National News
SAIF Partners pares around 6% stake in Senco Gold for Rs 433 cr
Hong Kong-based SAIF Partners on Thursday pared a 5.8 per cent stake in jewellery retailer Senco Gold for Rs 432.72 crore through an open market transaction
Hong Kong-based SAIF Partners on Thursday pared a 5.8 per cent stake in jewellery retailer Senco Gold for Rs 432.72 crore through an open market transaction. SAIF Partners, through its arm SAIF Partners India IV Ltd, sold shares of Kolkata-based Senco Gold on the BSE.
According to the bulk deal data available on the BSE, SAIF Partners India IV offloaded 45,07,487 shares, amounting to a 5.8 per cent stake in Senco Gold.
The shares were disposed of at an average price of Rs 960.02 apiece, taking the deal value to Rs 432.72 crore.After the share sale, SAIF Partners’ shareholding in Senco Gold declined to 4.97 per cent from 10.77 per cent.
Details of the other buyers of Senco Gold’s shares could not be ascertained.Shares of Senco Gold gained 1.30 per cent to close at Rs 964.35 per piece on the BSE.
National News
Divine Solitaires marks Gudi Padwa with a sparkling festive initiative
Festive diamond coin offer blends affordability, assured value, and auspicious buying for Gudi Padwa
Divine Solitaires is celebrating the auspicious festival of Gudi Padwa with a limited-period festive initiative designed to make diamond ownership more accessible and meaningful.
As part of the offer, valid until March 19, customers can usher in prosperity and new beginnings by booking a Divine Solitaires Diamond Coin for just ₹2,000. The initiative aims to encourage aspirational and assured investment in natural diamonds during the festive season.
Adding further value, the offer includes price protection, allowing customers to benefit from any potential drop in market prices. Each booked coin also comes with a complimentary enamel brass jacket, enhancing its festive and collectible appeal.
| Coin Weight | Diamond Carat |
| 1 gram | 0.10 carat |
| 2 grams | 0.14 carat |
| 3 grams | 0.18 carat |
Each coin features rare diamonds crafted in the iconic 8Hearts8Arrows pattern—found in less than 1% of the world’s diamonds. These are high-quality VVS and EF grade stones, known for their exceptional clarity, brilliance, and colourless appearance.
“The harvest festival of Gudi Padwa represents new beginnings, abundance and hope. It is a time when people welcome prosperity into their lives and celebrate meaningful milestones with their loved ones. Diamonds, with their timeless brilliance, have always been a symbol of joy, positivity and enduring value, making them a beautiful way to mark such special occasions,” said Jignesh Mehta, Founder and Managing Director, Divine Solitaires.
Customers can book their diamond coins across Divine Solitaires’ extensive retail network of 200+ shop-in-shop stores spanning over 100 cities in India.
Divine Solitaires marks Gudi Padwa with a sparkling festive initiative
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