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Goenka Diamond & Jewels Ltd. Company History and Annual Growth Details

Our Company was incorporated on November 5, 1990 as 'Goenka Exports Private Limited', a private limited
company under the Companies Act. With effect from July 1, 1997, our Company became a 'deemed public
company' by virtue of section 43(A) of the Companies Act and ceased to be a private company.
Subsequently by a shareholders resolution dated January 29, 2002, our Company became a public company
and a fresh certificate of incorporation, in the name of 'Goenka Exports Limited' was issued by the Registrar
of Companies, Rajasthan, situated at Jaipur (the 'RoC') on January 30, 2002. The name of our Company was
changed to 'Goenka Exports Private Limited' following a special resolution in the extraordinary general
meeting held on November 29, 2004 and a fresh certificate of incorporation was issued by the RoC on
December 10, 2004. Our Company changed its name to 'Goenka Diamond and Jewels Private Limited'
pursuant to a special resolution at the extraordinary general meeting held on March 21, 2008. A fresh
certificate of incorporation was issued by the RoC on March 27, 2008. By a resolution dated April 15, 2008,
our Company was converted into a public limited company and its name was changed to its present name
'Goenka Diamond and Jewels Limited'. A fresh certificate of incorporation was issued by RoC on May 15,
2008 consequent to change of name on conversion to public limited company.

Our Company is promoted by Mr. Nand Lal Goenka who has over 40 years of experience in the gems and
jewellery business and his sons, Mr. Navneet Goenka and Mr. Nitin Goenka.

Our Company is in the business of cutting and polishing of diamonds and manufacturing and retailing of
diamond jewellery. We were initially in the business of export of coloured stones and have since then
expanded into diamond trade in 1994 and manufacturing of diamond studded jewellery in 2003. Our
manufacturing activity was boosted in 2006 after we established our own diamond processing unit at SEZ in
Surat for processing of rough diamonds. In 2007, we also set up a facility for processing of rough diamonds
in Mumbai to cater to the local market and for manufacturing diamond jewellery. We scaled up our diamond
jewellery operations by establishing a dedicated manufacturing facility in Mumbai and launched our first
jewellery retail store in July 2008.

For details with respect to description of activities, services, products, market of each segment, the growth of
the Company, exports and profits due to foreign operations together with the country wise analysis, the
standing of the Company with reference to prominent competitors with reference to its products,
management, major suppliers and customers, segment refer section titled 'Our Business' on page 66.

Changes in the Registered Office

Since incorporation, our registered office has been situated at 401, Panchratana, Moti Singhbhomiyon Ka
Rasta, Johari Bazar, Jaipur- 302003, Rajasthan, India.

Major Events and Milestones

Calendar Year Events

1994 Corporate office established in Mumbai

2002 Entered into diamond cutting and polishing business

2003 Commenced manufacturing of diamond studded jewellery

2006 A state of art factory for cutting and processing diamonds was started in a Special Economic
Zone unit at Sachin, Surat

2007 Commenced jewellery manufacturing and diamond cutting and production unit at
Goregaon, Mumbai

'Two Star Export House' accreditation awarded by the Ministry of Commerce

2008 Acquired M. B. Diamonds LLC

ISO 9001:2000 certification

Launched 'G WILD' and 'CERES' jewellery brands

Set up exclusive G WILD retail stores

2009 Set up exclusive CERES retail store