Gitanjali Gems share news and announcements

BSE: 532715Consumer Durables

Trading suspended since 2 Apr 2019

Last traded ₹1.05 on 1 Apr 2019

Gitanjali Gems share news and announcements

1,286 announcements, routine notices left out, newest first. Page 24 of 26.

  1. Oct 2009

    • 16 Oct · Buyback of Shares

      Fortnightly Advertisement of Buy-Back of equity shares published in the news paper on October 15, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 14 Oct · Extinguishment

      Company has extinguished 29,258 equity shares on October 10, 2009, bought back under its buyback offer through stock exchange mechanism. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 12 Oct · Business

      Vide its letter dated October 09, 2009, regarding a press release dated October 08, 2009, titled "Gitanjali Gems Ltd announces the Brand Valuation for Nakshatra, Gili, D'damas and Asmi". A copy of the press release shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 6 Oct · Business

      In continuance to the Company's policy towards strategic acquisition, Company has acquired entire stake in "ALLIANCE JEWELLERIES PRIVATE LIMITED" ('Alliance') through wholly owned subsidiary Brightest Circle Jewellery Private Limited. Further, the Alliance is engaged in the business of manufacturing of gold and diamond studded jewellery etc.

    • 6 Oct · Extinguishment

      Company has extinguished 20,854 equity shares on October 02, 2009, bought back under its buy back offer through stock exchange mechanism. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 5 Oct · Buy back

      Fortnightly Advertisement of Buy-Back of equity shares published in the news paper on October 01, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 5 Oct · Updates

      In line with the provisions of Foreign Trade Policy, 2004-2009, on the basis of export performance, the Company has been recognised as a 'Star Trading House' by Ministry of Commerce & Industry, Government of India. Further the Company has informed that in accordance with Foreign Trade Policy, 2009 -2014 the Company has been designated as 'Nominated Agency' for the purpose of Direct import of Gold, Silver and other precious metals.

  2. Sep 2009

    • 22 Sep · Extinguishment

      Company has extinguished 36,000 equity shares on September 19, 2009, bought back under its buy back offer through stock exchange mechanism. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 22 Sep · Meeting

      Proceedings of Annual General Meeting of the Company held on September 19, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 18 Sep · Buy back

      Fortnightly Advertisement of Buy-Back of equity shares published in the news paper on September 17, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 4 Sep · Extinguishment

      Company has extinguished 1,42,831 equity shares on September 02, 2009, bought back under its buy back offer through stock exchange mechanism. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 3 Sep · Buy back

      Fortnightly Advertisement of Buy-Back of equity shares published in the news paper on September 02, 2009. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  3. Aug 2009

    • 13 Aug · Corrigendum

      Corrigendum to the Public Announcement published in the newspapers in which the original public announcement appeared with reference to the Buy Back of equity shares by Gitanjali Gems Limited. Further the Company proposes to commence the Buy-back from August 19, 2009. A copy of the corrigendum to the Public Announcement shall be available on the NSE website (http://www.nseindia.com) under Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  4. Jul 2009

    • 29 Jul · Dividend

      Board of Directors in their meeting held on June 29, 2009 recommended a final dividend of Rs.1.80 per share. The dividend if approved by the members at the ensuing Annual General Meeting scheduled on September 19, 2009 will be paid to the shareholders on or after September 24, 2009.

    • 29 Jul · Meeting

      At the meeting of the Board of Directors held on July 28, 2009, the Board has fixed that the Register of Members and Share Transfer Books shall remain closed from September 05, 2009 to September 19, 2009 (both days inclusive) for the prupose of declaration of Dividend for the year ended March 31, 2009. Further the Annual General Meeting of the Company is scheduled to be held on September 19, 2009.

    • 28 Jul · Results

      Standalone Results for the quarter ended on 30-JUN-2009 as follows: Net Sales of Rs. 72844.75 lacs for quarter ending on 30-JUN-2009. Net Profit / (Loss) of Rs. 3796.44 lacs for the quarter ending on 30-JUN-2009.

    • 17 Jul · Board meeting

      To interalia consider, approve and take on record the Unaudited Financial Results of the Company for the quarter ended June 30, 2009.

    • 14 Jul · Business

      Gitanjali USA Inc, a wholly owned subsidiary of the company based in USA, has acquired 51% stake in Diamlink Inc. (Diamlink) New York based corporation. Diamlink Inc. is engaged in the business of diamond and diamonds studded Jewelry. By virtue of this acquisition Diamlink Inc. has become a step down subsidiary of the Company

    • 1 Jul · Business

      Acquisition of stake in Mobilenxt Teleservices Private Limited. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  5. Jun 2009

    • 30 Jun · Utilisation of Funds

      Vide notes to Accounts in the Audited Financial Results for the year ended March 31, 2009 (taken on record by the Board of Directors of the Company at its meeting held on June 29, 2009) that as on March 31, 2008, the company had a balance of Rs.1050 million from its IPO proceeds. During the year, the company further utilized the proceeds. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 30 Jun · Updates

      Profit and Loss Appropriation statement - Clause 20 of the Listing Agreement. A copy of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 29 Jun · Dividend

      Board of Directors in their meeting held on June 29, 2009 have recommended a final Dividend of Rs 1.80 /- per share on equity shares of Rs. 10 each subject to the approval of the shareholders at the ensuing Annual General Meeting of the company.

    • 29 Jun · Results

      Consolidated Results for the year ended on 31-MAR-2009 as follows: Net Sales of Rs. 508887.58 lacs for year ending on 31-MAR-2009 against Rs. 482804.99 lacs for the year ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 15058.31 lacs for the year ending on 31-MAR-2009 against Rs. 16069.31 lacs for the year ending on 31-MAR-2008.

    • 29 Jun · Results

      Standalone Results for the year ended on 31-MAR-2009 as follows: Net Sales of Rs. 269384.7 lacs for year ending on 31-MAR-2009 against Rs. 265432.92 lacs for the year ending on 31-MAR-2008. Net Profit / (Loss) of Rs. 12676.88 lacs for the year ending on 31-MAR-2009 against Rs. 13815.36 lacs for the year ending on 31-MAR-2008.

    • 22 Jun · Board meeting

      To consider inter-alia the following agenda items: 1) To consider, approve and take on record the Audited Annual Financial results of the Company for the year ended March 31, 2009. 2) To recommend payment of dividend to the equity shareholders of the Company for the financial year ended March 31, 2009.

    • 15 Jun · Sale of stake

      Company has sold its investment in Ivida Technologies Private Limited, which was incorporated in the year 2007 to deal in software, technology and telecom business, as a 100% subsidiary of the Company. The gloomy performance of technology sector as well as Company's intention to focus over core area of business is the main reason behind the decision to hiving-off its entire stake of Ivida Technologies Private Limited.

    • 10 Jun · Business

      Gitanjali Lifestyle Ltd the 100% wholly owned subsidiary of the Company has decided to set up a joint venture Company in India in association with Damas LLC, Dubai for retail trading of all kinds of jewelleries and related accessories. Further, Damas LLC, Dubai received necessary approval from Foreign Investment Promotion Board on June 04, 2009 for setting up the said joint venture in India.

  6. Apr 2009

    • 17 Apr · Results

      The Company has opted for submit its audited financial results for the entire year ended March 31 ,2009, within three months from end of the financial year. In view of the above, the Company would not be publishing the un-audited financial results for the last quarter ending March 31, 2009.

    • 13 Apr · Public Announcement - Buyback of Shares

      Public Announcement made pursuant to the provisions of regulation 8 (1) read with regulation 15 (c) and in compliance with the Securities and Exchange Board of India (Buy Back of Securities) Regulations, 1998 and subsequent amendments thereto and contains disclosures as specified in Schedule II to these Regulations. The Offer: Gitanjali Gems Limited ("the Company") hereby announces the Buy-Back of its fully paid up equity shares of Rs.10/- each not exceeding 1,20,00,000 equity shares from the existing owners/ beneficial owners of the equity shares of the Company ("Buy-Back") from "Open Market" through Stock Exchange mechanism in accordance with sections 77A, 77AA and 77B of the Companies Act, 1956 (hereinafter referred as 'the Act') and the SEBI (Buy-Back of Securities) Regulations, 1998 ("the Regulations") at a price not exceeding Rs. 120/- per equity share ("Maximum Buy-Back price") payable in cash for an aggregate amount not exceeding Rs. 144.00 crores (Rupees One Hundred and Forty Four Crores Only) ("Maximum Buy-Back size"). The Buy-Back size represents 8.08% of the paid-up equity share capital of Rs. 85.06 crores and free reserves of Rs. 1697.70 crores aggregating to Rs. 1782.76 crores as on March 31, 2008. The Buy-Back will be conducted through the Bombay Stock Exchange Limited (BSE) and National Stock Exchange of India Limited (NSE) (together referred hereinafter referred as "the stock exchanges"). The Date of opening of the Buy-Back is April 17, 2009 & Last Date for the Buy-Back is December 18, 2009 (i.e. 12 months from the date of passing of Board Resolution by the Company) or when the Company completes the Buy-Back to the extent of Rs.144.00 crores or in the event of the minimum number of shares have been purchased under the Buy-Back, even if the Maximum Buy-Back size has not been reached by giving appropriate notice of such date and completing all formalities in this regard as per relevant laws and regulations. All payment obligations related to Buy-Back shall be completed by the said last date of Buy-Back. A copy of the Public Announcement - Buyback of Shares shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

  7. Mar 2009

    • 31 Mar · Updates

      In line with our policy of strategic acquisitions, the Company has acquired 100% shares of 'Modali Gems Pvt.Ltd.' (MGPL), earlier a Joint Venture Company. By way of this acquisition, MGPL has become a wholly owned subsidiary of the Company. The main business of MGPL is engaged in the business of all kinds of jewellery, utensils, ornaments, decorative and art materials and machinery and instruments used in jewellery and gems industry

    • 24 Mar · Rating

      The Credit Analysis & Research Ltd (CARE) has revised the rating assigned to the Long Term facilities of the Company from CARE A (Single A) to CARE A+ (Single A plus). This rating is applicable for facilities having tenure of more than one year. Instruments with this rating are considered to offer adequate safety for timely servicing of debt obligations and carry low credit risk.

    • 20 Mar · Management

      Mr. Adrianus Voorn has resigned from the position of Executive Director as well as Director of the Company due to personal reasons. The Board of Directors accepted his resignation by means of Circular Resolution dated March 18, 2009.

  8. Feb 2009

    • 12 Feb · Foreign Currency Convertible Bonds

      The Company issued 1% Foreign Currency Convertible Bonds (FCCBs) denominated in US Dollars aggregating to 110 million, by way of offering circular dated November 21, 2006. The said FCCBs unless previously redeemed, converted, purchased or cancelled are convertible by the bond holders into fully paid equity shares of Rs.10 each at any time after December 24, 2006 till November 25, 2011 at an initial Conversion Price of Rs. 275/- per share. Clause 6.4 of terms and conditions of offering circular provides for a conversion price reset based on a pre fixed criteria and accordingly as on the reset date i.e. November 24, 2008 the conversion price has been adjusted and reset to Rs.220/- in accordance with the pre fixed criteria

    • 4 Feb · Business

      Further to our announcement related to signing of memorandum of understanding with MMTC Limited ( MMTC ), India's one of leading international trading Company, we are happy to inform that Company has executed a tripartite share purchase agreement with MMTC and the newly formed joint venture Company "MMTC Gitanjali Private Limited" ( MGPL), as a party to it. MGPL will be engaged in establishing, developing, managing, and maintaining retail jewellery showrooms and carrying out such other activities as may be necessary or incidental thereto

  9. Jan 2009

    • 31 Jan · Utilisation of Funds

      Vide notes to Accounts in the Unaudited Financial Results for the quarter ended December 31,2008 (taken on record by the Board of the Directors of the Company at its meeting held on January 31, 2009) regarding utilization of IPO proceeds. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 31 Jan · Results

      Consolidated Results for the quarter ended on 31-DEC-2008 as follows: Net Sales of Rs. 111109.8 lacs for quarter ending on 31-DEC-2008 against Rs. 129148.93 lacs for the quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 2915.22 lacs for the quarter ending on 31-DEC-2008 against Rs. 4895.29 lacs for the quarter ending on 30-SEP-2008.

    • 31 Jan · Results

      Standalone Results for the quarter ended on 31-DEC-2008 as follows: Net Sales of Rs. 55005.95 lacs for quarter ending on 31-DEC-2008 against Rs. 72826.71 lacs for the quarter ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 2689.88 lacs for the quarter ending on 31-DEC-2008 against Rs. 3519.92 lacs for the quarter ending on 30-SEP-2008.

    • 23 Jan · Board meeting

      Meeting on 31 Jan 2009: “Unaudited Financial Results for the qtr ended Dec 31, 2008”

    • 10 Jan · Business

      Gitanjali Lifestyle Limited, a wholly owned subsidiary of the Company has signed a Joint Venture Agreement with Kuwait based Hassan's Optician Company, LLC to form a Joint Venture Company by way of subscription to equal number of equity shares of the proposed company. Further, the proposed joint venture company will carry on the business of purchase, import, retail and wholesale trading, distribution and manufacture of sunglasses, eyewear, contact lenses, opticals and other similar products and related accessory under different brand names as may be agreed between the Joint Venture Partners.

  10. Dec 2008

    • 22 Dec · Public Notice - Buy Back of Equity Shares

      Public Notice required to be published under Regulation 5A (1)(a) of SEBI (Buy Back of Securities) Regulations, 1998. A copy of the Public Notice - Buy Back of Equity Shares shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 22 Dec · Buyback of Shares

      Board of Directors at its meeting held on December 19, 2008 have decided to buy back upto maximum 1,20,00,000 equity shares of the Company of Rs. 10/- each upto maximum price of Rs. 120/- per share aggregating to Rs. 144,00,00,000 (Rupees One Hundred and Forty Four Crores only) which is less than ten percent of the total paid-up equity share capital and free reserve of the company.

    • 15 Dec · Board meeting

      To consider the proposal of buy back of equity shares of the Company.

  11. Oct 2008

    • 27 Oct · Utilisation of Funds

      Vide notes to Accounts in the Unaudited Financial Results for the quarter ended September 30,2008 (taken on record by the Board of the directors of the Company at its meeting held on October 25, 2008) regarding utilization of IPO proceeds. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.

    • 25 Oct · Updates

      Company has increased its stake in "Gitanjali Exports Corporation Limited" (GECL), a material non listed Subsidiary Company from 51% to 100% and thereby made it a wholly owned subsidiary company. GECL is primarily engaged in the manufacturing and exports of diamonds and diamond studded jewellery and trades in diamonds.

    • 25 Oct · Results

      Consolidated Results for the quarter ended on 30-SEP-2008 as follows: Net Sales of Rs. 129148.93 lacs for quarter ending on 30-SEP-2008 against Rs. 121814.06 lacs for the quarter ending on 30-JUN-2008. Net Profit / (Loss) of Rs. 4864.04 lacs for the quarter ending on 30-SEP-2008 against Rs. 4738.9 lacs for the quarter ending on 30-JUN-2008.

    • 25 Oct · Results

      Consolidated Results for the half year ended on 30-SEP-2008 as follows: Net Sales of Rs. 250962.99 lacs for half year ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 9041.39 lacs for the half year ending on 30-SEP-2008.

    • 25 Oct · Results

      Standalone Results for the half year ended on 30-SEP-2008 as follows: Net Sales of Rs. 143969.62 lacs for half year ending on 30-SEP-2008. Net Profit / (Loss) of Rs. 6874.05 lacs for the half year ending on 30-SEP-2008.

    • 25 Oct · Results

      Standalone Results for the quarter ended on 30-SEP-2008 as follows: Net Sales of Rs. 72826.71 lacs for quarter ending on 30-SEP-2008 against Rs. 71142.91 lacs for the quarter ending on 30-JUN-2008. Net Profit / (Loss) of Rs. 3519.92 lacs for the quarter ending on 30-SEP-2008 against Rs. 3354.13 lacs for the quarter ending on 30-JUN-2008.

    • 16 Oct · Board meeting

      Meeting on 25 Oct 2008: “Unaudited financial results for qtr ended September 30, 2008”

  12. Sep 2008

    • 19 Sep · Meeting

      Proceedings of the Annual General Meeting of the Shareholders of the Company held on September 18, 2008. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements). For more details click here.