Kalyan Jewellers India’s material subsidiary -- Kalyan Jewellers FZE has acquired the remaining 30% stake in Kalyan Jewellers LLC, Oman on November 16, 2023. Pursuant to the said acquisition, Kalyan Jewellers LLC, Oman has become a wholly owned subsidiary of Kalyan Jewellers FZE.
Acquiring additional equity stakes from PNC Menon, representing 30% of the total paid-up share capital of Kalyan Jewellers LLC, Oman is intended for 100% ownership and better management and operational control. Cost of acquisition is OMR 100.
Kalyan Jewellers India designs and manufactures gold, diamonds, stones, and other precious metal jewelry products. The company serves customers worldwide.
Company Name | CMP |
---|---|
Titan Co | 3386.35 |
Kalyan Jewell.India | 403.15 |
Rajesh Exports | 285.10 |
Sagar Diamonds | 26.90 |
Senco Gold | 951.95 |
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