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Rajesh Exports bags export order worth Rs 1780 cr from UAE

By Religare

Bengaluru-based jewellery exporter, Rajesh Exports Ltd (REL) said that it has bagged an export order worth Rs 1,780 crore from UAE-based Jamcelat Jewellery.

The order is for supply of designer range of gold and diamond studded jewellery and medallions, and is scheduled to be completed by March 31, 2015, the company said in a filing to the Bombay Stock Exchange.

This order will be executed at the company's manufacturing facility at Bengaluru, which is spread over 12 acres.


The facility has an installed capacity to process 250 tonnes of jewellery per annum. REL also makes handmade jewellery blending with technology at this unit, the statement added.

Meanwhile, shares of the company were trading at Rs 162.00 a piece, up 14.21 per cent from the previous close at 12:05 on BSE.

Story first published: Monday, January 19, 2015, 23:00 [IST]
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