He is known as the Pioneer of Emerald business in India. Till the mid of 20th Century Emeralds were not mined in India or Indian Subcontinent. Seth Banjilal Tholia jain ( jaipur) was the first gemstones merchant to import rough emeralds from England.
He was the Founder President of Jaipur Jewellers Association in 1927. For the tourists coming to Jaipur, he constructed Seth Banjilal Tholia Dharamshala at Ghee Walon Ka Rasta, Johari Bazar, Jaipur in 1923. It is known to be the first such facility in the city.
spreading the religious influence of Jainism, his sons organized Chaturmas -- a four month stay of great Jain Monks (Munis) Aacharya Shri Shanti Sagar Ji Maharaj with his disciples (Sangh) at Digambar Jain Mandir Ji Tholiyan and Seth Banjilal Tholia Dharamshala, Jaipur
Acharya Shri Shanti Sagar Ji Maharaj along with his disciples stayed for his chaturmaas at the Digamber Jain Tholia Temple in Jaipur in the year 1932 in the people sitting