Rajesh Exports secures maiden branded Diamond Jewellery export order of Rs 116 crores from M/s. Excel Goldsmiths, UAE

Rajesh Exports Ltd has informed that the Company has bagged its maiden branded Diamond Jewellery order for Rs 116 crores from M/s. Excel Goldsmiths, Sharjah.

This is the Company's maiden export order for Diamond Jewellery. The Company has introduced nine brands of diamond jewellery. It has taken more than two and a half years of in-depth research to visualize, design, prototype and manufactures these brands.

The order is for six out of the nine brands of Diamond Jewellery manufactured by the Company. The order is for the following brands:

1. Eternal
2. Solitaire
3. I-teen
4. Ghazal
5. Aishwarya
6. Sushmita

The Diamond Jewellery is to be made by using VVS 1 G H colour Diamonds. The order is to be delivered by March 31, 2008. This order is expected to have a positive impact on the profitability of the Company.