StockWatch
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Gems- Jewellery And Watches
Shareholding30 Oct 2026, 03:17 pm

Tribhovandas Bhimji Zaveri: Promoters Sell 74.12% Stake

AI Summary

Tribhovandas Bhimji Zaveri Ltd announced that Shrikant Gopaldas Zaveri and other promoters have sold an aggregate of 4,94,59,775 equity shares, representing approximately 74.12% of the total paid-up equity share capital. The sale was executed on October 30, 2026, pursuant to a Share Purchase Agreement dated August 31, 2026, with GRT Jewellers (India) Private Limited. This transaction signifies a substantial change in the company's shareholding structure.

Key Highlights

  • Promoters sold 4,94,59,775 equity shares.
  • The sale represents 74.12% of the company's total equity.
  • Transaction occurred on October 30, 2026.
  • GRT Jewellers (India) Private Limited is the buyer.
  • This is a significant change in promoter shareholding.