PNGS Reva Diamond Jewellery offers different
types of jewellery using diamonds, precious and semi-precious stones, which are
studded into precious metals such as gold and platinum.
P. N. Gadgil & Sons, its corporate promoter,
divested its diamond business through a slump sale to PNGS Reva Diamond
Jewellery under a business transfer agreement (BTA). Following this
transaction, PNGS Reva Diamond Jewellery operates as a separate entity in the
diamond jewellery segment.
Pursuant to the BTA, dated January 31, 2025,
inventory of Rs 162.7 crore and gratuity liability related to diamond business
of Rs 0.46 crore were transferred from P N Gadgil & Sons to PNGS Reva
Diamond Jewellery.
The product offerings include rings, earrings,
n...
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(22-Feb-26 11:23)
Shree Ram Twistex
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