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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

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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.

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Education

GSI Strengthens Experiential Gemological Education Through Vietnam Ruby Mine Field Trip for CSP Students

The activity reinforced GSI’s commitment to real-world learning and global gemological excellence for students

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Gemological Science International (GSI), a global authority in gemological education and certification, reinforced its leadership in experiential learning with an immersive field trip to the Luc Yen Ruby Mine in Vietnam for students of its Color Stone Professional (CSP) Program.

Bridging Classroom Learning with Ground-Level Gemology

Organised from 18th to 22nd January 2026 for the CSP 9th Batch, the international field visit was designed to bridge classroom knowledge with on-ground industry realities. The programme offered students first-hand exposure to ruby geology, mining practices, gemstone sorting, valuation, and live market dynamics, while also fostering cultural awareness and team bonding.

Inside Vietnam’s Renowned Luc Yen Ruby Deposits

Luc Yen, located in Vietnam’s Yen Bai Province, is globally recognised for its ruby and spinel deposits formed within metamorphic marble and gneiss formations. During the mine visit, students closely observed manual and alluvial mining techniques, gravel washing, and on-site sorting of ruby rough. Interactions with local miners provided valuable insight into yield variations, seasonal challenges, and the realities of small-scale gemstone mining.

Understanding Market Dynamics at the Source

A key highlight was the visit to the Luc Yen gemstone market, where students witnessed real-time negotiations between miners, traders, and buyers. From understanding how colour, clarity, size, and cutting potential influence pricing to observing buyer psychology and market behaviour, the experience offered perspectives rarely accessible within a classroom environment.

Holistic Exposure Beyond the Mine

Beyond gemological training, the itinerary included cultural and recreational experiences in Hanoi, such as cave exploration, water rafting, and city sightseeing. These activities added depth to the learning journey, encouraging collaboration, cultural exchange, and holistic development.

Leadership Perspective on Experiential Education

“The future of gemology lies in education that goes beyond textbooks. Exposure to mines, markets, and global trade ecosystems equips students with confidence, context, and credibility,” said Meenu Vyas, Global Head Gemologist (GSI). “At GSI, we believe that true expertise is built when theory meets practice on the ground.”

Reinforcing GSI’s Commitment to Global Gemological Excellence

The Vietnam field trip stands as a testament to GSI’s commitment to nurturing globally competent gemologists through immersive education, international exposure, and industry-relevant learning experiences.

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