Newspaper Publication of the Audited Financial Results for the quarter and financial year ended March 31, 2026
IGIL · price
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International Gemological Institute (IGI) Ltd published its audited standalone and consolidated financial results for the 15-month period ending March 31, 2026, in Financial Express and Free Press Journal on May 21, 2026, and in Navshakti on May 22, 2026. The filing also notably contains a Detailed Public Statement regarding an open offer by Mahesh Alabhal Odedra and Hiren Rambhal Odedra (Acquirers) via Amagi Media Labs Limited, to acquire up to 22,76,406 equity shares of IGI at an offer price of Rs. 51 per share, with maximum total consideration of Rs. 1,13,82,030. The offer opened on July 8, 2026 and closes on July 21, 2026. IGI's standalone financials for the 15-month period show total income of Rs. 13,197.51 million and net profit after tax of Rs. 7,214.78 million. Consolidated income stood at Rs. 16,618.80 million with net profit of Rs. 7,111.97 million.
The open offer at Rs. 51 per share, made by the acquirers through Amagi Media Labs, signals a potential change in control or significant stake acquisition in IGI. Shareholders should note the tendering window and the escrow arrangements confirmed via Kotak Mahindra Bank.