loader image
Connect with us

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

Published

on

524 Views

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.

Continue Reading
Advertisement JewelBuzz Banner
Click to comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

National News

Celebrate Mother’s Day with Zen Diamond’s Tören Collection, Where Celebration Meets Contemporary Design

A contemporary sapphire collection capturing the essence of motherhood

Published

on

1,880 Views

Inspired by “Tören,” meaning celebration or ceremony, the Zen Diamond Tören Collection is a refined tribute to the women we honour this Mother’s Day. Showcasing the striking allure of deep blue sapphires paired with clean, contemporary design, each piece reflects understated elegance. Long associated with wisdom, loyalty, and protection, sapphires mirror the enduring qualities of motherhood. Designed for versatility, the collection offers jewellery that is distinctive, timeless, and effortlessly elegant.

The Tören Collection Bracelet stands out with its fluid precision and minimalist appeal. Crafted in white gold, a fine chain is accented with evenly set sapphires, enhanced by subtle diamond detailing that adds a crisp brilliance. Lightweight yet impactful, it transitions seamlessly from day to evening wear.

The Tören Ring makes a bold yet refined statement, featuring oval-cut sapphires at its centre, framed by delicate diamond accents. Set on a sleek white gold band, the design balances richness with modern simplicity.

The Tören Necklace embodies graceful movement, with pear-shaped sapphires arranged along a diamond-accented vertical bar, creating a fluid cascading effect. Suspended on a fine white gold chain, it offers a look that is both light and distinctive.

Completing the collection, the Tören Earrings present a modern yet elegant silhouette, with curved arrangements of oval-cut sapphires that catch the light beautifully. Diamond accents add a subtle shimmer, enhancing the depth of the sapphires. Set in white gold, these earrings strike a perfect balance between bold design and refined sophistication, ideal for both everyday wear and special occasions.

Continue Reading

Trending

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.

We would like to hear from you...

GET WHATSAPP NEWS ALERTS

0
Would love your thoughts, please comment.x
()
x