Bankruptcy court orders liquidation of Mehul Choksi-promoted Gitanjali GemsThe company was originally admitted under the Corporate Insolvency Resolution Process (CIRP) in October 2018. It has admitted liabilities o...
08 Feb, 2024, 10.58 PM IST
NCLT orders winding up Nakshatra World, a Mehul Choksi companyThe ruling came on an insolvency petition ICICI Bank filed around two years ago against the company, which was also allegedly involved in a...
29 Jun, 2021, 09.52 AM IST
"Missing" Mehul Choksi has stay in his favour from Antigua Court on processing of extradition request: CounselConfirming the development his lawyer Vijay Aggarwal told ET “His missing reports are genuine as otherwise there was no legal risk to Mehul...
25 May, 2021, 09.20 AM IST
PNB Bank fraud: ED further attaches properties of Mehul ChoksiThe attached assets are in the form of immovable properties comprising of a flat admeasuring 1460 sq. ft at O2 Tower, located at Goregaon, ...
04 Feb, 2021, 05.15 PM IST
Gitanjali Gems headed for liquidationOn October 2018, Mumbai bench of National Company Law Tribunal (NCLT) had admitted the insolvency plea filed by ICICI Bank.
17 Apr, 2019, 08.41 AM IST
Nirav Modi scam: Government seeks more time to file progress reportThe ministry asked for more time from the National Company Law Tribunal (NCLT) to submit the progress report on the investigations.
04 Apr, 2019, 07.46 PM IST
Lenders back government takeover of Nirav Modi & Gitanjali companiesSources in the corporate affairs ministry said that the government was not keen on taking over the companies as this would result in the Ce...
26 Feb, 2018, 10.48 AM IST
SC allows NSCCL to sell Gitanjali Gems shares pledged by Prime BrokingSupreme Court has allowed NSCCL to sell Gitanjali Gems shares pledged by Prime Broking to the bourses as margins for its prop trading.
14 Oct, 2015, 10.43 AM IST
Gitanjali Gems defers repaying NCDs amidst cash crunchOn Saturday, Gitanjali Gems, in its filings to the exchanges, said that the NCD worth Rs 2.44 crore has been "rephased".
03 Jun, 2015, 10.29 AM IST
Bombay High Court directs Gitanjali chief Mehul Choksi not to sell Alibaug propertyBombay HC directed Mehul Choksi, chairman of Gitanjali Gems, not to sell or transfer his 4.19-acre Alibaug property.
09 Oct, 2013, 03.25 AM IST
Gitanjali Gems promoters reject board’s 30% dividend planThe promoter family 55% of Gitanjali’s capital, voted 100% against the resolution to declare dividend even as institutional shareholders vo...
03 Oct, 2013, 04.30 AM IST
Gitanjali Gems seeks Rs 1,000 crore more in loans from banksBanks have an exposure of Rs 4,500 crore to the Gitanjali group, and two-thirds of it is to Gitanjali Gems, the flagship company that owns ...
02 Sep, 2013, 04.30 AM IST
Debt-laden Gitanjali Gems seeks Rs 1,000 crore lifeline from banksBanks financing Gitanjali’s gold imports were extending letter of credit (LC) facilities, which in banking parlance is non-fund finance.
30 Aug, 2013, 12.00 PM IST
LIC's investment in Gitanjali Gems under scannerFilings by Gitanjali Gems show that LIC’s stake rose from 1.95% as on end September 2012 to 4.9% in end June 2013.
27 Jul, 2013, 02.07 PM IST
Care lowers Gitanjali’s rating, places it on credit watchThe rating on long term loan of Rs 3188 crore is lowered to BBB- and short term loan of Rs 2645 crore of Gitanjali Gems to A3.
07 Jul, 2013, 07.20 AM IST
- Stocks excluded from NSE's derivatives segment likely to trade weak
Shares of Gitanjali Gems, Great Offshore, and KS Oils may trade weak as these stocks will be excluded from NSE's derivatives segment.
21 Nov, 2011, 01.28 AM IST
- Gitanjali pulls out of bid to buy US jewellery co
Jewellery maker Gitanjali Gems has pulled out of the race to buy US-based jewellery retail chain Whitehall due to differences on prices. Re...
29 Aug, 2008, 08.30 AM IST