Investment31 Aug 2026, 04:04 pm
Shanti Gold Invests ₹3.87 Cr in Lalithaa Jewellery Mart
AI Summary
Shanti Gold International Ltd has announced an investment of ₹3,87,59,734 in Lalithaa Jewellery Mart Limited. The company acquired 1,44,817 equity shares at a weighted average price of ₹265.76 per share through the secondary market. This acquisition represents approximately 0.03% of Lalithaa Jewellery Mart's paid-up equity share capital. Lalithaa Jewellery Mart is a South India-focused jewellery retailer with a significant turnover of ₹2,50,239.27 million in FY 2025-26 and a Profit After Tax of ₹10,098.17 million. The investment is part of Shanti Gold's investment activities.
Key Highlights
- Shanti Gold International invested ₹3.87 Cr in Lalithaa Jewellery Mart.
- Acquired 1,44,817 equity shares at ₹265.76 per share.
- Investment constitutes ~0.03% of target company's equity.
- Lalithaa Jewellery Mart reported ₹250,239 Mn turnover in FY26.
- Acquisition is part of Shanti Gold's investment strategy.
Price Impact
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