The Competition Commission of India (CCI) has granted approval for the acquisition of majority stake in Tribhovandas Bhimji Zaveri Limited (TBZ) by GRT Jewellers (India) Private Limited. This proposed combination involves GRT Jewellers, a private limited company primarily engaged in the manufacture and sale of gems and jewellery in India, acquiring controlling interest in TBZ, which is a publicly listed company also engaged in the manufacturing and sale of gems and jewellery in India. The approval was announced on October 14, 2026, through a PIB Delhi release, indicating regulatory clearance for this significant transaction in the organized jewellery retail sector.