StockWatch
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Gems, Jewellery And Watches
Investment1 Sept 2026, 07:01 pm

Shanti Gold Invests ₹1.1 Cr in Lalithaa Jewellery Mart

AI Summary

Shanti Gold International Ltd has announced a second tranche investment of ₹1.10 crore in Lalithaa Jewellery Mart Limited. The company acquired 42,130 equity shares at a weighted average price of ₹261.10 per share through the secondary market. This investment brings Shanti Gold's total holding in Lalithaa Jewellery Mart to 1,86,947 shares, representing approximately 0.03% of the paid-up equity share capital. Lalithaa Jewellery Mart is a South India-focused jewellery retailer with a significant turnover and PAT for FY26.

Key Highlights

  • Shanti Gold invested ₹1.10 crore in Lalithaa Jewellery Mart.
  • Acquired 42,130 equity shares at ₹261.10 per share.
  • Total holding in Lalithaa Jewellery Mart is now 0.03%.
  • Lalithaa Jewellery Mart is a prominent South India jewellery retailer.
  • This is the second tranche of investment by Shanti Gold.