DIL Declares Divident

Diamond India Limited (DIL)
Declares divident of 50% to it’s shareholders.

Annual General Meeting of Diamond India Limited was held on 13 September 2019 at Bharat Diamond Bourse Convention Hall. The Chairman Mr. Praveen Shankar Pandya briefed the shareholders about the financial results of the company for the FY 2018-19. He mentioned that the company has been able to garner 30% market share in Supply of Gold & Silver to the exporters.
The company has navigated adverse market conditions to clock good results with a PBT of INR 15.62 Crores, and declared a dividend of 50% to its Shareholders who cheered the decision.
DIL is incorporated by about 50 Diamontaires from india.
Main object of company is to procure Rough Diamonds. Later DIL ventured into Bullion business and has become the top bullion supplier in India other then banks.
Winning awards for Best Nominated Agency for import of Precious metals for Past 4 years in a row!!!!