Vinod Rai has been appointed as Chairman and Independent Non-Executive Director on the Board of Kalyan Jewellers India Limited, the company stated today. The appointment is conditional on receiving regulatory and shareholder approvals.

“It is an honour for me to be affiliated with Kalyan Jewellers, a company that has earned the highest levels of confidence from its stakeholders, does business ethically and transparently, and adheres to the best standards of corporate governance.” Kalyan Jewellers is a well-known company with a pan-India presence and a competent management team at the head. With a strong dedication to consumer transparency and education, the Kalyanaraman family has been in the forefront of India’s jewellery retailing sector transformation. “I’m looking forward to working with Kalyan,” Vinod Rai remarked.

“We are thrilled to welcome Mr. Vinod Rai to Kalyan Jewellers as our board’s Independent Chairman. Kalyan Jewellers has always valued trust, openness, and keeping the greatest standards of corporate governance, and this event is a natural next step in our company’s development. Mr. Rai offers a remarkable breadth and depth of experience to our board, and we look forward to him adding to the diversified experience we already have,” TS Kalyanaraman said.

“Mr. Vinod Rai has joined Kalyan Jewellers as the Independent Chairman of the Board. Trust, openness, and maintaining the highest standards of corporate governance have always been important to Kalyan Jewellers, and this event is a natural next step in our company’s growth. Mr. Rai brings to our board a great range and depth of knowledge, and we look forward to him contributing to the already diverse experience we have “TS Kalyanaraman” expressed his thoughts.