1934: Business was initiated with Mikimoto co of Japan for Pearl Trade by Mr. Sitaram T Lagu, a qualified mining engineer. Business was being conducted from Pune.
1936: 'Lagu Bandhu' was founded and the Bombay operations started from Dadar.
1977: The Company showed steady growth & evolved from a proprietary business to a partnership concern.
1989: Lagu Bandhu was registered as PVT LTD company.
1995 - 2002: The showroom at Dadar was expanded twice from 200 sq.ft. Area to 800 sq.ft.Dadar.
1999: Efforts were made to expand horizons to the export market by taking part in exhibitions in USA & Dubai.
1997: Lagu Bandhu forayed into the trade of Diamonds.
2003: The showroom on Karve Road, Pune was inaugurated.
2003: Branch office in USA was set up in Oklahoma City.
2004: New showroom was started with a franchisee arrangement in Nashik.
2005: With increasing business in Pune the showroom was expanded from 300 sq.ft to a whooping 1800 sq.ft.
2007: This year saw another showroom being opened at Thane in Eternity Mall.
2007: New Showroom was started with a franchisee arrangement in Goa, Panaji.
2008: Lagu Bandhu diversified into the business of Plain gold jewellery.