| 1980 |
Launching of Vaibhav
Enterprises. |
| 1989 |
Incorporation of Vaibhav Gems
Limited. |
| 1994 |
VGL takes over Vaibhav Enterprises. |
| 1996-97 |
Public offer of Rs. 709.50 lacs at
a premium of Rs. 20/- per share. |
| 1999-00
|
Set up 100% EOU at EPIP, Sitapura. |
| 2002-03 |
Issued Bonus shares in 1:1 ratio. |
| 2003-04 |
- Major capacity enhancement through setting up of new
state of art jewellery manufacturing unit
- Commissioned micro weight gold chain plant
– Probably the only manufacturing setup out of United
States of America.
|
| 2004-05 |
- Setting up of Retail Chain stores at major international
tourist destinations
- Diamond Processing Unit in Adarsh Nagar
|
| 2005-06 |
- International presence through Acquisition of STS Group
of Companies & Setting up of more Retail Chain stores
at Alaska, Caribbean Islands, Mexico, St. Kits, St. Thomas,
St. Maartin
- Completion of US$ 70 Million GDR issue successfully
- Warburg, one the leading private Equity Investor of
the world has acquired more than 27% Equity Stake in the
company
- Started 24 hours online Jewelry TV Channel marketing
under the brand name 'ILIANA'
|
| 2006-07 |
- Received highest Export Award (Coloured Gemstone Category)
for the 15th time, 13th time in succession.
- Started a 24-hour jewellery TV channel in Germany.
- Shortlisted for the 3rd time in Succession for adopting
good corporate governance practices, for the ICSI National
Corporate Governance Award.
|
| 2007-08 |
- Received highest Export Award (Coloured Gemstone Category) for the 16th time, 13th time in succession.
- Nalanda India Fund limited, one of the very reputed private equity fund, has invested USD 25 million in the Company.
|
