Acquisition / mergerFiled on BSE ·

Sky Gold & Diamonds acquires Purvi Gems for ₹9 crore to boost growth and diversification

Sky Gold & Diam. · Consumer Durables

What the filing says

  • Acquisition completed on October 7, 2026, for ₹9 crore, 1.5x book value as of March 31, 2026
  • Purvi Gems specializes in lightweight uncut and studded jewellery, with expected revenue of ₹1,600-1,800 crore in 2-3 years
  • Acquisition adds ~100 kg monthly sales potential and strengthens Sky Gold's presence in domestic and export markets

Original filing

Announcement under Regulation 30 (LODR)-Press Release / Media Release

Read the filing on BSE (PDF) →

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Summary written by Arthneeti from the company's filing with the stock exchange; check the original filing for full details. Arthneeti is a research and analytics platform, not a SEBI-registered investment adviser, and nothing here is a recommendation to buy or sell.