Kenneth Andrade-owned Old Bridge Capital Management has picked up 489,427 shares or 3.6% stake in Thangamayil Jewellery. Old Bridge Capital bought the stake at Rs 410 per share. However, Balusamy Ramesh sold 5 lakh shares at Rs 410.05 per share.
Thangamayil Jewellery is one of the leading jewellery retailers in Madurai. The company was formed with an objective to carry on the business of jewellers, goldsmiths, silversmiths and dealers in precious metals, articles of vertu, coin etc.