Sky Gold to Raise ₹1,800 Crore Via QIP

Sky Gold And Diamonds Ltd announced that its Board of Directors has approved raising funds up to ₹1,800 crore through Qualified Institutions Placements (QIP) and/or other permissible modes. This decision follows a prior intimation on October 22, 2026, and was made during a board meeting held on October 27, 2026. The company also approved its unaudited standalone and consolidated financial results for the quarter and half-year ended September 30, 2026. An Extra Ordinary General Meeting (EGM) is scheduled for November 18, 2026, to seek shareholder approval for these proposals. Mr. Shivang Goyal has been appointed as the scrutinizer for the e-voting process.