Malabar Gold and Diamonds customer wins exceptional prize of one kilo of gold at Bangalore Gold Shopping Festival

Press release

Bangalore, November 23: Malabar Gold and Diamonds, one of the largest gold and diamond retail chains in the country, held a grand reception at its MG Road showroom on Wednesday November 23 to hand over 1kg of gold to Santra Ijnatius , a client of Malabar Gold & Diamonds and the grand prize winner of the 2022 Bengaluru Gold Shopping Festival raffle organized by the Jewelers Association Bengaluru (JAB).

Prashanth Mehta, President (JAB) and Filsor Babu, Regional Chief of Karnataka, presented the prize to Santra Ijnatius, a customer of the Kammanahalli showroom who issued the raffle coupon.

Malabar Gold and Diamonds is one of the leading jewelry retailers participating in the 36-day Bengaluru Gold Shopping Festival 2022 organized by JAB. More than 127 jewelers from Bengaluru participated in the festival. During the days of the festival held from September 26 to November 1, customers received a raffle coupon on every purchase of Rs.5,000. These coupons were eligible for the weekly raffles and the exceptional raffle. Each weekly raffle gave away 800g gold and 30,800g silver to 450 winners. The exceptional raffle offered 1 kg of gold to the winner of the first prize and 250 g of gold to the winner of the second prize as well as 45 prizes to the other winners.

The total prize offered to festival patrons is 2.5 kg of gold and 40 kg of silver worth Rs 1.50 crore.

Sarah C. Figueiredo