Senco Gold Limited has confirmed that a burglary occurred at its franchisee-operated showroom in Dhuliyan, West Bengal, on May 14, 2026. The company emphasized that all staff members are safe and unharmed. Because the store operates under a Franchisee Owned and Franchisee Operated (FOFO) model, the inventory is recorded on the franchisee’s books, resulting in no financial impact or inventory loss for the parent company.
Incident Overview
On May 14, 2026, a security incident involving a burglary took place at a Senco Gold franchisee showroom located in Dhuliyan, Murshidabad. Following the event, the franchisee promptly filed an official report with local law enforcement and notified their insurance provider to initiate recovery proceedings.
Safety and Operational Status
The company has prioritized the safety of its personnel, confirming that all employees at the store are safe and unharmed. Senco Gold remains in close contact with the franchisee to provide necessary support during this period.
Impact Assessment
The showroom functions under the Franchisee Owned and Franchisee Operated (FOFO) business model. Under this arrangement, the showroom’s inventory is owned and maintained in the books of the franchisee rather than the company. Consequently, the organization has confirmed that there is no inventory loss or direct financial impact to Senco Gold Limited as a result of this incident.
Source: BSE
