Corporate News

01-Sep-2026, 08:55

Shanti Gold International Limited announced it has invested Rs 1,10,78,194 to acquire 42,130 equity shares of Lalithaa Jewellery Mart Limited through a secondary market purchase, representing a weighted average price of Rs 261.10 per share, as part of a second tranche of investment. The acquisition brings Shanti Gold International Limited’s total holding in Lalithaa Jewellery Mart Limited to 1,86,947 equity shares, approximately 0.03% of the paid-up equity share capital. Lalithaa Jewellery Mart Limited, incorporated on November 26, 1985, is a South India-focused jewellery retailer with a turnover of Rs 2,50,239.27 million for the fiscal year 2025-26.