Sky Gold And Diamonds Ltd to Acquire 100% Shares of Ganna N Gold Private Limited for Approx. Rs. 225/- Crores

Sky Gold And Diamonds Ltd is set to acquire 10,000 (Ten Thousand) Equity Shares of Ganna N Gold Private Limited, representing 100% of the paid-up equity share capital, for a non-cash consideration of approximately Rs. 225/- Crores. The acquisition aims to achieve strategic objectives, including expanding market share, diversifying the product portfolio, and improving operational efficiencies. The acquisition is expected to be completed within 15 days from the date of approval from the shareholders or other relevant authorities including Stock Exchange.