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gemstone and jewelleryBusiness Overview: IGII provides certification and accreditation of natural diamonds, laboratory-grown diamonds, studded jewelry and colored stones. It also offers educational programs. It started its operations in Belgium and currently has a global network of 31 branches equipped with IGI labs across 10 countries and 18 schools of...
IGI Limited's subsidiary IGI Dubai approved consolidating control over IGI Botswana, a diamond grading & certification lab. This makes IGI Botswana a wholly-owned subsidiary, strategically expanding the company's presence in Botswana's diamond market. No acquisition cost or turnover involved yet.
International Gemological Institute (IGIL) announced it does not qualify as a 'Large Corporate' under certain debt financing rules. With NIL outstanding borrowings, the company is exempt from mandatory debt issuance requirements and related penalties, highlighting a strong debt-free balance sheet.