Titan Company Ltd.

BSE: 500114 | NSE: TITAN
Large Cap | Diamond & Jewellery
4513.40
204.90 (4.76%)
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Titan Company to complete acquisition of Caratlane in a month

Date: 12-05-2016

Titan Company will complete the all-cash acquisition of online jewellery portal ‘Caratlane’ within a month’s time. The company is currently engaged is in the valuation procedures.

Caratlane operates in an omni-channel approach with 13 offline stores in Bengaluru, Delhi-NCR, Hyderabad, Coimbatore, Chandigarh, Chennai, Thane and Pune.

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