July 10, 2014: Satyug gold, a firm promoted by actor Shilpa Shetty and her husband Raj Kundra launched a gold systematic accumulation plan called Satyug Mera Gold, wherein customers can buy gold for Rs 50 a day.
At the event, Shilpa Shetty Kundra looked gorgeous in a black corporate look. Shilpa was wearing a global black look pairing it Sup with a red and white pocket square and strappy sandals, Shilpa looked stunning. She also carried a black laptop bag from designer Hermes Kelly. Red nails and loud make-up completed her look at the event.
Satyug Gold has tied up with IDBI Trusteeship Services, a joint venture promoted by IDBI Bank, LIC, GIC and Karvy Computershare, to process investor applications. Brinks India will provide logistics and vault services. Satyug Gold Chief Executive Officer, Raj Kundra said the company will offer gold at a price lower than the top five leading jewelers and banks, as it sources the metal directly from miners in South Africa, Peru and Ghana. The bullion is processed at the company’s refinery at Navi Mumbai. He added that customers tend to lose out in similar schemes run by jewelers, as they have the option only to redeem their savings in the form of gold, as gold jewellery.