Shanti Gold International Limited has made an investment in Lalithaa Jewellery Mart Limited through secondary market purchases. The company acquired 1,44,817 equity shares with a face value of ₹5 each at a weighted average price of ₹265.76 per share. The total aggregate consideration amounts to ₹3,87,59,734 (Rupees Three Crore Eighty-Seven Lakh Fifty-Nine Thousand Seven Hundred and Thirty-Four only), inclusive of brokerage, taxes, and other levies.
Investment Details
- Target Entity: Lalithaa Jewellery Mart Limited (Listed on BSE & NSE)
- Number of Shares Acquired: 1,44,817 equity shares
- Percentage Holding: Approximately 0.03% of Lalithaa's paid-up equity share capital
- Purchase Price: ₹265.76 per share (weighted average)
- Total Investment: ₹3,87,59,734
- Nature of Consideration: Cash
- Transaction Type: Secondary market purchase
Target Company Background
Lalithaa Jewellery Mart Limited is a South India-focused jewellery retailer engaged in manufacturing, wholesaling, and retailing of gold, diamond-studded, platinum, and silver jewellery. The entity was incorporated on November 26, 1985, and its equity shares were listed on BSE and NSE on August 24, 2026.
Financial Highlights of Lalithaa Jewellery Mart Limited (as of March 31, 2026):
- Authorised Capital: ₹2,80,00,00,000
- Paid Up Capital: ₹2,79,85,49,055
- Turnover (FY 2025-26): ₹2,50,239.27 million
- Profit After Tax (FY 2025-26): ₹10,098.17 million
Historical Turnover:
- 2025-2026: ₹2,50,239.27 million
- 2024-2025: ₹1,68,973.17 million
- 2023-2024: ₹1,67,880.52 million
Geographic Presence: Tamil Nadu, Andhra Pradesh, Telangana, Karnataka, and Puducherry in India.
Transaction Details
- Purpose: Part of the company's investment activities
- Related Party Transaction: No
- Government/Regulatory Approvals: Not applicable
- Completion Status: First tranche completed; Settlement Date: August 31, 2026
- Industry: Jewellery Industry
Additional Information
The intimation has been uploaded on the company's website at www.shantigold.in. The disclosure was signed by Vrushti Shah, Company Secretary & Compliance Officer of Shanti Gold International Limited.