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SGJH inks pact with Rocks Creation of Dhaka, Bangladesh

28 May 2013 Evaluate

Shree Ganesh Jewellery House (SGJH) has inked pact with Rocks Creation of Dhaka, Bangladesh by entering into a joint venture. With this association, the company aims to manufacture gold jewellery, both plain and studded with diamonds and other precious and semi-precious stones. 

It has also established a 100% subsidiary in Ghana for procurement of Dore Gold / Unrefined gold for further refining in India. The company has reported 28% increase in turnover to Rs 12,971 crore and a net profit of Rs 462 crore in FY13 as compared to Rs 461 crore in FY12.

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