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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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National News

4 Elegant Jewellery Essentials From Golubhai Badalia Diamonds For The Minimalist Bride

From Delicate Layered Necklaces To Refined Diamond Rings, Golubhai Badalia Diamonds Presents A Thoughtfully Curated Edit Of Timeless Jewellery Essentials Designed For The Modern Bride Who Embraces Elegance Through Simplicity.

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Golubhai Badalia Diamonds curates refined jewellery essentials that celebrate understated luxury, clean silhouettes, and timeless elegance for the modern minimalist bride.

Golubhai Badalia Diamonds showcases a selection of pieces that lean into understated elegance, where less isn’t less; it’s intentional. Defined by clean silhouettes, refined sparkle, and thoughtful detailing, these designs highlight how precision and versatility can create impact without excess. Here are four standout picks that come together for a more refined, modern bridal look for a minimalist bride.

1. Stellar Cascade Diamond Necklace

Light, fluid, and effortlessly elegant, this layered diamond necklace sits softly along the neckline without overpowering it. The gentle cascade effect adds dimension while maintaining a sense of ease, perfect for brides who want just enough sparkle.

2. Royal Ruby Heritage Stud Earrings

A subtle nod to tradition, these ruby-centred studs introduce a hint of colour while staying within a minimal frame. Compact yet detailed, they strike the right balance between classic and contemporary.

3. Luminous Cluster Diamond Bracelet

Streamlined and easy to style, this bracelet focuses on structure and finish. The clustered diamonds give it presence, but the overall form remains light and unfussy — exactly what minimalist styling calls for.

4. Celestial Bloom Diamond Ring

This ring adds detail without tipping into excess. The floral arrangement is tight and symmetrical, making it feel refined rather than decorative. It stands out, but stays within the language of minimal design.

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