Rajesh Exports (REL), the world's largest gold refiner, today said it has secured a new export order worth Rs 873 crore.
The company has received the deal from a UAE-based white label importer and expects to complete the order by June 2018, it said in a BSE filing.
The Bengaluru-headquartered company has an extensive global manufacturing and marketing network with distribution through exports, wholesale and directly to consumers by its own retail brand.
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REL refines over 35 per cent of the world's gold. Its refineries are located in Uttarakhand and at Balerna in Switzerland. It has a capacity to refine 2,400 tonne of gold per annum.
Shares of the company slipped 2 per cent to Rs 802.50 apiece on BSE.
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