Gitanjali Gems acquisition

Gitanjali Gems Ltd has informed that in continuance of Company's policy towards strategic acquisition, Company has acquired 'Trinity Watch Company Pvt Ltd' through its wholly owned subsidiary Gitanjali Lifestyle Ltd.

Further the Company has informed that, the 'Trinity Watch Company Pvt Ltd' is engaged in the business of sale of watches under its registered premium brand 'Iris'. The Company also distributes various international watch brands under license from various principals.