Flawless Diamond receives Export order to "AUM Jewellery Collection" for its Designer Jewellery

Flawless Diamond India Ltd has announced that the Company’s newly launched Classic and Designer Jewellery of "AUM Jewellery Collection" has received very encouraging response from European Market. The Company received its first launching order of INR 178 Million from Samdiam Trading Ltd, Switzerland. This Designer Jewellery specially launched in keeping the festive season of Christmas. The Company's newly launched Designer Studio has created the Design of this Designer Jewellery.

The Company is going to launch more series of Classic and Exclusive Designer Jewellery very soon. Further Company is entering into retail segment for retailing its own Designer branded and non branded Jewellery very soon.

The Company is planning to open 25 outlets before March 2007. The Company has decided to expand its product range into Diamond Studded, Platinum, Gold and Silver, with the help of its R&D Department and own Designer Studio and prefect cost effective manufacturing planning. Management believes that it has a multifold effect on bottom line of the Company from this quarter itself.

Management has decided to explore opportunities in some other line of business like real estate and construction business to increase the shareholders value.

Source : Equity Bulls

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