Lypsa Gems & Jewellery has received its board's approval to form a 100% Subsidiary Company in Hong Kong and authorized Managing Directors of the Company, to sign all the required documents with all concerned authorities for formation of subsidiary Company. The board at its meeting held on December 19, 2013 has approved the same.
Lypsa Gems and Jewellery is engaged in three core activities: Rough Preparation, Manufacturing and Polished Diamonds Marketing. It is based out of Mumbai with affiliates in Antwerp, Dubai and Moscow. Lypsa has its manufacturing facilities at Navsari and at SurSez, Surat.