Home Retail Gitanjali Gems acquires Modali Gems

    Gitanjali Gems acquires Modali Gems

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    has announced that the company has acquired 100 per cent shares of Modali Gems (MGPL), earlier a company. By way of this acquisition, MGPL has become a wholly owned subsidiary of the company, said in its latest filing to Bombay .

    Odisha govt approves Gitanjali Gems' industrial park
    In February 2016, Gitanjali gems had proposed setting up a gems and jewellery processing unit during discussions with an Odisha state delegation

    The main business of MGPL is engaged in the business of all kinds of jewellery, utensils, ornaments, decorative and art materials and machinery and instruments used in jewellery and gems industry.

    — IndiaRetailing Bureau