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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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Raj Diamonds Collaborates With Gaurav Gupta For A Diwali Campaign Celebrating Relationships, Family and Togetherness

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This Diwali, Raj Diamonds collaborates with couturier Gaurav Gupta on a special campaign celebrating the spirit of togetherness, the bonds of family and the relationships that make every celebration meaningful. Bringing together fine jewellery and contemporary couture, the campaign honours the role of jewellery in marking cherished moments, expressing individuality and connecting generations.

Featuring Bipasha Basu and Karan Singh Grover, Diipa Büller Khosla and Oleg Büller, Subiksha Shivakumar and Akshara Shivakumar, alongside Jaya Raheja, the campaign brings together personalities who each adorned Raj Diamonds jewellery in their own distinctive style. A blend of traditional and contemporary creations reflects the versatility of the brand’s design language, where heritage craftsmanship meets modern expression.

With a commitment to exceptional craftsmanship, innovative design and the sourcing of rare gemstones, Raj Diamonds creates jewellery that celebrates both individuality and tradition. Its distinctive repertoire spans intricate South Indian gold jewellery embellished with diamonds, rubies and emeralds, alongside contemporary, meticulously engineered creations. The collaboration with Gaurav Gupta brings these sensibilities together in a visual celebration of artistry, personal style and cultural heritage.

Speaking on this special occasion, Eshwar Surana, Director, Raj Diamonds, said:

“Diwali is a celebration of family, togetherness and the relationships we cherish. At Raj Diamonds, we believe jewellery becomes part of these stories, carrying personal meaning across generations while allowing every individual to express their own style. Our collaboration with Gaurav Gupta brings this sentiment to life through a shared appreciation for craftsmanship, creativity and the beauty of self-expression.”

At its heart, the campaign reflects the essence of Diwali: a time to honour relationships, create lasting memories and celebrate the people who bring meaning to every occasion.

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