Mehul Choksi Birthday, Real Name, Age, Weight, Height, Family, Facts, Contact Details, Girlfriend(s), Bio & More
Rate Mehul Choksi as Businessman here
PERSONAL INFORMATION
REAL NAME
Mehul Chinubhai Choksi
BIRTHDAY
1960
AGE
64 Years
NATIONALITY
PROFESSION
ZODIAC
NA
FEATURES
Hair and eyes black
Physical Stats
CHEST
N/A
BICEPS
N/A
WAIST
N/A
HEIGHT
5'5''(feet & inches)
1.651 meters
165.1 cm
WEIGHT
N/A
Mehul Choksi Family Members
Fame & Address
DEBUT
1985
FAMOUS FROM/AS
Gitanjali Group
Education, Net Worth & More
More Information
Career of Mehul Choksi
He joined his father Chinubhai Choksi's firm in 1975, within a small time he entered the international market and started making the jewelry under the brand name Nakshatra, Diya, Maya, Sangini.
Some Lesser Known Facts About Mehul Choksi
- Does Mehul Choksi takes alcohol? NA.
- Is Mehul Choksi in the habit of Smoking? NA.
- Choksi's Gitanjali Gems had taken a loan from Jammu and Kashmir Bank's branch in Fort, Mumbai for the amount of Rs 121 crore in 2012 and which further exceeded to Rs 152 crore after including interest. Now he has been declared as a defaulter by the bank. Currently, he is not in India. The Enforcement Directorate during a raid against him in a showroom in Udhampur district of Jammu seized gold jewelry and diamonds worth Rs 2.5 crore. But no action was taken against the bank officials who sanctioned the loan to Gitanjali Gems.
- He is maternal uncle of Nirav Modi who is the main culprit of PNB fraud. Mehul and his nephew Nirav Modi have allegations of fraud of Rs 11400 crore from the Punjab National Bank. They were summoned under the Prevention of Money Laundering Act. According to the bank, the accused had come to their Mumbai Branch on 16 January 2018 for the Letter of Undertaking to do the payment of overseas supplier. Bank officers demanded full amount as collateral. The accused firm replied that they had used this facility in the past without any collateral. This became a clue for further investigation of the bank records and it was found that two junior employees of the Bank had issued LOUs on the SWIFT inter-bank messaging system without entering the transaction on the bank's own system and this was going on from many years and leading biggest bank fraud till date in India.
- He joined his father's business "Gitanjali Gems" and when he became a part of the firm, the company's turnover was approximately Rs 50 crore which is around 125 billion now.
- He wanted to become the World largest luxury player in the field of Jewellery from his childhood.
- Famous Bollywood actress like Aishwarya Rai and Katrina Kaif has modeled for his brand.
- According to Santosh Srivastava, who is former Managing Director of the Gitanjali Gems most of the diamonds sold by the company were lab produced and were of low value as compared to its selling price. Grade A diamond was actually C grade.
- He is a partner in Nirav Modi's three companies namely Diamond R Us, Stellar Diamonds, Solar Exports.
- He and his company hosted many high profile guests also includes Bollywood actors.
- His company has more than 4000 sales counter all over the world.
- He is believed to be largest diamond Jewelry retailer in India and targeted to become the world's biggest jewelry retailer.
USER RATING FOR MEHUL CHOKSI