Acquisitions11 Dec 2025, 07:21 pm
Sky Gold & Diamonds Subsidiary Acquires 51% Stake in Shri Rishab Gold
AI Summary
Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, Sky Gold & Diamonds Ltd. has announced that its wholly owned subsidiary, Starmangalsutra Private Limited, has executed a Partnership Agreement with Shri Rishab Gold, a firm engaged in jewellery manufacturing. The agreement is for the acquisition of 51% partnership interest in Shri Rishab Gold. There is no change in the details of the transaction as previously disclosed to the Stock Exchanges.
Key Highlights
- Sky Gold & Diamonds subsidiary, Starmangalsutra Private Limited, acquires 51% stake in Shri Rishab Gold
- Shri Rishab Gold is a partnership firm engaged in jewellery manufacturing
- The acquisition is pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015