April 18, 2008

Flawless receives orders worth $10M


by Jo Black

Flawless Diamond India Ltd has informed Bombay Stock Exchange (BSE) that the Company has received Two Prestigious Order for its newly launched Designer Jewellery.

First Order received from Diambel N.V., Belgium for its AUM Signature and AUM Star Series of Designer Jewellery worth Rs 192 million ($4.9 million). Second Order received from Malay Impex, Hong Kong for its AUM Ethereal and AUM Galaxy Series of Designer Jewellery worth Rs 234 million ($ 6 million).

This order should be completed within 120 days. This is very Prestigious Order for the Company because first time the Company has explored Belgium and Hong Kong Market for its Designer Diamond Studded Jewellery. These are very big and lucrative market for Company’s product.

The management believes that Company’’s policy for delivering best quality product within given time frame with exclusive design will help the Company to establish in this market and explore successfully.

Further, Company has its own exclusive 19 Retail Outlet and many more to open. Company has tie-up with many number of traditional jeweler across the India and internationally also.

Story link: Flawless receives orders worth $10M



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