| The business of the Company was carried on as a partnership between Tribhovandas Bhimji Zaveri and others and the first partnership deed was entered into on January 3, 1949. The business of the partnership was predominantly of goldsmiths and jewellers under the name of M/s Tribhovandas Bhimji Zaveri. The partnership was reconstituted at several points of time owing to the induction of new partners and retirement of existing partners.
The partners retired through deeds of retirement which detail the division of the assets and liabilities between the retiring partners and the continuing partners. By the deeds of retirement, certain of these retiring partners have the right to use the brand name "Tribhovandas Bhimji Zaveri" with the modifications through prefixes and suffixes specified in the respective deeds. Two of the retiring partners have the right to use the brand name "Tribhovandas Bhimji Zaveri" with or without such modifications. In addition, one retiring partner has such right only outside
India. Consequently, these retiring partners and their heirs use the name "Tribhovandas Bhimji Zaveri" with prefix or suffix as a part of their trade name or corporate name.
Pursuant to the deeds of retirement, the continuing partners entered into deeds of reconstitution in which they restated the existing assets and liabilities of the business. The rights and liabilities of the partners as under the new partnership deed are mentioned including the division of profits and the management of the partnership. Consequent to the retirement of several partners and family settlement arrangements, from the year 1991, the partnership consisted of Gopaldas Tribhovandas Zaveri, Nirmal Gopaldas Zaveri and Shrikant Gopaldas Zaveri. Gopaldas HUF and Nirmal Zaveri HUF were inducted as partners by the deed of partnership dated March 3, 1998.By the deed of retirement dated December 11, 2000, Nirmal Gopaldas Zaveri, Samrat Nirmal Zaveri, NirmalGopaldas Zaveri HUF and Gopaldas Tribhovandas Zaveri HUF retired from the partnership.
From 2000 until 2007, the partnership consisted of Kamlaben Gopaldas Zaveri, Shrikant Gopaldas Zaveri, Binaisha Shrikant Zaveri, Raashi Shrikant Zaveri and Bindu Shrikant Zaveri. The partnership as last reconstituted through a deed of reconstitution dated February 1, 2007. The members of the partnership, for the sake of better and effective management and to improve and advance the business, unanimously, by a resolution dated February 2, 2007, agreed to register the partnership as a company under Part IX of the Companies Act. The partners at the time of conversion of the partnership to a company were Shrikant Gopaldas Zaveri, Bindu Shrikant Zaveri, Binaisha Shrikant Zaveri, Raashi Shrikant Zaveri, Tribhovandas Bhimji Zaveri Jewellers (Mumbai) Private Limited, Tribhovandas Bhimji Zaveri (TBZ) Private Limited and Super Traditional Metal Crafts (Bombay) Private Limited.
Pursuant to conversion of the partnership to a private limited company under part IX of the Companies Act, the Company received a certificate of incorporation dated July 24, 2007 from the RoC and the partners at the time of conversion became members of the Company. Further, pursuant to conversion to a public limited company, the Company received a certificate of incorporation consequent to change of name to "Tribhovandas Bhimji Zaveri Limited" dated December 3, 2010 from the RoC.
Major events of the Company
1938
First jewellery house to offer buy back guarantee for jewellery purchased
1995
First jewellery house to launch light weight jewellery
2001
Division of business pursuant to deed of dissolution dated October 1, 2000
Opening of second showroom at Hyderabad
Introduced independent administration of each showroom by professionals
2004
Commenced retailing 100% pre-hallmarked jewellery
2007
Converted from the business from a partnership firm to a private limited company
2008
Opened seven additional stores in a period of 15 months starting from August 2007 to October 2008
Retail footprint of the Company exceeded 42,000 sq. ft. across 13 cities
2009
Gross revenue on a standalone basis crossed ` 5,000 million in Fiscal 2009
The company got its new brand identity.
2010
Corporate office established at Mumbai
The Company reached out to national and global audience by the medium of television
2011
Volume of sales surpassed 4.11 tonnes of gold jewellery and 51995 carats of diamond-studded jewellery in
Fiscal 2011
Expansion of manufacturing unit situated at Kandivali, Mumbai
Awards and Recognition
1978 Award for outstanding export performance in sales to foreign tourists granted by Export Promotion Council
2003 Award of appreciation for participating in the Times Mumbai Gold Festival
2004 DTC Diamond Season - Best Showroom
2005 Award of appreciation for participation in Abha Exhibition conducted by the Jewellery, Machinery and
Accessories Association, Mumbai
2005 DTC Diamond Season - Best Diamond Moments to the Ghatkopar showroom of the Company
2005 DTC Diamond Season - Best Showroom to the Hyderabad showroom of the Company
2006 Appreciation memento by Mumbai Textile Merchants Mahajan at Textile Festival 2006
2006 DTC Diamond Season - Best Showroom to the Ghatkopar showroom of the Company
2007 Jamnalal Bajaj Uchit Vyavahar Puraskar for customer fair business practice
2007 DTC Diamond Season - Best Collection
2007 DTC Diamond Season - Best Innovation
2007 JJS Gold Souk Award for contribution to gems and jewellery
2007 Best Store (Customer Interaction) - Regional Winner awarded by Platinum Guild International
2007 Reader's Digest Most Trusted Brand Asia for Jewellery Shop
2008 Award of appreciation by Madison
2010 Retail Jewellers India Awards - Gold Vivah Jewellery of the Year
2011 Retail Jewellers India Awards - TV Campaign of the Year
2011 IJ Jewellers Choice Awards - Best Necklace Design
2011 IJ Jewellers Choice Awards - Best Bridal Design
2011 IJ Jewellers Choice Awards - Kundan Meena Jewellery Award
2012 National Jewellery Award - Best Advertising Campaign of the Year (Print)
2012 Asia Retail Congress Awards in two categories - i. Best Impactful Retail Design and Visual Merchandising and ii. Innovative Retail Concept of the Year
2013
- Tribhovandas Bhimji Zaveri Limited honoured with prestigious MACCIA Award 2013 for Excellence in Entrepreneurship - Gems & Jewellery category.
- The Company has won following three prestigious awards by the Indian Jewellers (IJ) Awards for the year 2013 which is held in Jaipur (Rajasthan).
2014
- TBZ - The Original bags Three Jaipur Jewellery Show - Indian Jeweller Jewellers Choice Design Awards.
- Tribhovandas Bhimji Zaveri Ltd. honoured with Two Awards at the prestigious "IJ Jewellers' Choice Design Awards 2014.
2015
-"Tribhovandas Bhimji Zaveri Ltd. now announces TBZ Franchising Opportunity".
- "Tribhovandas Bhimji Zaveri Ltd. honored with 'Best Jewellery Company' award at the second GJTCI Excellence Awards".
-"Tribhovandas Bhimji Zaveri Limited crowned as one of the Asia's Most Promising Brands by World Consulting & Research Corporation (WCRC)".
2016
-Tribhovandas Bhimji Zaveri bags Best Necklace Design award at the JJS-IJ Jewellers' Choice Design Awards 2015
-TBZ signs its 4th franchise agreement for its upcoming store in Patna, Bihar.
-Tribhovandas Bhimji Zaveri announces opening of its Second Franchisee Store
-TBZ -The Original wins two awards at the 12th Gemfields Retail Jeweller India Awards 2016 - 1) TV Campaign of the year & 2) Diamond Jewellery of the year.
2017
-Tribhovandas Bhimji Zaveri Ltd has renovated its Vijaywada showroom with large range of diamond and gold collection
-TBZ-The Original wins the Best Ring Design Award at the 'JJS-IJ Jewellers' Choice Design Awards 2016"
2018
-Retail Jewellers India Awards-Diamond Vivah jewellery of the year.
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