GITANJALI

GITANJALI:The Exchange has sought clarification from Gitanjali Gems Limited with respect to announcement dated 17-Oct-2018, regarding " Gitanjali Gems Limited has informed the Exchange that'Corporate Insolvency Resolution Process (CIRP) has been initiated in respect of M/s Gitanjali Gems Limited under the provisions of Insolvency and Bankruptcy Code, 2016 (Code) by an order of National Company law tribunal (NCLT) , Mumbai dated October 08, 2018'.". On basis of above the Company is required to clarify following: 1. Any other material information not involving commercial secrets<br> 2. Salient

The Exchange has sought clarification from the Company with respect to news item captioned- NCLT admits ICICI Bank 39 insolvency plea against Gitanjali Gems. In this regard, Exchange has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether company is aware of any information t

The Exchange has sought clarification from the Company with respect to news item captioned- "Choksi, Gitanjali, Nakshatra - all accused in CBI chargesheet" In this regard, Exchange has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether company is aware of any information tha

The Exchange has sought clarification from the Company with respect to news item captioned- "Canara Bank slaps notice on Gitanjali Gems, Gitanjali Exports" In this regard, Exchange has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether company is aware of any information tha

The Exchange has sought clarification from the Company with respect to news item captioned- "ICICI Bank places application in NCLT for Gitanjali Gems: BS" In this regard, Exchange has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether company is aware of any information that

The Exchange has sought clarification from the Company with respect to news item captioned- "CBI to Special Court: Fraud amount by Gitanjali group companies increases by Rs.942.18 crs; Total amount of fraud in PNB case now stands at over Rs.13,600 crs; CBI also adds Section 409(IPC), Criminal breach of trust in FIR." In this regard, Exchange has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said informatio

The Exchange has sought clarification from the Company with respect to news item captioned- "CBI detains Gitanjali Group VP in PNB fraud case" In this regard, Exchange has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether company is aware of any information that has not bee

The Exchange has sought clarification from the Company with respect to news item captioned "Individual investors, FPIs, LIC to be restrained from transferring shares of Gitanjali Gems��. In this regard, Exchange has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether company

The Exchange has sought clarification from the Company with respect to news item captioned ����MCA may move NCLT to attach properties of Mehul Choksi, Nirav Modi��. In this regard, Exchange has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether company is aware of any inform

The Exchange has sought clarification from the Company with respect to news item captioned ����Enforcement Directorate has lined up more assets to be attached from Mehul Choksi and Nirav Modi��. In this regard, Exchange has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether

The Exchange has sought clarification from the Company with respect to news item captioned ��Jewellery Export Council may Cancel Firestar, Gitanjali Gems' membership��. In this regard, Exchange has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether company is aware of any in

The Exchange has sought clarification from the Company with respect to news item captioned ����Former Gitanjali Gems MD claims Mehul Choksi sold overpriced and fake diamonds��. In this regard, Exchange has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether company is aware o

The Exchange has sought clarification from the Company with respect to news item captioned ��NB fraud: ED summons Nirav Modi, Mehul Choksi��. In this regard, Exchange has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether company is aware of any information that has not been

The Exchange has sought clarification from the Company with respect to news item captioned ����Fresh FIR against Gitanjali Group��. In this regard, Exchange has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether company is aware of any information that has not been announced

The Exchange has sought clarification from the Company with respect to news item captioned ��ED raids offices of Nirav Modi, PNB and Gitanjali gems��. In this regard, Exchange has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether company is aware of any information that has

The Exchange has sought clarification from Gitanjali Gems Limited with respect to recent news item captioned "Big jewellers Gitanjali, Ginni, Nakshatra under scanner". In this regard, Exchange have advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether you/company are aware of any information that has not been announced to the Exchanges which could explain the aforesaid movement in the trading. The response from the company is awaited.

The Exchange had sought clarification from the Company with respect to news item captioned ��Mahesh Bhupathi, Lara Dutta file insolvency case against Gitanjali Gems��. In this regard, Exchange has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether company is aware of any inf

The Exchange has sought clarification from the Company with respect to news item captioned ��Mahesh Bhupathi, Lara Dutta file insolvency case against Gitanjali Gems��. In this regard, Exchange has advised the Company to provide clarification/confirmation on the news item in detail including the following: a) Whether such event/negotiations/article stated in published news were taking place? If so, you are advised to provide the said information along with the sequence of events in chronological order and the material impact of this article on the Company. b) Whether company is aware of any inf

Significant increase in volume has been observed in Gitanjali Gems Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written to the company. Gitanjali Gems Limited has submitted their response.

Significant increase in volume has been observed in Gitanjali Gems Limited. The Exchange, in order to ensure that investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written to the company. The response from the company is awaited.

News Verification : The media had reports that world's largest luxury conglomerate, LVMH, may pick up stake in the Gitanjali Gems Limited's proposed subsidiary. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Gitanjali Gems Limited has vide its letter inter-alia stated,"We would like to clarify that the news is a mere speculation in nature and the Company has neither decided nor has confirmed anything in this rega

News Verification : The media had reports that Gitanjali Gems Limited may acquire a leading US based jewellery retailer for around $100 million. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Gitanjali Gems Limited has vide its letter inter-alia stated,"As of date Gitanjali has not yet finalized any new acquisition in the US. While the Company is actively seeking for retail acquisitions in the US and other countri

News Verification : The media had reports that Gitanjali Gems Limited is close to accquiring two overseas companies in the US and China. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Reply is awaited from Gitanjali Gems Limited

News Verification : The media had reports that Gitanjali Gems Limited is close to accquiring two overseas companies in the US and China. The Exchange, in order to verify the accuracy or otherwise of the information reported in the media and to inform the market place so that the interest of the investors is safeguarded, had written to the officials of the company. Gitanjali Gems Limited has vide its inter-alia stated,"While it is true , and common knowledge, that the company is actively seeking for retail acquisitions in the US and China as well as in India, its is still in the process of stud