StockWatch
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Gems, Jewellery And Watches
Shareholding12 Jun 2026, 11:15 am

Craft Emerging Market Fund Acquires 5.58% Stake in SMR Jewels

AI Summary

Craft Emerging Market Fund PCC, along with Citadel Capital Fund and Elite Capital Fund, has acquired a 5.58% stake in SMR Jewels Limited. The acquisition, totaling 1,041,000 shares, was made through an allotment and is valued at approximately 5.58% of the total share capital. The transaction occurred on June 5, 2026, with the securities having a redemption date of June 5, 2026. This disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

Key Highlights

  • Craft Emerging Market Fund acquired 5.58% stake in SMR Jewels.
  • Acquisition involves 1,041,000 shares.
  • Transaction made via allotment.
  • Disclosure filed under SEBI Takeover Regulations.
  • Acquisition date: June 5, 2026.