BSE Live
Oct 24, 16:01Prev. Close
1.48
Open Price
1.41
Bid Price (Qty.)
1.48 (179434)
Offer Price (Qty.)
0.00 (0)
NSE Live
Oct 24, 15:49Prev. Close
1.44
Open Price
1.44
Bid Price (Qty.)
1.44 (15300)
Offer Price (Qty.)
0.00 (0)
Our Company was incorporated on November 5, 1990 as Goenka Exports
Private Limited, a private limited
company under the Companies Act. With effect from July 1, 1997, our
Company became a deemed public
company by virtue of section 43(A) of the Companies Act and ceased to
be a private company.
Subsequently by a shareholders resolution dated January 29, 2002, our
Company became a public company
and a fresh certificate of incorporation, in the name of Goenka
Exports Limited was issued by the Registrar
of Companies, Rajasthan, situated at Jaipur (the RoC) on January 30,
2002. The name of our Company was
changed to Goenka Exports Private Limited following a special
resolution in the extraordinary general
meeting held on November 29, 2004 and a fresh certificate of
incorporation was issued by the RoC on
December 10, 2004. Our Company changed its name to Goenka Diamond and
Jewels Private Limited
pursuant to a special resolution at the extraordinary general meeting
held on March 21, 2008. A fresh
certificate of incorporation was issued by the RoC on March 27, 2008.
By a resolution dated April 15, 2008,
our Company was converted into a public limited company and its name
was changed to its present name
Goenka Diamond and Jewels Limited. A fresh certificate of
incorporation was issued by RoC on May 15,
2008 consequent to change of name on conversion to public limited
company.
Our Company is promoted by Mr. Nand Lal Goenka who has over 40 years
of experience in the gems and
jewellery business and his sons, Mr. Navneet Goenka and Mr. Nitin
Goenka.
Our Company is in the business of cutting and polishing of diamonds
and manufacturing and retailing of
diamond jewellery. We were initially in the business of export of
coloured stones and have since then
expanded into diamond trade in 1994 and manufacturing of diamond
studded jewellery in 2003. Our
manufacturing activity was boosted in 2006 after we established our
own diamond processing unit at SEZ in
Surat for processing of rough diamonds. In 2007, we also set up a
facility for processing of rough diamonds
in Mumbai to cater to the local market and for manufacturing diamond
jewellery. We scaled up our diamond
jewellery operations by establishing a dedicated manufacturing
facility in Mumbai and launched our first
jewellery retail store in July 2008.
For details with respect to description of activities, services,
products, market of each segment, the growth of
the Company, exports and profits due to foreign operations together
with the country wise analysis, the
standing of the Company with reference to prominent competitors with
reference to its products,
management, major suppliers and customers, segment refer section
titled Our Business on page 66.
Changes in the Registered Office
Since incorporation, our registered office has been situated at 401,
Panchratana, Moti Singhbhomiyon Ka
Rasta, Johari Bazar, Jaipur- 302003, Rajasthan, India.
Major Events and Milestones
Calendar Year Events
1994 Corporate office established in
Mumbai
2002 Entered into diamond cutting and
polishing business
2003 Commenced manufacturing of diamond
studded jewellery
2006 A state of art factory for cutting
and processing diamonds was started in a Special Economic
Zone unit at Sachin, Surat
2007 Commenced jewellery manufacturing and
diamond cutting and production unit at
Goregaon, Mumbai
Two Star Export House
accreditation awarded by the Ministry of Commerce
2008 Acquired M. B. Diamonds LLC
ISO 9001:2000 certification
Launched G WILD and CERES
jewellery brands
Set up exclusive G WILD retail
stores
2009 Set up exclusive CERES retail store
2010 Goenka Diamond and Jewels IPO to open
on March 23.
Goenka Diamond earmarks Rs 100 cr
for expansion
2011 Goenka Diamond And Jewel's Product won
IJ Jewellers Choice Design Awards 2011.
Goenka Diamond payment of
dividend of Re. 1/- per equity share of Rs. 10/- each, subject to the
approval of the shareholders of the Company.
2012
-oenka Diamond Appointed Ms. Rashmi Omprakash Savita as the Company
Secretary and Compliance Officer of the Company.
-oenka Diamond recommended 10% Final Dividend for the Financial Year
2011-12.
-Company has splits its Face value of Shares from Rs 10 to Re 1
2013
-Goenka Diamond & Jewels Ltd has recommended 10% Final Dividend.