Gitanjali Gems buys Nakshatra brand

17 08 2010
MUMBAI: Jewellery firm Gitanjali Gems Ltd said on Monday its unit bought the Nakshatra brand from Diamond Trading Co, the rough diamond distribution arm of De Beers.

In a separate statement, it also said it bought diamond and jewellery manufacturer and distributor Brightest Circle Jewellery Pvt Ltd.

Financial details of the transactions were not available immediately.

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