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
Novel Jewels’ Aneesh H. Kumarr Inaugurates Tanvi Group’s NPIM 2026 At Bharat Ratnam Mega CFC
Tanvi Group successfully inaugurated NPIM 2026, India’s biggest Pre-IIJS exclusive jewellery preview, at the Bharat Ratnam Mega CFC, SEEPZ, Mumbai, bringing together leading jewellers, manufacturers and industry professionals under one roof.
The inauguration ceremony was graced by Aneesh H. Kumarr, Head – New Product Development, Novel Jewels, attended as the Chief Guest and officially inaugurated the event in the presence of Bipin Viradiya, Founder & Chairman, Tanvi Group & Family, and other industry dignitaries.
NPIM 2026 showcased an impressive range of new product innovations and exclusive jewellery collections from YUG, AARU, and Tanvi & Co. The preview offered visitors an early glimpse into the latest trends and designs set to make an impact at the upcoming IIJS Bharat Premiere 2026 exhibition.
The successful inauguration reaffirmed Tanvi Group’s commitment to creating a strong platform for innovation, business networking and industry growth ahead of one of the country’s largest jewellery trade exhibitions.
Novel Jewels’ Aneesh H. Kumarr Inaugurates Tanvi Group’s NPIM 2026 At Bharat Ratnam Mega CFC
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