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
Make Karwa Chauth Special With Palmonas 9KT Gold Mangalsutra Collection
Make Karwa Chauth Special With Palmonas 9KT Gold Mangalsutra Collection
This Karwa Chauth, Palmonas presents its 9KT Gold Lab-Grown Diamond Collection, offering thoughtful gifting options for a celebration rooted in love and togetherness. Featuring mangalsutras and a mangalsutra bracelet, the collection brings together 9KT gold, lab-grown diamonds, and contemporary designs, making it a meaningful choice for those looking to mark the occasion with a piece of jewellery that carries personal significance.
The Endless Love Infinity 9KT Gold Lab-Grown Diamond Mangalsutra features an infinity-inspired pendant, symbolising an enduring bond and everlasting love. Set with sparkling lab-grown diamonds, its fluid silhouette brings a contemporary finish to a design rooted in the idea of continuity and commitment.
The Petalburst Glow 9KT Gold Lab-Grown Diamond Mangalsutra draws inspiration from the beauty of blooming flowers. Its floral pendant, detailed with radiant lab-grown diamonds arranged in a petal-like pattern, represents growth, new beginnings and blossoming love. The design balances delicate detailing with a refined, modern aesthetic.
Completing the collection, the Royal Circle 9KT Gold Lab-Grown Diamond Mangalsutra features a circular pendant defined by symmetry and intricate detailing. The balanced arrangement lends the design a sense of completeness, while its considered craftsmanship adds a touch of understated elegance.
Extending the collection beyond traditional necklace designs, the Sacred Heart 9KT Gold Lab-Grown Diamond Mangalsutra Bracelet offers a contemporary take on mangalsutra-inspired jewellery. Its delicate heart motif, paired with an infinity-inspired design, reflects the enduring nature of love. Subtle stone detailing adds a hint of sparkle, making it a minimal design suited to everyday styling.
Make Karwa Chauth Special With Palmonas 9KT Gold Mangalsutra Collection
First time In India, Golu Showcase Made Entirely Of Silver and Gold At Challani House Of Silver
MMTC-PAMP Unveils Jyoti 2gm Gold Coin, Celebrating The Spirit Of Dhanteras and Diwali
First time In India, Golu Showcase Made Entirely Of Silver and Gold At Challani House Of Silver
Make Karwa Chauth Special With Palmonas 9KT Gold Mangalsutra Collection
MMTC-PAMP Unveils Jyoti 2gm Gold Coin, Celebrating The Spirit Of Dhanteras and Diwali
-
National News2 hours agoFirst time In India, Golu Showcase Made Entirely Of Silver and Gold At Challani House Of Silver
-
National News2 hours agoMake Karwa Chauth Special With Palmonas 9KT Gold Mangalsutra Collection
-
National News3 hours agoMMTC-PAMP Unveils Jyoti 2gm Gold Coin, Celebrating The Spirit Of Dhanteras and Diwali
-
National News5 hours agoGIA Board Of Governors In India To Discuss Industry Priorities and Expand Grading Services Scope
JewelBuzz is Asia’s First Digital Jewellery Media & India’s No.1 B2B Jewellery Magazine, published by AM Media House. Since 2016, we’ve been the trusted source for jewellery news, market trends, trade insights, exhibitions, podcasts, and brand stories, connecting jewellers, retailers, and industry professionals worldwide.