INDIAN JEWELLER

Lenders serve legal notices on Winsome Diamonds

Notices sent by at least three public sector banks for recovery of loans

Post By : IJ News Service On 17 January 2014 4:48 PM
A meeting recently took place between Lazare Kaplan International (LKI) chairman Maurice Tempelsman and IDE president Avi Paz in Ramat Gan, involving discussions on LKI’s future plans of importing rough diamonds into Israel, moving a large section of its polishing business to Israel and opening an office in Ramat Gan. %% Reports add that Paz has assured support from Israel’s local trade towards LKI’s local operations of rough and polished diamonds. The news of LKI shifting some of its operations to Israel followed by Antwerp Diamond Bank’s (ADB) terminating two credit facilities of LKI’s Antwerp subsidiary, with $43 million outstanding, reports say. %% LKI is also working towards once again gaining compliance with the New York Stock Exchange (NYSE), having delayed the December 31 deadline of filing its annual report for fiscal 2009. The company has sought another five-month extension, reports say.

Be the first to comment

Leave a comment

Spotlight News

New-Age Gold Balances Wearability with Subconscious Investment Value

  • Market Report - 13 April 2026 10:57 AM

GJS April 2026 to Open with Chandrashekhar Bawankule; GJC Unveils ‘Akshay Kala’ Theme

  • Associations and Trade Bodies - 03 April 2026 8:49 AM

Couture India Show 2026 Scheduled for September 26–28, in New Delhi

  • Fair Reports - 26 March 2026 11:44 AM

IIJS Bharat Tritiya 2026 -- A Shift Towards Cautious Optimism

  • Associations and Trade Bodies - 24 March 2026 4:17 PM

IIJS Bharat Tritiya 2026 Opens Doors to Trade Buyers in Bengaluru

  • Associations and Trade Bodies - 21 March 2026 6:29 PM

Email Alerts

WhatsApp Alerts