StockWatch
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Gems, Jewellery And Watches
Shareholding25 Sept 2026, 11:32 am

Craft Emerging Market Fund Acquires 8.88% Stake in SMR Jewels

AI Summary

Craft Emerging Market Fund PCC, along with its associated funds (Citadel Capital Fund, Elite Capital Fund, and Arbitrage Strategy Fund), has acquired a substantial 8.88% stake in SMR Jewels Limited. The acquisition, totaling 1,656,000 shares, was executed through a combination of allotment and open market purchases. This move signifies a significant investment by the fund in SMR Jewels, potentially influencing the company's future strategic direction and market position.

Key Highlights

  • Craft Emerging Market Fund acquired 8.88% of SMR Jewels.
  • The stake amounts to 1,656,000 shares.
  • Acquisition was via allotment and open market.
  • The fund's holding is now 8.88% of total capital.