In January this year, the Surat Diamond Bourse (SDB) made a lucrative offer to Mumbai traders to shift base. They have now sweetened the deal further, offering them a golden name plate on the main board of the diamond trade centre in Surat. Sources told mid-day that several traders from the city have already bought offices at SDB and many more are expected to move to Surat after the office’s inauguration early next year.
 
The Surat Diamond Bourse (SDB), in January, offered the city traders a waiver of the maintenance charge for the first six months and promised to display their names in the reception area for lifetime. The Bharat Diamond Bourse (BDB) at Bandra-Kurla Complex had objected to the offer, and even the Shiv Sena, which was then heading the coalition government in the state, had opposed the SDB’s offer. 

The SDB’s new circular, issued recently, comes after Maharashtra lost a series of big projects to Gujarat since the government of rebel Eknath Shinde’s Sena and the BJP took charge earlier this year. The new circular, issued on the letterhead of SDB Chairman Vallabhbhai S Lakhani (Patel) along with his signature, announced that the bourse’s building has received the occupancy certificate from the administration on November 7.