International Gemological Institute Limited has announced the successful completion of its acquisition of International Gemological Institute (Botswana) Proprietary Limited. This transaction, finalized on September 7, 2026, makes IGI Botswana a wholly owned subsidiary of IGI Dubai, a step-down entity of the parent company. The acquisition was a continuation of the company’s previous intimation dated August 31, 2026.
Consolidation of Control Over Botswana Subsidiary
International Gemological Institute Limited has confirmed the successful consolidation of control over its subsidiary, International Gemological Institute (Botswana) Proprietary Limited. This entity, IGI Botswana, operates as a diamond grading and certification laboratory in Botswana.
Transaction Details and Completion
The transaction involved International Gemological Institute FZCO (IGI Dubai), a step-down subsidiary of International Gemological Institute Limited, acquiring IGI Botswana. This acquisition was officially completed on September 7, 2026. Following the completion, IGI Botswana has now become a wholly owned subsidiary of IGI Dubai, further integrating it into the company’s global operational structure.
This announcement follows up on the company’s earlier intimation dated August 31, 2026, which initially informed stakeholders about the impending consolidation.
Source: BSE
