Nirav Modi-linked Firestar Diamond stock to go on sale

Fugitive diamantaire Nirav Modi's former company, Firestar Diamond International, is set to auction its precious inventory of gems and jewellery on April 27. The e-auction, under the Insolvency and Bankruptcy Code, will feature natural loose diamonds and finished pieces, with prices ranging from ₹4 lakh to ₹18 lakh.

Key takeaways

Quick scan — what you need to know:

• Fugitive diamantaire Nirav Modi's former company, Firestar Diamond International, is set to auction its precious inventory of gems and jewellery on April 27.
• The e-auction, under the Insolvency and Bankruptcy Code, will feature natural loose diamonds and finished pieces, with prices ranging from ₹4 lakh to ₹18 lakh.

Background

What led here, in plain terms:

• nkruptcy Code, will feature natural loose diamonds and finished pieces, with prices ranging from ₹4 lakh to ₹18 lakh. Fugitive diamantaire Nirav Modi's former company, Firestar Diamond International, is set to auction…
• Full context often emerges as officials, markets, or courts add updates.

Why it matters

Why readers and decision-makers should care:

• Fugitive diamantaire Nirav Modi's former company, Firestar Diamond International, is set to auction its precious inventory of gems and jewellery on April 27.
• The e-auction, under the Insolvency and Bankruptcy Code, will feature natural loose diamonds and finished pieces, with prices ranging from ₹4 lakh to ₹18 lakh.