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
Birdhichand Ghanshyamdas Celebrates Its First Anniversary In Mumbai
Central To The Anniversary Event Was An Art-Gallery-Style Exhibition Showcasing Nine Collectible Archival Jewels
Jio World Plaza’s luxury precinct turned into an immersive gallery of royal heritage as landmark Jaipur jewel house Birdhichand Ghanshyamdas celebrated its first anniversary in the city.
The gathering brought together Mumbai’s fashion leaders, art collectors, and luxury figures for an evening honoring historic Indian craft and centuries-old metalwork techniques.
The evening kicked off with a live conversation between film producer Rhea Kapoor and Yash Agarwal, Creative Director of Birdhichand Ghanshyamdas. The pair discussed how traditional Rajasthani jewelry techniques are being reinterpreted for contemporary global audiences.
Central to the anniversary event was an art-gallery-style exhibition showcasing nine collectible archival jewels:
Ember in Sand & Jaipur Pink: Masterpieces showcasing signature gemstone carving and classic regional hues.
The Shree Veni & Shahi Kantha: Statement heritage pieces reimagining royal neckwear and ceremonial grandeur.
The Golden Blush & Scent of the Sea: Intricate compositions fusing nature-inspired motifs with precious metals.
Pannika, The Legacy of Art, & The Queen of Ni: Rare collectible creations spotlighting the atelier’s historic goldwork techniques.
Birdhichand Ghanshyamdas Celebrates Its First Anniversary In Mumbai
Shankesh Jewellers Ltd Listed On The BSE At Rs 102.30 At A Premium Of Rs 9.30
GJEPC Highlights Export Opportunities At Vendor Development Programme For MSEs In Lucknow
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New Premises1 day agoThangamayil Jewellery Opened 2 New Stores In Chennai
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National News6 minutes agoBirdhichand Ghanshyamdas Celebrates Its First Anniversary In Mumbai
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National News3 hours agoShankesh Jewellers Ltd Listed On The BSE At Rs 102.30 At A Premium Of Rs 9.30
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National News3 hours agoGJEPC Highlights Export Opportunities At Vendor Development Programme For MSEs In Lucknow
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