Announced Sat, 7 Jun · 23:08 IST

Notice of 27th Annual General Meeting and Annual Report for the financial year ending December 31, 2024

Board & Shareholder Meetings View source PDF

IGIL · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

International Gemological Institute (India) Limited (IGI) has notified BSE and NSE of its 27th Annual General Meeting scheduled for Monday, June 30, 2025, at 11:00 a.m. IST, to be held via video conferencing. The cut-off date for shareholders to be eligible for remote e-voting and e-voting at the AGM is June 23, 2025. The company is also submitting its Annual Report for CY 2024. Key financial highlights from the Annual Report: turnover grew 17% to Rs. 10,532 million, EBITDA rose 21% to Rs. 5,997 million, and profit after tax increased 29% to Rs. 4,273 million. PAT margin expanded from 37% to 41%, with the company maintaining zero financial leverage and a net cash-positive balance sheet. IGI issued 10.5 million certification reports in 2024, commands approximately 50% market share in India and 33% globally, and leads lab-grown diamond certification with 65% global market share. Market capitalisation as on December 31, 2024 stood at Rs. 23,937.33 crores.

Likely market impact

This is a routine regulatory filing related to the AGM, not an event that directly moves the stock. However, it gives shareholders a clear window to review CY 2024 results, which show strong revenue and profit growth alongside improving margins — supportive indicators for shareholder confidence. Investors should watch for any resolutions (dividend, related-party transactions, auditor appointments) detailed in the AGM notice.