International Gemmological gains as its arm gets nod to incorporate WOS in Kingdom of Saudi Arabia
International Gemmological Institute (India) is currently trading at Rs. 333.50, up by 3.50 points or 1.06% from its previous closing of Rs. 330.00 on the BSE.
The scrip opened at Rs. 330.70 and has touched a high and low of Rs. 333.50 and Rs. 328.15 respectively. So far 9542 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 455.10 on 21-Feb-2025 and a 52 week low of Rs. 282.00 on 12-Mar-2025.
Last one week high and low of the scrip stood at Rs. 333.95 and Rs. 320.30 respectively. The current market cap of the company is Rs. 14395.24 crore.
The promoters holding in the company stood at 76.55%, while Institutions and Non-Institutions held 15.05% and 8.39% respectively.
International Gemmological Institute’s (India) step-down wholly owned subsidiary -- International Gemological Institute FZCO has received approval for the incorporation of a wholly owned subsidiary (WOS) in the Kingdom of Saudi Arabia.
Accordingly, the incorporated entity will become a WOS of International Gemological Institute FZCO and step-down WOS of IGI Netherlands BV and the Company. The principal business of the entity to be incorporated will be to provide diamond, gemstone, and studded jewelry certification services, along with educational programs in gemology. The Board of Directors of International Gemological Institute FZCO, at its meeting held on February 16, 2026, has inter-alia approved the same.
