GITANJALI

Gitanjali Gems Limited has informed the Exchange that Hon'ble Bombay High court has approved merger of a wholly owned subsidiary, Gitanjali Exports Corporation Limited with the Company. The certified copy of the Order sanctioning the Scheme is awaited. The Scheme will become effective from the Appointed Date i.e. April 01, 2014, upon receipt of the certified copy of the order of the High Court and filing of the same with Registrar of Companies, Mumbai. This merger would help in streamlining the group structure and obtain synergy of operations by consolidation of manufacturing and business func

Gitanjali Gems Limited has informed the Exchange that with a view to rationalize the existing group structure and create synergy of operations, Gitanjali group is presently undertaking consolidation exercise at group level for enabling restructuring of Group's business in a manner that will enable operating of it sourcing, manufacturing, distribution, exporting and retailing arms of the Group in the most beneficial manner by way of reduction in costs and improvement in cash flows. The resultant strategic business model which may help unlocking value in future. The Company, in its meeting of

Gitanjali Gems Limited has informed the Exchange that the Board of Directors of the Company at its meeting held on April 21, 2015 has considered and approved the Scheme of Amalgamation of Gitanjali Exports Corporation Limited (GECL), a wholly owned subsidiary with the Company. The Scheme is subject to sanction of the Hon'ble High Courts and all other statutory approvals as may be required under sections 391 to 394 of the Companies Act, 1956.

Gitanjali Gems Limited has informed the Exchange that Aston Luxury Group Ltd., a Hong Kong based wholly owned subsidiary of the Company has acquired 15.3% stake in Verite Co. Ltd. in Japan. The said acquisition will provide supply chain synergies to the Group. Verite Co. Ltd. is a listed entity on the Tokyo Stock Exchange and operates a network of 101 jewellery retail stores in Japan. This stake will also increase the presence of the Gitanjali group in one of the leading diamond jewellery markets of the world.

Gitanjali Gems Limited has informed the Exchange that the Company has acquired 90% stake in 'Giantti Italia S.R.L.', a Company based in Milan, Italy. The Company has acquired the said stake from its Dubai based wholly owned subsidiary 'Gitanjali Ventures DMCC'. By virtue to this acquisition "Giantti Italia S.R.L.' has become a direct subsidiary of the Company. The said acquisition is aimed at growth of the branded jewellery business overseas and gain the designing and branding concepts expertise from Italy.

Gitanjali Gems Limited has informed the Exchange that "With a view to rationalize the group structure, we have acquired entire stake in "Pink Jewellery Private Limited" (PJPL) through Brightest Circle Jewellery Private Limited, a wholly owned subsidiary of the Company. PJPL, an erstwhile Joint Venture through another wholly owned subsidiary 'Fantasy Jewellery Private Limited' is engaged in the business of manufacturing of all kinds of jewellery on job work basis including jewellery studded with diamonds, pearls and semiprecious stones."

Gitanjali Gems Limited has informed the Exchange that with a view to rationalize the business plan, the Company has strategically acquired the balance 50% stake in the Indian JV Company "Morellato India Private Limited". The Company continues to hold on exclusive basis, the rights of marketing, promotion, sale and distribution of products of the erstwhile JV partner under the brand names e.g. Morellato, Sector (non-Swiss made collection), Roberto Cavalli, Just Cavalli and Miss Sixty etc.

Gitanjali Gems Limited has informed the Exchange that "In line with our policy of strategic acquisitions, the Company has acquired additional shares in 'Spectrum Jewellery Private Limited' ("Spectrum"), earlier a Joint Venture Company. By way of this acquisition, the Company has become owner of majority stake in Spectrum. Spectrum is owner of trademark "Sangini", which is a leading brand in the Country and it is engaged in the business of manufacturing and dealing of Diamonds and Diamond studded jewelleries".

Gitanjali Gems Limited has informed the Exchange that in continuance to the Company's policy towards strategic acquisition, Company has acquired entire stake in "ALLIANCE JEWELLERIES PRIVATE LIMITED" ('Alliance') through wholly owned subsidiary Brightest Circle Jewellery Private Limited. Further, the Alliance is engaged in the business of manufacturing of gold and diamond studded jewellery etc.

Gitanjali Gems Limited has informed the Exchange that: "Gitanjali USA Inc, a wholly owned subsidiary of the company based in USA, has acquired 51% stake in Diamlink Inc. (Diamlink) New York based corporation. Diamlink Inc. is engaged in the business of diamond and diamonds studded Jewelry. By virtue of this acquisition Diamlink Inc. has become a step down subsidiary of the Company".

Gitanjali Gems Limited has informed the Exchange regarding Acquisition of stake in Mobilenxt Teleservices Private Limited. The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Gitanjali_ANN_01072009.zip target=NEW> For more details click here.</a>

Gitanjali Gems Limited has informed the Exchange that Company has sold its investment in Ivida Technologies Private Limited, which was incorporated in the year 2007 to deal in software, technology and telecom business, as a 100% subsidiary of the Company. The gloomy performance of technology sector as well as Company's intention to focus over core area of business is the main reason behind the decision to hiving-off its entire stake of Ivida Technologies Private Limited.

Gitanjali Gems Limited has informed the Exchange that "In continuance to the Company's policy towards strategic acquisition, Company has acquired "B VIJAY RETAIL VENTURES PRIVATE LIMITED" (BVRVPL) through wholly owned subsidiary Gitanjali Lifestyle Limited. We further wish to inform that the BVRVPL is engaged in the business of trading and retailing of gold, silver, precious metal and diamond studded jewellery. "HooP" is one of he premium brand of BVRVPL".

Gitanjali Gems Limited has informed the Exchange that:- "The Company has acquired 100% stake in Decent Securities & Finance Pvt. Ltd. By virtue of this acquisition of shares, Decent Securities & Finance Pvt. Ltd., earlier a promoter group company has become a wholly owned subsidiary of the Company".

Gitanjali Gems Limited has informed the Exchange that; "The Company has acquired 100% stake in Eureka Finstock Pvt. Ltd. By virtue of this acquisition of shares, Eureka Finstock Pvt. Ltd, earlier a promoter group company has become a wholly owned subsidiary of the Company."

Gitanjali Gems Limited has informed the Exchange regarding "Acquisition of 100% shares in Brightest Circle Jewellery Pvt. Ltd.". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/Gitanjali_Acquisition_07012008.zip target=NEW> For more details click here.</a>

Gitanjali Gems Limited has informed the Exchange regarding "Acquisition of Brand 'Nakshatra' and Domain Name 'www.nakshatra.com'". The details of the same shall be available on the NSE website (http://www.nseindia.com) under: Corporates > Latest Announcements and on the Extranet Server (/Common/Corporate Announcements).<a href=/content/corporate/GitanjaliGems_Acquisition_07012008.zip target=NEW> For more details click here.</a>

Gitanjali Gems Limited has informed the Exchange that "In line with the company's philosophy to add incremental value at every level of the supply chain and ensuring greater shareholder value and boost to the bottom line, Gitanjali Gems Ltd., India's one of the largest integrated diamond and jewellery manufacturer and retailer, has acquired Rogers Ltd. Inc., a retail jewelry chain in United States.The Company has acquired l00% stake in this specialty retailer, which operates 46 stores in US with current revenues equivalent to US$ 80 Million. Rogers Ltd. Inc. is headquartered in Middletown, Ohi

Gitanjali Gems Limited has informed the Exchange that "in line with the management's perception on expansion and further acquisition, the Company has purchased a majority interest in Tri-Star Worldwide LLC. Tri-Star Worldwide LLC is a BHP Billiton direct customer and a CANADMARK licensee. It's a manufacturer and global distributor of canadia� brand diamonds and diamond jewelry. Partnering with Tri-Star will provide Gitanjali with an opportunity to be a part of the finest "Mined in Canada" branded offering available to the market today. Tri-star Worldwide LLC was founded by Beny Sofer & Sons, L

Gitanjali Gems Limited has informed the Exchange that: "In line with the company's philosophy to add incremental value at every level of the supply chain and ensuring greater shareholder value and boost to the bottom line, Gitanjali Gems Ltd., India's largest integrated diamond and jewellery manufacturer and retailer, has acquired Samuels Jewelers Inc., the 10th largest jewelry chain in United States. The Company has acquired 97% stake in this specialty retailer, which operates 97 stores spread across 18 states with current revenues equivalent to Rs. 450 Crores. The acquisition is being financ

Gitanjali Gems Limited has informed the Exchange that the Company has entered into a Shareholder's Agreement with Modern India Limited to form a Joint Venture (JV) by way of subscription to equal number of Equity Shares of Modali Distributors Private Limited. The Joint Venture Company will carry on the business of distributionship primarily of jewellery and jewellery related products.

Gitanjali Gems Limited has informed the Exchange that in line with the policy of strategic acquisitions, the Company has acquired 100% Shares of Desire Lifestyle Private Limited for further expansion in retail operations. The Company has further stated that Desire Lifestyle Private Limited, a Company incorporated under Companies Act, 1956, having its registered office at Mumbai, is engaged in the business of retailing of jewellery. By way of this acquisition of shares, Desire Lifestyle Private Limited has become a wholly owned subsidiary of the Company.