Dev Labtech Venture Limited to participate in Lab-grown Diamond Exhibition-2024

Dev Labtech Venture Limited has announced that Lab‐grown Diamond Exhibition‐2024 has been organized by Labgrown Diamond Association at Sarasana in Surat in May 2024. Preparations have been started in full swing for this exhibition. A special get‐together ceremony (Snehmilan ceremony) was held for friends, manufacturers and broker friends at Manibagh Farm in Katargam, Surat, Gujarat. Vallabhbhai Lakhani, chairman of Surat Diamond Burse and many leaders including our promoter Mr. Jerambhai Donda, Chairman and Managing Director of Company has taken part in the Snehmilan ceremony. It is not an investor meet and the discussion mainly about the industry and planning about upcoming exhibition in the May, 2024. Further, there was no disclosure of unpublished price sensitive information in the discussion.

The main objective to be part of the upcoming exhibition are to increase public and industry awareness about Lab‐grown diamonds, production process, and the benefits we offer as an ethical and sustainable alternative to mined diamonds, to create platform for discussions on regulations, standards, and certifications related to lab‐grown diamonds, fostering a better understanding of the industry's compliance with ethical and environmental standards. Further, It gives immense opportunity to showcase the creative and artistic potential of lab‐grown diamonds in jewelry design, encouraging to explore new possibilities and express creativity through these sustainable gems. To be a part of exhibition can play a crucial role in enhancing reputation of the Company, and broadening its market acceptance.

Shares of Dev Labtech Venture Limited was last trading in BSE at Rs. 103.55 as compared to the previous close of Rs. 109.00. The total number of shares traded during the day was 8000 in over 4 trades.

The stock hit an intraday high of Rs. 103.55 and intraday low of 103.55. The net turnover during the day was Rs. 828400.00.

Source : Equity Bulls

Keywords

DevLabtechVenture Gems Watches Jewellery INE0NIJ01017 LabgrownDiamondExhibition2024