Asian Star Company Ltd
NSE: BSE: 531847
₹607.15
-11.50 (1.86%)
Fri, 23 Oct 2026, 06:05 am
Market Cap (in Cr)984.42
PE Ratio29.33
Dividend0.24
Commercial Services
Miscellaneous Commercial Services
24.5KAsian Star Company Ltd 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.
