Rajesh Exports, the world's largest refiner and manufacturer of gold, announces receipt of a prestigious export order worth Rs 8.73 billion from a leading global white label importer from UAE. The company expects to complete this order by June 2018.

Rajesh Mehta, chairman, of Rajesh Exports, said, "Rajesh Exports is pleased to announce receipt of a prestigious export order worth Rs 8.73 billion from a leading UAE based white label importer. This order is a testament to our strong relationships with our customers and our integrated manufacturing capabilities. We have been successful in our strategy of leveraging the manufacturing platform, design excellence and global quality standards to diversify the product offerings. Management looks forward to continue to build upon its strengths and drive future growth."

Shares of the company declined Rs 9.6, or 1.17%, to trade at Rs 810.15. The total volume of shares traded was 31,536 at the BSE (12.23 p.m., Thursday).