The objects of the Net Proceeds (as defined below) of the Issue are:

1. Meeting Additional Working Capital Requirements

We believe that listing will give more visibility and enhance corporate image the Company. We also believe that the Company and shareholders will receive the benefits from listing of Equity Shares on the SME Platform of BSE. It will also provide liquidity to the existing shareholders and will also create a public trading market for the Equity Shares of the Company.

The Promoter of the Company is Mr. Prashant A Vora

1. Mr. Prashant A Vora : his aged 49 years, is a Promoter and Managing Director of the Company. He has been associated with the Company since incorporation and has been designated as Managing Director w.e.f. April 1, 2019. He is an under graduate. He has experience of over 10 years in trading and distribution business, equity investments and real estate and over 2 years of experience in gems and jewellery business. He is instrumental in the Company entering into the business of diamond trading, gold jewellery and precious metals. He is entrusted with the responsibility of looking after the overall management and operations, planning and implementation of the strategies of the Company. He looks after the overall administration of the business. He has been on the Board since incorporation.

Passport No: Z4753638

Driving License: MH02 20063043894

Voters ID: AVE2984243

Aadhar Card No. : 569098462960

Address: 5 / D, Rajratan Palace - II Shanker Lane, Kandivali (W) Mumbai – 400067, Maharashtra, India.