• HOME
  • ABOUT US
  • NEWS
    • NEWS
    • GUEST ARTICLES
  • PUBLICATIONS
    • ENGLISH
      • LATEST ISSUE
      • ADVERTISE WITH US
      • SUBSCRIBE NOW
    • BOOKS
      • DEMYSTIFYING RETAIL
  • BUSINESS DELEGATIONS
  • DESIGN GALLERY
  • UPCOMING EXHIBITIONS
    • DOMESTIC
    • OVERSEAS
  • DIRECTORY
    • MANUFACTURER LIST
    • RETAILERS LIST
  • CONTACT US
 

IFSCA appoints Sequel Logistics as its first vault manager for IIBX at GIFT City

17-11-2021   12:15 PM

Sequel will play a crucial and pivotal role in the much-awaited, SEBI regulated Bullion Exchange, which shall be the “Gateway for Bullion Imports into India”, wherein all the bullion imports for domestic consumption shall be channelized through the exchange. The vault manager shall be registered and regulated as SEBI intermediary, for providing vaulting services meant for bullion deposited to create EGRs.

The obligations of vault manager shall include accepting deposits, storage and safekeeping of bullion, creation of EGR, withdrawal of bullion, grievance redressal and periodic reconciliation of physical bullion with the records of depository.

Speaking on the appointment, Sharad Jobanputra, Chairman and Managing Director, Sequel Logistics said, “We are delighted to be appointed as the first vault manager for IIBX - GIFT City. This is a testimony to our focus and obsession with providing top-notch vaulting and solutions, with the highest standards of security, integrity, and compliance. We are excited to be a part of this exchange ecosystem, that is poised to be a game changer for our Indian Bullion and Jewellery industry."

Courtesy: AOJ Desk News

Share : 

GJEPC Seminar With Microsoft, Tech Data, and PH Teknow to Drive Digital Excellence in Gems & Jewellery Industry

05-06-2023   15:30 PM

GJEPC partnered with Tech Data, Microsoft, and PH Teknow to organise an exclusive seminar titled “Accelerate Digital Excellence with Microsoft’s Solutions” at the Bharat Diamond Bourse in Mumbai on 30th May. T...

Read More

Tanishq re-Launches its Malleshwaram & Yelahanka Store

05-06-2023   15:25 PM

Tanishq, India’s largest jewellery retail brand from the house of Tata re-launched its two stores in Bangalore at Malleshwaram and Yelahanka. Both the stores were inaugurated by Ashok Sonthalia, CFO, Titan Com...

Read More

Gold is just taking a break as interest rate expectations continue to shift

05-06-2023   15:20 PM

With the weekend upon us, investors can close the book on a challenging and volatile month for the gold market. May started with a lot of excitement as gold pushed to near record highs above $2,080 an ounce...

Read More

Central banks' gold holdings drop for the first time in over a year in April, says World Gold Council

05-06-2023   15:15 PM

Global central bank gold holdings fell for the first time in more than a year in April, as Turkey sold over 80 tonnes of gold, the World Gold Council (WGC) said in a report. Total central bank gold reserves...

Read More

Duplicate Malabar Gold & Diamonds Showroom In Pakistan Shut After Legal Battle

05-06-2023   15:10 PM

Jewellery retailer Malabar Gold & Diamonds on Friday said a duplicate showroom in its name in Islamabad has been shut down following a legal battle. Malabar Gold & Diamonds also clarified that it does not oper...

Read More

IGI Grades Bicolor Lab-Grown Diamonds

05-06-2023   15:5 PM

The International Gemological Institute (IGI) has analyzed two lab-grown diamonds containing separate sections of blue and yellow coloring. The bicolor stones were grown by Meylor Global, a Kyiv-based compa...

Read More

Live Spot Gold

GOLD PRICE

Design Gallery

Videos

View More Videos
GJS - Virtual T. .
AOJ Exclusive I. .
Auspicious Aksh. .
Video Snippets. .

UPCOMING EXHIBITIONS - DOMESTIC

Jaipur Jewellery Show

December 19-22-2020 | Jaipur

View More Domestic Events

UPCOMING EXHIBITIONS - OVERSEAS

Baselworld

January 28-2-2021 | Basel, Switzerland

View More Overseas Events

FOLLOW US ON
May 2023  English Edition
Subscribe Now Print Edition
Subscribe Now Digital Edition

© 2016 AOJ Media Pvt Ltd - All Rights Reserved. | Developed by Creed Global Tech.    T & C   Privacy Policy 

Top
Close