Gitanjali Gems

With reference to the earlier announcement related to signing of memorandum of understanding with MMTC Ltd (MMTC), one of country’s leading international trading company, Gitanjali Gems Ltd has announced that it has executed a tripartite share purchase agreement with...

Geetanjali Gems, the jewellery retail arm of Mumbai-based Geetanjali Group, has signed a 50:50 JV with Kuwait-based Hassan’s Optician, according to a statement by Gitanjali Group to Bombay Stock Exchange. According to the BSE filing, the formed alliance will permit...

Mumbai-based Gitanjali Gems, known for its branded jewellery, has inaugurated its diamond retailing store Nakshatra Universe in Mumbai. The newly launched store is spread over a retail space of 400 square feet. Speaking on the occasion, Mehul Choksi, chairman and...

Further to its proposal to buy back of shares last week, Gitanjali Gems has decided to buy back upto a maximum of 1,20,00,000 equity shares of the company of Rs 10 each upto a maximum price of Rs 120...

Gitanjali Gems, country’s pioneer in branded jewellery, in its meeting of the board of directors of the company to be held on December 19, will consider the proposal of buy back of equity shares, the company has said in...

Gitanjali Gems, country’s pioneer in branded jewellery, has announced its financial results for the quarter ended September 30, 2008. The Mumbai-based company has logged a net profit of Rs 3519.92 lakh, an increase of Rs 834.52 lakh from its...

Gitanjali Lifestyle Ltd, the wholly owned subsidiary of Gitanjali Gems, has acquired B Vijay Retail Ventures Pvt. Ltd, which owns the 'HooP' brand in India and retails diamond, gold, and silver jewellery. With this move, Gitanjali will now retail its...

To strengthen its position in the US market, Gitanjali Gems has planned to buy the US-based jewellery retail chain Whitehall Jewellers Holdings, which filed for bankruptcy recently. Commenting on this, GK Nair, executive director, Gitanjali Gems, said: “We have great...