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Asian Star Company Ltd logo

Asian Star Company Ltd

NSE: BSE: 531847

₹677.75

(0.17%)

Sat, 14 Feb 2026, 05:03 pm

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Company History

1971

  • Asian Star Company was registered as a partnership firm by the Shah family and Kothari family.

1990

  • The company amicably separated the business with the Kothari family and continued its business in diamonds.

1991

  • The company obtained NOC/Clearance Orders from the Pollution Control Board of Gujarat for the Surat facility.
  • The company received the National Export Award and Certificates of Merit from the Ministry of Commerce.
  • The company was awarded the highest exports from Gem and Jewellery Export Promotion Council under the Non-DTC category for the year 1991-92 and 1992-93.

1993

  • The company was reconfirmed as a Sightholder by DTC.

1994

  • The company secured 31st position among the top 100 exporters in India for the year.

1995

  • The company was registered as a public limited company under part IX of the Companies Act.
  • The company entered into a contract with M/s. Rahil Agencies to process rough diamonds at its factories.
  • The company was formed by registration of the partnership firm previously known as Asian Star Company into a limited company.

1996

  • The company entered the capital market with a maiden public issue of 26,70,000 equity shares.

1997

  • The company closed its branch offices at Hong Kong and New York.
  • The company incorporated a wholly owned subsidiary company under the name of Asian Star Company Limited at New York, U.S.A.

1998

  • The company's equity shares were delisted from Ahmedabad Stock Exchange.
  • The company proposed to increase the limits as stipulated in the resolution to meet the working capital.
  • The company witnessed a modest rise of 6% over the previous year in the Indian Diamond Industry.
  • The company was awarded ISO: 9002 certification by RWTUV, ESSEN, West Germany.

2003

  • The company recommended a dividend of Rs 4 per share including a special dividend of Rs 2 per share.

2004

  • The company set up a plant for manufacturing jewellery.

2005

  • The company recommended a dividend of Rs. 2 per share.

2006

  • The company recommended a dividend of Rs 2 per share.

2007

  • The company recommended a dividend of Rs 2 per share on equity shares of Rs 10/- each.

2008

  • The company acquired 100% shares of Inter Gems DMCC situated at Dubai, U A E.
  • The company launched its first jewellery retail outlet named Shagun Jewels at Hyderabad.
  • Mr. Milind Gandhi was appointed as Additional Director of the Company.

2009

  • The company proposed a dividend on equity at Rs 2/- per share.

2010

  • The company recommended a dividend of Rs. 2/- per share.

2011

  • The company incorporated a Wholly Owned Subsidiary in HongKong named Asian Star Trading (Hong Kong) Limited.
  • The company recommended a dividend of Rs. 2/- per share.

2012

  • The company recommended a dividend of Rs. 1.50 per share of Rs. 10/- each.
  • The company recommended issue of Bonus Shares for the approval of shareholders in the ratio of 1:2.

2013

  • The board recommended a dividend of Rs. 1.50 per share of Rs. 10/- each.

2014

  • The board recommended a dividend of Rs. 1.50 per share of Rs. 10/- each.

2015

  • The company received Strategic Supply from De Beers.

2016

  • The company became an Approved Manufacturer of CanadaMark and Australian Diamonds.

2019

  • The company was ranked 476 in the Top 500 Corporations of India by Fortune India.

2021

  • The company was awarded Certificate of Design Excellence by the Artisan Design Jewellery Awards 2021 as winner under Victorian Jewellery Category.
  • The company was ranked 359 in India's Top 500 Companies by Dun and Bradstreet.
  • The company became an Approved Programme Participant of De Beers Code of Origin.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800