Summary of Key Information:
Reporting Period (Quarter/Year): Not Specified
Nature of Filing / Announcement: Outcome of Board Meeting - Acquisition Announcement
Date of Board Meeting / Approval: August 20, 2026 (commenced at 01:31 PM, concluded at 03:05 PM)
Audit Opinion: Not Specified
Auditor's Comment: Not Specified
Key Financial Highlights:
Standalone Results: Not Specified
Consolidated Results: Not Specified
Corporate Actions:
Acquisition Details:
- Acquisition of 100% equity share capital of Silvostyle Jewellers Limited (SJL)
- Total consideration: ₹27.96 Crores
- ₹27.68 crores towards subscription of 1,48,50,000 fresh equity shares (99% of post-issue capital)
- ₹0.28 Crores towards acquisition of 1,50,000 existing equity shares (1% of post-issue capital)
- Price per equity share: ₹18.64
- Acquisition to be completed in one or more tranches on or before December 31, 2026
- Payment method: Cash and Cash Equivalents
- Fresh capital infusion of ₹27.68 crores to be utilized for business purposes of SJL