Gitanjali Gems Ltd has informed that the Company has entered into Memorandum of understanding with India's one of leading international, trading Company, MMTC Ltd, with a view to form a joint venture by way of jointly investing, establishing and operating a joint venture Company.
The primary objective of the proposed joint venture Company would be to carry on the business of establishing, acquiring, developing, managing and maintaining jewellery showrooms in India and carrying out such other activities as may be incidental or ancillary thereto in furtherance of the Business of the Company.
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