Tara Jewels has received an approval to raise funds up to $25 million through private placement, Qualified Institutional Placement (QIP), American Depository receipts (ADR), Global Depository Receipts (GDR), Foreign Currency Convertible Bonds (FCCB) or through any other permissible mode or a combination thereof, as may be considered appropriate, subject to shareholders’ approval as applicable and applicable regulatory/statutory approvals and requirements. The board of directors at its meeting held on May 29, 2017 has approved for the same.
Tara Jewels is an integrated player in the jewellery industry with experience ranging from designing and manufacturing to retailing of jewellery. The company has three manufacturing facilities.
