Gitanjali Gems - Acquisition of further shares in ‘Modali Jewels Pvt. Ltd’
Gitanjali Gems Ltd has informed BSE that the Company has acquired 100% Shares of ‘Modali Jewels Pvt Ltd.’ (MJPL), earlier a joint venture Company. By way of this acquisition, MJPL has become a wholly owned subsidiary of the Company.
The main business of MJPL is to establish and operate chain of showrooms / outlets for selling Gold & Diamond studded jewellery.
Tags: Gitanjali Gems