December 14, 2016 / 1:17 PM / 9 months ago

BRIEF-Gitanjali Gems unit Nakshatra World to raise funds via IPO

Dec 14 (Reuters) - Gitanjali Gems Ltd

* Gitanjali Gems Ltd says intimation of proposed initial public offer by Nakshatra World Limited, wholly owned subsidiary of the company

* Gitanjali Gems Ltd - unit Gitanjali Brands decided to raise funds through IPO of equity shares for an overall amount of not exceeding INR 6.50 billion Source text - (bit.ly/2hl4oKe) Further company coverage:

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