Subsidiary8 Sept 2026, 09:24 am
IGI Botswana Becomes Wholly Owned Subsidiary
AI Summary
International Gemological Institute Ltd announced the completion of the consolidation of control over International Gemological Institute (Botswana) Proprietary Limited ("IGI Botswana"). This transaction, finalized on September 7, 2026, makes IGI Botswana a wholly owned subsidiary of IGI Dubai, which is a step-down subsidiary of the Company. This move solidifies the company's control over its diamond grading and certification operations in Botswana.
Key Highlights
- Control consolidation over IGI Botswana is complete.
- IGI Botswana is now a wholly owned subsidiary of IGI Dubai.
- This enhances the company's operational control in Botswana.
- The transaction was finalized on September 7, 2026.
Price Impact
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