Orosil Smiths India Share Price

Orosil Smiths India Limited was initially incorporated as Silver Smith India Limited on June 1, 1994. The Company renamed to Orosil Smiths India Limited in 2013. The Company engages in the manufacturing, fabrication, sale, purchase, trading/dealing in all kinds of Gold, Silver, Silver Ornaments/Utensils and all other items of Gold, Silver and allied business.Orosils innovative designs and high class manufacturing facilities bring the elusive gold and silver jewelry within the reach of the common man. It has two distinct jewellery brands under it, Sincere Kuhjohl. Sincere has fashioned fine quality 14k gold jewellery made with Swarovski Zirconia (Signity) and 18k gold jewellery studded with diamonds and gemstones for its customers. Kuhjohls jewellery collection on the other hand is crafted in sterling silver with Swarovski elements a distinct fusion of both tradition as well as modern. The company set up a fully automated and integrated manufacturing facilities for processing raw silver and gold into valueadded jewellery items, with an installed capacity of 15,000 kg of silver jewellery and 3000 kg of gold jewellery. The project is located at Noida, Uttar Pradesh. The company proposes to import the bulk of its equipment from Italy, Germany and Japan. The Company enjoys huge intellectual support from the premier institution Jewellery Design Technology Institute (JDTI) which is in turn supported by World Gold Council and promoted by the IndoGerman export promotion project.In Feb.96, the company issued 29,89,800 equity shares of Rs 10 each for cash at par aggregating Rs 298.98 lac, to partfinance its project. It opened a retail showroom with the brand name NICHE at New Delhi in 2005.The Company altered its Memorandum of Association in the annual general meeting held on September 30, 2019, to expand its operations in the textile sector, however, the operations under the said sector has not been started yet. The Company has registered its Trademark mingALL under class 25 for trading of Apparels, Footwear and Headgear.