Arthneeti
Credit ratingFiled on BSE ·

Tribhovandas Bhimji Zaveri Limited placed on rating watch with positive implications by ICRA

Tribhovandas Bhimji Zaveri Ltd · Consumer Durables

What the filing says

  • ICRA placed TBZ’s long term/short term working capital of ₹900 crore and term loans of ₹15 crore on Rating Watch with Positive Implications on September 10, 2026
  • TBZ promoters signed a share purchase agreement on August 31, 2026 with GRT Jewellers for sale of 74.12% stake for about ₹1,034 crore, pending regulatory approvals
  • Upon completion, TBZ will become a subsidiary of GRT Jewellers, involving a change in control and management

Original filing

Announcement under Regulation 30 (LODR)-Credit Rating

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.