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gemstone and jewelleryBusiness Overview: IGII provides certification and accreditation of natural diamonds, laboratory-grown diamonds, studded jewelry and colored stones. It also offers educational programs. It started its operations in Belgium and currently has a global network of 31 branches equipped with IGI labs across 10 countries and 18 schools of...
International Gemological Institute Limited has expanded its global footprint by successfully consolidating full control of its Botswana diamond grading and certification laboratory through its Dubai step-down subsidiary, making it a wholly owned subsidiary and strengthening operational reach.
International Gemological Institute (IGIL) announced it does not qualify as a 'Large Corporate' under certain debt financing rules. With NIL outstanding borrowings, the company is exempt from mandatory debt issuance requirements and related penalties, highlighting a strong debt-free balance sheet.
Company formalizes its communication process: Key Managerial Personnel are now authorized to determine event materiality and make disclosures to stock exchanges. This ensures timely and consistent investor information.
International Gemmological Institute (India) Limited (IGIL) has authorized its Managing Director & CEO and Chief Financial Officer as Key Managerial Personnel to determine event materiality and make stock exchange disclosures, enhancing governance and information flow.
International Gemmological Institute (India) Limited (IGI) reported 17% consolidated revenue growth to Rs. 1053 Cr and a 29% rise in profit after tax to Rs. 427 Cr for FY24. Grading reports increased 26%, with lab-grown diamonds driving 30% revenue growth, signaling strong market adoption. IGI remains debt-free with cash reserves...