MoneyWorks4Me

Titan Company hikes stake in CaratLane

09 Oct 2019 Evaluate

Titan Company has purchased 9,45,000 equity shares from one of the shareholders of CaratLane, thereby increasing its stake in the subsidiary by 2.8%, from 69.5% to 72.3%.

Titan Company is an Indian designer and manufacturer of watches, jewellery, precision engineering components and other accessories including sunglasses, wallets, bags and belts.

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