India's gem and jewellery industry could face substantial export losses of $2 billion if the ongoing war continues for three months, according to a warning issued by the Gem & Jewellery Export Promotion Council. This projection highlights the significant impact that global conflicts can have on India's key export sectors.

Export Impact Assessment

The Gem & Jewellery Export Promotion Council has raised concerns about the potential disruption to India's gem and jewellery trade. The council's assessment indicates that prolonged conflict could severely affect the industry's export performance.

Industry Implications

The gem and jewellery sector represents one of India's important export industries. The council's warning reflects concerns about how international conflicts can disrupt established trade relationships and supply chains. The projected $2 billion impact demonstrates the scale of potential economic consequences for the sector.

Trade Disruption Concerns

The assessment by the Gem & Jewellery Export Promotion Council underscores the interconnected nature of global trade and the vulnerability of export-dependent industries to geopolitical developments. The three-month timeframe suggests that even relatively short-term conflicts can have substantial economic implications for India's export performance.

Bhakti gems & jewellery Limited has received final approval from BSE Limited to change its company name to Guru Krupa Gems and Jewellery Limited. The company announced this development through a regulatory filing dated March 10, 2026, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Approval Details and Timeline

The final approval was granted by BSE through a letter dated March 09, 2026. The implementation of the name change will be effective from March 13, 2026, when the updated scrip ID and abbreviated name will be reflected in the BOLT Plus trading system.

Company Information

The company, incorporated under CIN L36910GJ2010PLC060064, operates from its registered office located at FF/02, 413/1 Kalp Bhakti House, Nr Narayan Society, B/h Axis Bank, C G Road, Ashram Road P.O, Ahmedabad-380009, Gujarat. The regulatory filing was signed by Akshay S Mehta, Managing Director with DIN 02986761.

Trading System Updates

BSE has informed all trading members about the name change through Notice No. 20260309-16 dated March 09, 2026. The notice categorizes this as a company-related development in the equity segment. While the scrip code 540545 will remain unchanged, traders will need to note the new scrip ID and abbreviated name "GKL" for the BOLT Plus system operations from March 13, 2026.

The company's website continues to operate at www.bhaktijewellery.com , and official communications can be directed to compliancebhakti@gmail.com or through contact number 079-26421701.