Gitanjali Gems

Tuesday, Apr 23, 2024 | Last Update : 11:09 PM IST

As many as 11 companies including Videocon Industries and Gemini Communication will be shifted to the restricted trading category from September 3 for not complying with listing rules related to shareholding disclosures.

Videocon, 10 others to move to restricted trading segment from September 3

The move is part of the surveillance review to ensure market safety and safeguard interest of investors.

27 Aug 2018 7:26 PM

Markets regulator Sebi will consider penal action against Punjab National Bank and Gitanjali Gems after completion of its probe into suspected trading and disclosure related issues in the matter of over Rs 14,000 crore banking fraud, senior officials said.

Sebi to consider penal action against PNB, Gitanjali Gems

Sebi last week issued a warning letter to PNB for delaying disclosures to stock exchanges about the fraudulent transactions.

20 May 2018 12:24 PM

Fresh chargesheet names Mehul Choksi, PNB ex-MD

An LoU is a guarantee given by an issuing bank to Indian banks having branches abroad to grant short-term credit to the applicant.

17 May 2018 12:12 AM

Investment firm Morgan Stanley has sold 37.86 lakh shares of scam-hit jewellery firm Gitanjali Gems through open market transactions, according to a regulatory filing.

Morgan Stanley sells nearly 38 lakh shares of Gitanjali Gems

The share price of Gitanjali Gems on Friday closed at Rs 3.84.

11 May 2018 6:35 PM

A consortium of 21 banks had first extended working capital loan to it in 2010-11.

NPAs to rise by Rs 8,000 crore

Gitanjali, among others, is the major account which has turned bad in the Q4 of FY18.

16 Apr 2018 12:43 AM

Advocate Sanjay Abott, appearing for Gitanjali Gems, sought direction to quash the Enforcement Directorate's move of seizing the firm's moveable properties. (Photo: File)

PNB fraud case: Delhi HC seeks ED’s reply on plea by Mehul Choksi’s firm

The court said it will hear the matter along with a similar pending plea of billionaire Nirav Modi's firm Firestar Diamond on April 11.

06 Apr 2018 2:03 PM

Choksi said he was unable to travel to India due to his persisting health condition. (Photo: File)

Totally defenceless due to exaggerated allegations, says Mehul Choksi

Clarifying that he was not making any excuse to travel to India, Choksi claimed that his passport is suspended.

20 Mar 2018 3:03 PM

This is the 15th straight session of fall for the stock.

Gitanjali Gems falls 5 per cent, hits fresh 52-week low

On NSE, the stock fell to a 52-week low of Rs 17.40.

07 Mar 2018 10:38 AM

Choksi and Modi got issued LoUs and FLCs of Rs 12,636 crore in favour of foreign branches of Indian banks based on fraudulent claims.

Gitanjali Gems falls 5 per cent to hit 52-week low

Gitanjali Gems has lost as much as 70 per cent since February 14, the day the PNB fraud came to light.

05 Mar 2018 12:35 PM

CBI on Tuesday said PNB has informed the investigating agency that further scam of Rs 1,251 crores has been detected with respect to Gitanjali Gems. (Photo: File)

Further scam of Rs 1251 cr detected in Gitanjali Gems, PNB informs CBI

CBI is now probing Rs 12,636 crore which is (Nirav and Gitanjali) PNB scam, up from Rs 11,421 crore.

27 Feb 2018 5:32 PM

The agency has also summoned Modi, Ami and Modi's uncle and Gitanjali Gems promoter Mehul Choski for questioning in the case on February 26. (Photo: Nirav Modi website)

PNB fraud case: ED attaches 21 properties of Nirav Modi worth Rs 523 cr

With the latest action, the total assets seized by the ED in this case are now over Rs 6,393 crore, officials claimed.

24 Feb 2018 2:32 PM

The stock tumbled 9.85 per cent to Rs 27.45 -- its lower circuit -- on BSE today.

Gitanjali Gems hits lower circuit; tanks over 56 pc in 6 days

On NSE, shares of the company declined 9.86 per cent to Rs 27.40, its lower price band.

21 Feb 2018 1:33 PM

Tax wing attaches bank A/Cs of Rotomac Group

The department has recently attached bank accounts and other assets of Choksi and the Gita-njali Group.

21 Feb 2018 2:44 AM

Compliance officer and company secretary Pankhuri Warange cited the ongoing investigation of a Rs 11,400 crore scam as trigger to her ‘conscious’ stand to resign. (Photo: File)

2 top Gitanjali Gems’ officials quit, says ‘conscience doesn't permit to continue’

The two senior employees of Gitanjali Gems announced their resignations in a stock market filing.

19 Feb 2018 6:21 PM

The stock tumbled 9.99 per cent to Rs 33.80 -- its lower circuit limit -- on BSE. (Photo: PTI | File)

Shares of Gitanjali Gems continue to fall for 4th session; down 10 per cent

Four big jewellers -- Gitanjali, Ginni, Nakshatra and Nirav Modi -- are under scanner.

19 Feb 2018 12:34 PM

The first complaint against Nirav Modi's company was filed on January 29, but he and his family had already fled the country on January 1. (Photo: File)

ED raids Nirav Modi premises, seizes Rs 5,700 Cr from 35 locations, 11 states

ED sources say they raided 35 new locations covering 11 states and seized diamond and gold worth Rs 549 crore on Friday.

16 Feb 2018 9:40 PM

Apart from Sebi and exchanges, they are being probed by CBI and Enforcement Directorate among other agencies. (Photo: PTI)

Sebi launches probe into trading, disclosure issues at PNB, Gitanjali Gems

Sebi and stock exchanges have begun analysing the stock market trade details of all entities associated with Modi.

16 Feb 2018 3:28 PM

Some of other jewellery stocks also witnessed similar fate with PC Jeweller slumping 19.50 per cent to Rs 303.00, Tribhovandas Bhimji Zaveri 4.32 per cent to Rs 110.60. (Photo: PTI)

Jewellery stocks take a hit after PNB fraud; Gitanjali Gems tanks over 18 pc

Stock opened on a bearish note at Rs 48, then lost further ground to touch a low of Rs 47.50, down 18.94 pc over its previous closing price.

15 Feb 2018 11:07 AM

1 of 1

Columns

Aakar Patel

gitanjali gems