Moonthunghal Augustine CyrilGroupis a fully privately owned and operated company established in the city of Kochi,in Kerala – a state located in southern India. Mr. Cyril Moonthungal Augustine (1921 – 1997) was globally renowned for his entrepreneurship. He founded the first gold retail jewelry and in Palace Road, in southwest Fort Kochi, Kerala, India in the year 1956.

In 1960’s he pioneered a simple savings plan for the poor through which all walks of life could acquire gold ornaments as a saving. In those days, Gold ornaments were restricted to the rich. This led the group through growth for several decades and thereby becoming a household name in Kochi’s heartland. There are couple of roads in the city of Kochi named after Mr.M.A Cyril by the Corporation of Cochin making him an immortal name in the city of Kochi.

Mr. Cyril and his wife Mrs. Greephy Cyril had 8 sons and 2 daughters. M.A Cyril Group was founded in 1990 under the leadership of his 3rd son, our Chairman Mr.Augustus Cyril, B.Comm (DOB 11 – 1952) who diversified the family business through direction from his late father.