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Rajesh Exports, the jewellery exporter and retailer has said that its board will be meeting next month for considering an acquisition in the Middle East for the purpose of expansion of its global footprint.
It said in a BSE filing that the Board of Directors will meet on June 13, 2016 to mull an acquisition in the Middle East.
It further added that “the acquisition has been proposed to further expand the global footprint of the company in the same line of business after the successful acquisition of Valcambi, Switzerland-based world’s largest gold refinery.”
Though the name of the target company has not been disclosed by it.
