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The board of directors of Winsome Diamonds and Jewellery has noted, accepted and taken on record the reports of accounting and banking experts appointed by the Sharjah Federal Court. The reports were in relation to the legal proceedings instituted against the UAE-based 13 defaulting parties for recovery of the company’s outstanding dues in respect of exports made to them. Shares of Winsome Diamonds closed at ₹0.54, up 3.85 per cent on the BSE.
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