Modi’s pinstriped suit auctioned for ₹4.31 crore

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AUCTION// Prime Minister Narendra Modi’s personalised pinstripe suit was won in an auction by Dharmanandan Diamonds Private Limited, a Diamond Trading Company (DTC) sight holder, for Rs 4.31 crore. The diamond company, which entered into the bid on the last day of the exhibition-cum-auction at Science Centre in Surat, started with the bid of Rs 1.61 crore. The bid was increased to Rs 2.85 crore in the last leg of the auction and the final amount was raised to Rs 4.31 crore. In the fray were diamond barons from Mumbai, shipping company owner Kamalkant Sharma and a trader from Haryana. Hitesh Patel, Managing Director, Dharmanandan Diamonds Private Limited said, “It is worth the price. Our mission was to get the PM Modi’s suit at any cost and contribute to the Ganga Cleanliness mission. We are happy that the city has contributed to the mission and the suit stays with us. Now, we plan to display this as memorabilia at the upcoming SDB project.”

Read 11882 timesLast modified on Tuesday, 07 April 2015 11:29
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