Mumbai, February 15, 2026: International Gemmological Institute (India) Limited (BSE: 544311 | NSE: IGIL) has completed the acquisition of 100 percent shareholding in AGL Holdco Inc through its step-down wholly owned subsidiary, International Gemological Institute Inc, strengthening its global certification footprint.
The company informed exchanges that IGI USA has completed the acquisition of AGL Holdco Inc from Christopher P Smith and Helene Smith. The transaction also results in the indirect acquisition of American Gemological Laboratories LLC.
The completion follows the earlier board-approved structure involving fund infusion into International Gemmological Institute BV, IGI India’s wholly owned subsidiary, which in turn invested in IGI USA to facilitate the acquisition.
Acquisition Structure and Effective Date
| Entity | Status Before | Status After | Effective Date |
|---|---|---|---|
| AGL Holdco Inc | Not part of IGI Group | Wholly Owned Subsidiary of IGI USA; Step-Down WOS of IGI Belgium and IGI India | February 10, 2026 |
| American Gemological Laboratories LLC | Wholly Owned Subsidiary of AGL Holdco | Step-Down WOS of IGI USA, IGI Belgium and IGI India | February 10, 2026 |
- AGL Holdco Inc has become a wholly owned subsidiary of IGI USA and a step-down wholly owned subsidiary of IGI Belgium and IGI India.
- American Gemological Laboratories LLC, a wholly owned subsidiary of AGL Holdco, has become a step-down wholly owned subsidiary of IGI USA, IGI Belgium and IGI India.
About International Gemmological Institute (India) Limited
International Gemmological Institute (India) Limited is engaged in certification and grading services for diamonds, gemstones, and jewellery. The company operates as part of the global IGI network and is listed on both BSE and NSE under the scrip code 544311 and symbol IGIL, respectively.With the completion of this transaction, IGI India expands its international subsidiary network, reinforcing its position in the global gem certification industry.
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