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
GJEPC Completes 9th Export Training Programme In Delhi
The Three-Day Programme Equipped Aspiring Exporters With Practical Knowledge On Export Procedures, Compliance, Government Schemes and Global Market Opportunities, While Highlighting GJEPC’s Export Promotion Initiatives.
Programme brought together 12 participants, including entrepreneurs, aspiring exporters and industry professionals.
GJEPC has concluded the ninth batch of its three-day training programme, How to Begin Gem & Jewellery Exports, aimed at equipping aspiring exporters with the knowledge and practical skills needed to enter international markets.
Organised by the GJEPC Regional Office, Delhi, the programme brought together 12 participants, including entrepreneurs, aspiring exporters and industry professionals. The training covered key aspects of the export business, including export procedures, documentation, the Foreign Trade Policy, export compliance, government schemes, market development and opportunities in overseas markets. Participants also gained practical insights into navigating international trade and expanding their global reach.
The sessions were led by Ranjan Upreti, Foreign Trade Consultant, alongside Council Secretariat officials Mithlesh Pandey, Ashish Sakhardande, Ashutosh Srivastava and Sanjay Madaan, who shared their expertise on various aspects of the export ecosystem.
Participants were also introduced to GJEPC’s export promotion initiatives and support services, including market facilitation, capacity-building programmes, trade promotion activities and international networking opportunities designed to help businesses expand overseas.
The programme concluded with a valedictory session, where Antarpal Singh Sawhney, Regional Chairman – North, GJEPC, presented certificates to the participants. Addressing the attendees, he stressed the importance of compliance, due diligence, ethical business practices and effective risk management in building sustainable export businesses.
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