Swarnsarita Gems gets nod to accept credit facilities issued by SBI

Swarnsarita Gems has decided to accept the terms and conditions of the sanction letter as issued by State Bank of India, Backbay Reclamation Branch, with respect to availment of various credit facilities by the Company and to authorize any one of Managing Director or Executive Director of the Company, to sign and execute the relevant agreement(s) in connection therewith. The board of company at its meeting held on March 10, 2015 has approved for the same.

Swarnsarita Gems engages in diamond polishing and manufacture of jewelry. It has its manufacturing unit located at in the special economic zone (SEZ) in Surat, Gujarat.