3.30 (1.25%) Credit rating agency, CRISIL has upgraded the rating on the bank facilities of Tribhovandas Bhimji Zaveri to A- from BBB+.
Recently, the company had inaugurated its new showroom located at K P Infinity, Natubhai Circle, Race Course Road, Vadodara in Gujarat on August 16, 2012.
Tribhovandas Bhimji Zaveri, a well known jewellery retailer in India, is primarily engaged in selling gold and diamond-studded jewellery. Presently, it operates through 14 showrooms of which two are designer boutiques under the trade name ‘Krsala’. The jewellery retailer now plans to open 44 showrooms under brand name ‘Tribhovandas Bhimji Zaveri’ by the fiscal year 2014.