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
Ministry Of Good Souls Unveils Its New Bridal Collection In Bespoke 925 Sterling Silver
The Handcrafted 925 Sterling Silver Collection Blends Heritage-Inspired Artistry With Bontemporary Bridal Elegance
Ministry of Good Souls (MOGS), the contemporary silver jewellery brand known for its handcrafted artistry, has launched its latest Bridal Collection, celebrating the timeless elegance of Indian weddings through exquisite 925 sterling silver creations.
Inspired by heritage craftsmanship and reimagined for the modern bride, the collection features statement chokers, regal collar sets, chandbali earrings, and intricately detailed necklaces adorned with polki-style stones, pearls, and vibrant gemstones.
The collection caters to brides seeking heirloom-inspired silver jewellery for weddings, receptions, and festive celebrations. Each piece is meticulously handcrafted to offer brides jewellery that is both distinctive and enduring.
“The new bridal collection reflects our commitment to creating jewellery that celebrates individuality while honouring India’s rich design heritage. Every piece is crafted to make a bride feel confident, elegant, and unforgettable on her special day,” said a spokesperson for Ministry of Good Souls.
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