Titan Company has received an approval for investment of $0.5 million in KaHa, a company registered in Singapore. The board of directors at its meeting held on November 7, 2017 has approved for the same. The investment will be considered only after receipt of approval of the Reserve Bank of India, application to whom is yet to be made. The amount of investment will not exceed Rs 3.5 crore and may constitute up to a maximum of 10% of equity capital of KaHa and therefore is a small equity stake.
Besides, the investment of $0.5 million represents a very small percentage of the size of operations of the Watches & Accessory Division and the company itself to which this would be a very minor investment for a business relationship.
Titan Company is an Indian designer and manufacturer of watches, jewellery, precision engineering components and other accessories including sunglasses, wallets, bags and belts.
| Company Name | CMP |
|---|---|
| Titan Co | 4371.95 |
| Kalyan Jewell.India | 406.75 |
| Rajesh Exports | 119.15 |
| Senco Gold | 345.65 |
| Thangamayil Jeweller | 3970.85 |
| View more.. | |
MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.
To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.
MoneyWorks4Me ensures this through: