Goldkart Jewels Secures DGFT Import License to Boost Gold Bar Operations

Goldkart Jewels Limited has formally announced that it has received an Import License from the Directorate General of Foreign Trade (DGFT), Government of India. This disclosure was made under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and is seen as a significant step towards strengthening the company’s sourcing capabilities. The license will support the company’s efforts to expand its operations and enhance overall efficiency, especially in procuring gold dore bars, which are a crucial input in its jewellery production.

Approval Details and Import Scope

As per the disclosure submitted to the National Stock Exchange of India Limited, the license was granted by the Directorate General of Foreign Trade (DGFT), Government of India. The nature of the approval is an Import License specifically for gold dore bars. The company received the license on 11th July 2025, and it will remain valid till 11th January 2027. It allows Goldkart to import gold dore bars up to a total value of ₹10,00,00,00,000.00 or $115,273,775.22 in terms of CIF (Cost, Insurance, and Freight).

This development is expected to provide the company with a steady supply of raw material for its manufacturing processes, helping it scale operations and meet the growing market demand.

Operational Benefits and Strategic Impact

Goldkart Jewels stated that the license will enable the company to directly source critical raw material for its jewellery operations. The firm anticipates that this move will result in improved product quality, reduced input costs, and enhanced supply chain efficiency. The ability to control and streamline the import of gold dore bars positions the company to respond more effectively to market dynamics while also boosting its competitiveness in the industry.

Also Read: Wealthy Indians Are Investing in Gold and Overseas Markets Instead of Holding Cash

Goldkart Jewels Stock Price Performance

As of July 14, 2025, at 12:30 PM, Goldkart Jewels share price is trading at ₹213.00 per share, reflecting no change from the previous closing price.

Conclusion

The issuance of the import license by DGFT marks a key milestone in Goldkart Jewels Limited’s growth strategy. It reinforces the company’s commitment to operational excellence and its vision to expand its footprint in the jewellery market. With enhanced sourcing capabilities, Goldkart is well-placed to achieve sustainable growth and deliver long-term value to its stakeholders.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions. 

Investments in the securities market are subject to market risks, read all the related documents carefully before investing.