International Gemmological Institute (India) Limited has informed the Exchange regarding 'Notice of 27th Annual General Meeting and Annual Report for the financial year ending December 31, 2024'.
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IGI has notified the stock exchanges that its 27th Annual General Meeting will be held on Monday, June 30, 2025, at 11:00 a.m. IST via video conferencing. The cut-off date to determine shareholder eligibility for remote e-voting and e-voting at the AGM has been fixed as June 23, 2025. Along with the AGM notice, the company has released its Annual Report for CY 2024, which was sent to shareholders via email and is also available on its investor website. Key financial highlights from the report include turnover of Rs. 10,532 million (17% growth), EBITDA of Rs. 5,997 million (21% growth), and Profit After Tax of Rs. 4,273 million (29% growth). The company also reported a market capitalisation of Rs. 23,937.33 crores as on December 31, 2024, with zero financial leverage and a net cash-positive balance sheet.
This is a routine regulatory filing informing shareholders about the AGM schedule and providing access to the annual report. The strong financial performance, leadership in lab-grown diamond certification (65% global share), and net cash-positive position reinforce IGI's fundamentals for shareholders heading into the AGM.