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Rajesh Exports bags Rs 929 crore export order from UAE

The order for gold and diamond-studded jewellery and medallions will be executed from the company's unit in Bengaluru. 

Published: 29th December 2016 11:51 AM  |   Last Updated: 29th December 2016 11:51 AM   |  A+A-

Gold imports have declined 59 percent

A jewellery showroom in Kolkata. (File Photo | Reuters)

By PTI

NEW DELHI: Jewellery firm Rajesh Exports today said it has won a Rs 929-crore export order from the United Arab Emirates.

In a BSE filing, Rajesh Exports said it "has bagged an export order worth Rs 929 crore of designer range of gold and diamond-studded jewellery and medallions from the UAE".

This order will be executed from its manufacturing facility in Bengaluru and is to be completed by March 2017, the company said.

Shares of the company were trading 2.38 per cent up at Rs 462.10 apiece on BSE



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