National News
Priority Jewels Raises ₹15.67 Crore in Pre-IPO Placement; Invictus Continuum Fund I Leads Investment
Mumbai-based diamond-studded jewellery maker allots 8.25 lakh shares at ₹190 each ahead of BSE and NSE listing
Mumbai-headquartered Priority Jewels Ltd., a manufacturer of diamond-studded gold and platinum fine jewellery, has successfully completed its pre-IPO placement, raising approximately Rs.15.67 crore.
The company, in consultation with its book running lead manager, issued 8,25,000 equity shares at ₹190 per share, including a premium of Rs.180 per share.
Among the key participants was Invictus Continuum Fund I, which was allotted 1,00,000 equity shares on 14 February 2026, aggregating to Rs.1.9 crore. Cheay Investments Private Limitedand Plutus Equity Investment Serviceswere each allotted 50,000 equity shares at Rs.190 per share, amounting to Rs.95 lakh each. The placement also saw participation from Maple Leaf Trading and Servicesalong with 18 other investors.
Priority Jewels designs, manufactures and supplies a diverse range of lightweight and affordable diamond-studded jewellery in gold and platinum. Its portfolio spans everyday wear — including rings, earrings, pendants, neckwear and bracelets — as well as contemporary occasion couture jewellery crafted using modern design and manufacturing techniques.
The company caters to leading organised retail chains such as CaratLane Trading Private Limited, Kalyan Jewellers India Limited, Reliance Retail Limited, Malabar Gold and Diamonds FZCO, Tribhovandas Bhimji Zaveri Limited and Senco Gold Limited, in addition to serving independent jewellers across India and select international markets.
According to a report by CARE Ratings, the company’s blend of craftsmanship and innovation has enabled it to build long-standing relationships with major retail jewellery players, reinforcing its position as a trusted supplier.
Mefcom Capital Markets will act as the book running lead manager for the IPO. The company plans to list its equity shares on both BSE and NSE.
National News
MMTC-PAMP Appoints Sidharth Malhotra As Brand Ambassador
As Part Of The Association, Sidharth Will Lead MMTC-PAMP’s New Integrated Campaign, ‘Purest And More,’ Showcasing The Brand’s Expanding Portfolio Across Physical Precious Metals, Digital Investments and Responsible Gold Recycling.
MMTC-PAMP, India’s only London Bullion Market Association (LBMA)-accredited Good Delivery Gold & Silver refiner, today announced acclaimed actor Sidharth Malhotra as its Brand Ambassador, marking a significant milestone in the brand’s journey to strengthen its connection with a new generation of consumers. As part of the association, Sidharth will lead MMTC-PAMP’s new integrated campaign, ‘Purest And More,’ showcasing the brand’s expanding portfolio across physical precious metals, digital investments and responsible gold recycling.
The integrated campaign showcases MMTC-PAMP’s complete ecosystem, from 24K 999.9+ purest gold and silver coins and bars to digital gold and silver, gold recycling, online purchasing and assured buyback services. Through relatable, everyday moments and festive celebrations, the campaign reinforces MMTC-PAMP’s position as India’s most trusted precious metals brand while making gold ownership more relevant, accessible and convenient for today’s consumers.
Announcing the association, Samit Guha, Managing Director and CEO, MMTC-PAMP said:

“We are delighted to welcome Sidharth Malhotra to the MMTC-PAMP family. Sidharth has built a strong reputation through authenticity, credibility and a modern outlook—qualities that closely reflect the values of our brand. As one of India’s most admired and influential actors, he enjoys a deep connect across generations, making him an ideal ambassador as we continue expanding the reach of MMTC PAMP among both seasoned investors and first-time buyers.
This partnership comes at an exciting phase in our growth as we continue to redefine precious metals ownership through innovation, responsible sourcing and world-class quality. Through our ‘Purest And More’ campaign, we are showcasing how MMTC-PAMP today offers far more than physical gold—from digital investments and online buying to gold recycling and assured buyback—while remaining uncompromising on purity and trust.”
The campaign film unfolds through a series of relatable family moments around a wedding celebration, with Sidharth naturally introducing consumers to MMTC-PAMP’s diverse offerings. The storytelling highlights that every MMTC-PAMP offering is backed by the brand’s commitment to purity, trust and convenience while reinforcing its promise of “Purest And More.”
Speaking on the association, Sidharth Malhotra said:
“MMTC-PAMP has built a remarkable reputation for purity, trust and innovation, while also modernising the way people invest in and experience precious metals. Whether it’s celebrating life’s milestones, building long-term wealth or embracing more responsible choices through recycled gold, the brand continues to stay relevant for today’s consumers. I’m excited to be part of this journey and look forward to connecting with people through the ‘Purest And More’ campaign.”

The association brings together one of India’s most recognised actors with one of the country’s most trusted precious metals brands at a time when consumer interest in certified physical gold, digital gold and sustainable precious metals solutions continues to grow. With Sidharth Malhotra as the face of the brand, MMTC-PAMP aims to further strengthen its leadership position while deepening engagement with a younger, digitally connected audience.
The campaign will be amplified across television, digital platforms, social media, print, retail stores and e-commerce channels, with dedicated creatives highlighting key offerings including digital gold and silver, festive gifting, Virasat recycled gold, Akshaya Tritiya, Diwali and MMTC-PAMP’s certified purity credentials.
Link to the TVC (YouTube):
Link to the TVC (Instagram):https://www.instagram.com/p/DciH4s7tim5//
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