Nanavati Ventures Ltd Share Price

Summary

The Company was originally incorporated as Nanavati Ventures Private Limited under Companies Act, 1956 vide Certificate of Incorporation dated August 10, 2010 issued by Assistant Registrar of Companies, Gujarat, Dadra and Nagar Haveli. The name of the Company changed from Nanavati Ventures Private Limited to Nanavati Ventures Limited pursuant to Special Resolution passed by the Shareholders at its Extra Ordinary General Meeting held on July 30, 2020 and a fresh Certificate of Incorporation dated August 14, 2020, consequent upon conversion from Private Company to Public Company was issued by the Registrar of Companies, Ahmedabad. Mrs. Kashmira Hemantkumar Nanavati, Mr. Shreykumar Hasmukhbhai Sheth and Ms. Vaishnavi Hemantkumar Nanavati are Promoters of the Company. The Company is primarily engaged in trading of diamonds majorly in Surat, Gujarat. The Company operations include sourcing of polished and uncut diamonds from primary and secondary source suppliers in the domestic market and sale of diamond to the retail and wholesale operations in Gujarat. The Company primarily sell diamonds to a customer base spread across domestic markets that includes various jewellery manufacturers, large department store chains, retail stores and wholesalers. The Company procure the rough and unpolished diamonds in several sizes and shapes from the suppliers and then the processing and polishing of rough gemstone is done by skilled workers on job-work basis. Apart from this, the Company has in
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