gems and jewellery segment by addition of a new business line of high value diamond jewellery manufacturing. After the merger, the Company has increased the available capacity from 35 kg per month in FY2023.to 125 kg per month in FY 2026.