Golkunda Diamonds & Jewellery has informed that the company has offered for Voluntary Retirement Scheme (VRS) at its factory premises located at G-30, Gems & Jewellery Complex-III, SEEPZ, Andheri (East), Mumbai, Maharashtra for workers who have completed 10 years of their service with the company or completed 40 years of age and 17 workers of the company have opted the VRS. The company believes that implementation of VRS will be beneficial to the company in long term and it is not going to affect the business of the company as we have adequate capacity to cater to the demand of the market.
The above information is a part of company’s filings submitted to BSE.
