Pursuant to Regulation 30(1) read with Para A, Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Sky Gold and Diamonds has informed that Starmangalsutra, a WOS of the company, has approved a proposal to enter into non-binding agreement to acquire 51% in Rishab Gold, a partnership firm engaged in the business of jewellery manufacturing. The requisite details, as required by SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11th November 2024, SEBI Circular No. SEBI/HO/CFDPoD1/P/CIR/2023/123 dated July 13, 2023, and SEBI circular bearing number CIR/CFD/CMD/4/2015 dated September 09, 2015 regarding the above proposal, is enclosed as Annexure I. Further developments in respect of this transaction, including execution of definitive agreements and completion of necessary closing conditions, will be duly intimated to the Stock Exchanges as required under Regulation 30 of SEBI (LODR) Regulations, 2015. The Company has also issued a Press Release in this regard which is enclosed as Annexure II. The Company has received an intimation from. Starmangalsutra today at 12:09 pm (IST). This outcome is also being made available on the Company’s website at: www.skygold.co.in.
| Company Name | CMP |
|---|---|
| Titan Co | 4502.15 |
| Kalyan Jewell.India | 449.20 |
| Rajesh Exports | 109.46 |
| Senco Gold | 323.40 |
| Thangamayil Jeweller | 4138.35 |
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