IGI India Designates Key Personnel for Material Event Disclosures Under SEBI Regulations

1 min read     Updated on 27 Jan 2026, 06:03 PM
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Overview

International Gemmological Institute (India) Limited has notified stock exchanges about authorizing Managing Director Tehmasp Printer and CFO Eashwar Iyer as Key Managerial Personnel for determining materiality and making disclosures under SEBI Regulation 30(5). The January 27, 2026 notification ensures regulatory compliance for material event disclosures to BSE and NSE, with centralized communication through the Mumbai registered office.

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International gemmological institute (India) Limited has informed stock exchanges about the formal authorization of its Key Managerial Personnel (KMPs) to determine materiality of events and make necessary disclosures. The notification, dated January 27, 2026, was submitted to both BSE Limited and National Stock Exchange of India Limited in compliance with regulatory requirements.

Regulatory Compliance Framework

The authorization falls under Regulation 30(5) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to designate specific personnel responsible for evaluating the materiality of corporate events and ensuring timely disclosures to stock exchanges.

Authorized Key Managerial Personnel

The company has designated two senior executives as authorized KMPs for material event determination and disclosure responsibilities:

Designation Name Role
Managing Director and CEO Mr. Tehmasp Printer Primary authorized personnel
Chief Financial Officer Mr. Eashwar Iyer Secondary authorized personnel

Contact and Communication Details

For investor relations and material disclosures, the company has established centralized communication channels. The primary contact point is located at the registered office in Mumbai's Bandra Kurla Complex, with dedicated email communication through investor.relations@igi.org . The contact number 022-40352550 serves as the official communication line for regulatory matters.

Corporate Information

International Gemmological Institute (India) Limited operates as a certification authority in the gems and jewelry sector. The company maintains its registered office at 702, The Capital, Bandra Kurla Complex, Bandra (E), Mumbai 400 051. The organization was formerly known as International Gemmological Institute (India) Private Limited before its conversion to a public limited company.

Disclosure and Transparency

The company has committed to making this authorization information available on its official website at www.igi.org , ensuring transparency for stakeholders and investors. This measure aligns with corporate governance best practices and regulatory compliance requirements for listed entities on Indian stock exchanges.

IGI Reports Strong Q3 CY25 Performance: Revenue Up 21%, EBITDA Grows 20%

2 min read     Updated on 06 Nov 2025, 09:36 AM
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Overview

International Gemmological Institute (India) Limited (IGI) announced robust Q3 CY25 results with 21% YoY revenue growth to INR 3,037.00 million. EBITDA increased by 20% to INR 1,763.00 million, while PAT rose 18% to INR 1,298.00 million. Total certification volumes grew 26% YoY to 3.45 million reports. Natural Diamond segment saw 29% growth, and Lab-Grown Diamond jewelry segment grew 26%. For 9M CY25, revenue increased 15% to INR 9,094.00 million, with improved EBITDA and PAT margins. The company remains confident in delivering strong growth for the year despite macroeconomic challenges.

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International Gemmological Institute (India) Limited (IGI), a leading independent grading and accreditation services provider, has announced robust financial results for the third quarter of calendar year 2025 (Q3 CY25). The company reported significant growth across key financial metrics, demonstrating resilience in a challenging macroeconomic environment.

Financial Highlights

IGI's consolidated performance for Q3 CY25 showed impressive year-on-year growth:

  • Revenue from operations increased by 21% to INR 3,037.00 million
  • EBITDA grew by 20% to INR 1,763.00 million
  • Profit After Tax (PAT) rose by 18% to INR 1,298.00 million

For the nine months ended September 2025 (9M CY25), the company's performance was equally strong:

  • Revenue from operations grew by 15% to INR 9,094.00 million
  • EBITDA increased by 22% to INR 5,454.00 million, with margins improving from 56.8% to 60.0%
  • PAT surged by 27% to INR 3,971.00 million, with margins expanding from 39.8% to 43.7%

Operational Performance

The company's operational metrics showed significant improvement:

  • Total certification volumes for Q3 CY25 reached 3.45 million reports, marking a 26% year-on-year growth
  • Certification revenues grew by 20% year-on-year to INR 2,941.00 million in Q3 CY25

Segment Performance

IGI witnessed growth across various segments:

  • Natural Diamond (ND) loose stone segment: 29% year-on-year growth
  • Lab-Grown Diamond (LGD) jewelry segment: 26% year-on-year growth

Management Commentary

Tehmasp Printer, Managing Director and CEO of IGI, expressed satisfaction with the company's performance, stating, "I am happy to report that the Company has delivered 26% growth in report volume this quarter, enabling a 21% growth in revenues. Despite many macro-economic challenges, the Company has continued to deliver strong revenue growths driven by the festive demand in this quarter, across all categories."

Mr. Printer added, "Our core segments of natural diamond certification and lab-grown diamond certification have registered over 25% volume growth in this quarter, with continued momentum seen in the Jewelry segment. We remain confident of delivering a strong Revenue and EBITDA growth for the year in line with the guidance given at the beginning of the year."

Industry Outlook

The global diamond and jewelry industry is undergoing a transformation, with evolving consumer preferences and technological advancements driving change. Key trends include:

  • Rising disposable incomes in India and an expanding middle class
  • Growing appeal of diamonds as a luxury investment
  • Rapid adoption of Lab-Grown Diamonds (LGDs) due to affordability and sustainability factors
  • Increasing demand for certified diamonds, gemstones, and jewelry beyond traditional markets

IGI's multiple service delivery formats, including IGI Labs, In-factory Labs, and Mobile Labs, position the company to capitalize on these industry trends and reinforce its status as a preferred certification partner for the jewelry industry.

Conclusion

IGI's strong Q3 CY25 performance, characterized by substantial growth in revenue, EBITDA, and PAT, reflects the company's resilience and strategic positioning in the diamond and jewelry certification market. With a positive industry outlook and continued focus on innovation, IGI appears well-positioned for sustained growth in the coming quarters.

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