Summary of Key Information:
Reporting Period (Quarter/Year): Not Applicable
Nature of Filing / Announcement: Outcome of Board Meeting - Acquisition Announcement
Audit Opinion:
Not Specified
Key Financial Highlights:
Not Specified
Corporate Actions:
- Approved acquisition of 100% stake in Silvostyle Jewellers Limited by way of acquisition of 1,50,00,000 Equity Shares
- Acquisition includes fresh issue and acquisition from existing shareholders in one or more tranches
- Total consideration: ₹27.96 Crores paid in cash and cash equivalents
- Upon completion, Silvostyle Jewellers Limited will become a wholly-owned subsidiary
- Acquisition to be completed on or before December 31, 2026
Target Company Details:
Silvostyle Jewellers Limited (SJL)
- Unlisted Public Limited Company incorporated on December 19, 2025
- Business: Fashion Silver Jewellery
- Paid-up capital: ₹15,00,000 divided into 1,50,000 shares of ₹10 each
- Industry: Retail - Jewellery
- Country of presence: India
Historical Financials (Silvostyle Jewellery LLP - Acquired by SJL via slump sale effective May 01, 2026):
(Rs. In Crore)
| Particulars | March 31, 2026 | March 31, 2025 | March 31, 2024 |
| Turnover | 72.93 | 40.46 | 27.09 |
Other Significant Information:
- Approved Draft Notice of 13th Annual General Meeting proposed to be held on September 28, 2026 at 03:00 PM through Video Conferencing