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Utssav CZ Gold Jewels LimitedImportant, 01-08-2025: Adoption of new line(s) of business

01-08-2025 | 04:51 pm

Utssav CZ Gold Jewels' Board has approved a strategic expansion into new product segments for its jewellery manufacturing. The company will now produce plain gold casting, natural diamond, and lab-grown diamond jewellery. This move significantly enhances the product portfolio. Management anticipates this diversification will improve overall profit margins due to the higher value addition and better margin profile of diamond-studded products. The strategy aims to attract a broader customer base, potentially driving long-term value creation for shareholders.

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