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Titan Company to acquire balance 0.36% stake in CaratLane Trading

27 Feb 2024 Evaluate

Titan Company is all set to purchase balance 1,19,489 equity shares held by the individual shareholders of CaratLane Trading (CaratLane) representing 0.36% of the total paid-up equity share capital of face value of Rs 2 each of CaratLane. The purchase transaction would be completed on fulfilment of other closing conditions.

The Company currently holds 99.64% of the total equity share capital of CaratLane. The proposed purchase of shares would further increase the Company’s stake in CaratLane to 100%, thereby making CaratLane a Wholly Owned Subsidiary of the Company. The indicative time period for completion of the transaction would be March 31, 2024. 

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

Titan Co Share Price

4461.30 -62.15 (-1.37%)
16-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Titan Co 4461.30
Kalyan Jewell.India 440.15
Rajesh Exports 126.70
Senco Gold 325.00
Thangamayil Jeweller 4277.90
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