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Thangamayil Jewellery Ltd. Company History and Annual Growth Details

In the year 1947, Mr. N. Balusamy Chettiar, father of Mr. Balarama Govinda Das, Mr. Ba Ramesh
and Mr. N.B. Kumar started a proprietorship concern as "Balu Jewellery" having its office at 14
Swami Sandhi Street, Madurai. In the year 1979-80, Mr. N. Balusamy Chettiar handed over all the
business of proprietary concern to his sons namely, Mr. Balarama Govinda Das, Mr. Ba. Ramesh
and Mr. N.B. Kumar. The business was carried out in the area of 100 sq. ft. at 121, South Avani
Moola Street, Madurai.

The Company was originally incorporated on March 24, 2000 as a private limited company. The
name of the Company was changed to Thangamayil Jewellery Limited upon conversion into
public limited company with effect from November 20, 2007 and a fresh certificate of
incorporation was obtained from Registrar of Companies, Chennai.

Key Events and Milestones

Year Month Key Events and Milestones

2000 March Incorporated as Thangamayil Jewellery Private Limited

2001 May Purchase of Gold Assaying Machine to ensure quality of gold
ornament through laser technology

2001 June Opening of exclusive Showroom for Diamond and other
precious stones at Madurai

2001 August Obtained BIS hallmarking license - pioneers in the field

2003 May With the help of World gold council, initiated the concept of
"Akshya Thritiyai" and helped in a breakthrough in gold jewellery market.

2006 January Registration of "Thangamayil" as a trademark

2008 April Opened showroom at Rajapalayam,

2008 September Opened showroom at Karaikudi

2009 March Opened showroom at Ramanathpuram

2009 November Opened showroom at Dindigul

2010

- The Board has declared Final Dividend of Rs. 1/- per share.

2011

- Thanga.Jewel - Open of new branch at Madurai, Annanagar.

- Board has declared a Final Dividend of Rs. 1/- per share.

- Thanga.Jewel - Opening of New Branch at Salem.

- Thanga.Jewel - Opening of new branch at Tenkasi.

- Thanga.Jewel - Opening of new branch at Palani.

2012

- Board has recommended a dividend of 70% i.e. Rs. 7/- per Equity Share of Rs. 10/- each .

- Thanga.Jewel - Opening of new branch at Vellakovil - Tirupur.

- Thanga.Jewel - Opening of new branch at Tharapuram - Erode District.

- Thanga.Jewel - Opening of new branch at Valliyur - Thirunelveli District.

- Thanga.Jewel - Opening of Two new branches at Kovilpatti & Udumalpet.

2013

-Thanga.Jewel -Opening of new branch at Gobichettipalayam - Thiruppur District.
-Thangamayil Jeweller - Opening of New Branch at Sankarankovil - Thirunelveli District.
-Thangamayil Jeweller - Opening of 30th New Branch at Eral - Tuticorin District.
-Thangamayil Jeweller - Opening of New Branch at Thirupur.
-Thangamayil Jeweller - Opening of 31st New Branch at Villupuram - Tamilnadu.

2014

-Board has recommended a dividend of 10% i.e. Rs. 1/- per Equity Share of Rs. 10/- each.

2016

- The Company is opening its 31st branch at Virudhanagar on February 17, 2016 between 09.00am and 10.00 am Admeasuring 1100 sqft..

2018
-Thangamayil Jewellery Corporate Team emerged as the runner up in the fourth edition of Madurai Round Table 14's Corporate Cricket League.

2019
-Thangamayil Jewellery Ltd has announced the opening of new branches at Thisaiyanvilai - Tirunelveli District - 34th branch, Pollachi - Coimbatore District.

2023
-The Company has issued Bonus Shares in the Ratio of 1:1.

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