Brief: Gitanjali Gems unit Nakshatra World to raise funds via IPO

Gitanjali Gems

14/12/2016 13:05

Dec 14 (Reuters) - Gitanjali Gems Ltd  GTGM.NS  
    * Gitanjali Gems Ltd says intimation of proposed initial 
public offer by Nakshatra World Limited, wholly owned subsidiary 
of the company 
    * Gitanjali Gems Ltd - unit Gitanjali Brands decided to 
raise funds through IPO of equity shares for an overall amount 
of not exceeding INR 6.50  billion 
 
Source text - (http://bit.ly/2hl4oKe) 
Further company coverage:  GTGM.NS  
 
 ((Bangalore.newsroom@thomsonreuters.com;))