Gitanjali Gems with a view to expand its business in Italy and adjoining region has incorporated a wholly owned subsidiary in the name of ‘Leading Italian Jewels S.r.l’ in Italy. The main activity of the newly incorporated wholly owned subsidiary is trading in precious stones, diamonds jewellery, pearls, etc.
Recently, Gitanjali Gems had acquired the remaining 10% stake of Giantti Italia S.R.L, a company based in Milan, Italy. The company had acquired the said stake from Ambio S.R.L. on June 16, 2011 and by virtue to this acquisition Giantti Italia S.R.L. had become a wholly owned subsidiary of the company. The said acquisition is aimed by the company at growth of the branded jewellery business overseas and gain the designing and branding concepts expertise from Italy.
Gitanjali Group's has operational presence starting from sourcing of rough diamond, cutting, polishing and distributing, to jewellery manufacturing, which includes designing, mould making, wading, casting, sprue grinding, filing, polishing and setting. The company was first to offer diamond studded jewellery at reasonable prices.
Company Name | CMP |
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Titan Co | 3533.75 |
Kalyan Jewell.India | 399.45 |
Rajesh Exports | 290.95 |
Sagar Diamonds | 28.00 |
Senco Gold | 977.00 |
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