Sky Gold to Acquire Purvi Gems for ₹9 Cr

Sky Gold and Diamonds Ltd announced its Board of Directors has approved the acquisition of Purvi Gems & Jewellery (India) Private Limited for a cash consideration of up to ₹9 Crores. Purvi Gems & Jewellery, engaged in manufacturing jewellery and related articles, reported a turnover of approximately ₹103.40 Crores as of March 31, 2026. This strategic acquisition aims to expand Sky Gold's market share, diversify its product portfolio, and drive financial growth. The acquisition is expected to be completed by November 30, 2026. The transaction is not considered a related party transaction.