Indian Global Trade Company Secures Rs 251 Crore Order, Hits Upper Circuit & Announces 8:10 Bonus!
Company Expands Global Footprint with High-Value Orders in Precious Stones and Metals
BGDL’s wholly-owned subsidiary in Dubai has successfully secured multiple high-value orders for processing and supplying precious stones, including diamonds, rubies, emeralds, and sapphires. The total value of these orders is approximately AED 109 million, which translates to Rs 251 crores. The subsidiary will also refine and supply precious metals such as gold and palladium to global clients.
Order Value and Expected Profit
The company anticipates a profit margin of 10-12 per cent upon successful execution of these orders in the coming months.
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Growth Potential for the Subsidiary
This achievement highlights BGDL’s growing presence in the global precious stones and metals markets. It reflects the increasing trust of international clients in the subsidiary's capabilities and its ability to deliver high-quality products.
Strategic Alignment with Long-Term Goals
The orders support BGDL’s strategic vision to expand its footprint in high-value sectors. Successful execution of these contracts is expected to enhance the company’s overall growth trajectory and contribute positively to its profitability.
bonus Shares and Equity Subdivision Announcement
In a separate announcement, BGDL declared a bonus share issue in the ratio of 8:10, along with a subdivision of equity shares in the ratio of 1:10. This move is in line with the company’s efforts to increase shareholder value and maintain a robust market position.
About BGDL
BGDL specializes in sourcing, importing, and exporting a diverse range of products across various industries such as textiles, agriculture, fertilizers, gemstones, and consumer goods. The company’s expansion into the precious stones and metals market is expected to add substantial value to its operations in the long term.