Winsome Diamonds & Jewellery

Winsome Diamonds and Jewellery Limited, a public company domiciled in India, was formerly known as Su-Raj Diamonds and Jewellery Limited. The company's guiding principle is to practice good corporate governance to create long-term economic benefits for its shareholders, customers, employees, and the wider community. Its operations centered on a diamond division and procuring gold to manufacture jewellery, supported by different types of bank credit facilities. However, the company faced a major crisis when its overseas customers from the UAE failed to make payments for products exported to them. In response to this, the company has taken legal action against 13 of these defaulting customers in Sharjah, UAE, to recover the money owed. The company's future is now dependent on its ability to raise new funds and recover money from these overseas debtors to restart its business operations.;