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 Promotes Export Opportunities and IIJS Bharat Premiere 2026 At Warangal Retailers’ Connect
The Event, Held With The Support Of The Warangal Bullion Jewellery & Diamond Merchants Association, 121 Retailers From The Region Attended
GJEPC organised the IIJS Bharat Premiere 2026 Retailers’ Connect Roadshow in Warangal, Telangana on 17 July, bringing together 121 retailers from the region. The event, held with the support of the Warangal Bullion Jewellery & Diamond Merchants Association (WBJDMA), focused on export opportunities for jewellers and encouraged participation in IIJS Bharat Premiere 2026.
Surya Narayanan, Regional Director – South, GJEPC, conducted a session on export awareness, outlining the steps for retailers to enter international markets and explaining the fiscal benefits and support available to MSMEs through GJEPC and government initiatives.
Vicky Moolchandani, Manager, National Events, GJEPC, presented an overview of IIJS Bharat Premiere 2026, highlighting the exhibition’s global sourcing opportunities, international buyer participation and business networking platform.
GJEPC also briefed participants on the benefits available to members of the WBJDMA. The session generated strong interest, resulting in on-the-spot visitor registrations and 40 confirmed buyers opting for the premium Association Visitor Registration (AVR) package.
The roadshow forms part of GJEPC’s nationwide outreach programme to strengthen retailer engagement, expand export awareness and increase participation in IIJS Bharat Premiere 2026.
GJEPC Promotes Export Opportunities and IIJS Bharat Premiere 2026 At Warangal Retailers’ Connect
FIFA Unveils First-Ever 18K Gold Diamond Championship Rings to celebrate Spain’s World Cup Victory
MCX Gold, Silver Futures Surge
MCX Gold, Silver Futures Surge
FIFA Unveils First-Ever 18K Gold Diamond Championship Rings to celebrate Spain’s World Cup Victory
GJEPC Promotes Export Opportunities and IIJS Bharat Premiere 2026 At Warangal Retailers’ Connect
-
National News1 hour agoMCX Gold, Silver Futures Surge
-
BrandBuzz35 minutes agoFIFA Unveils First-Ever 18K Gold Diamond Championship Rings to celebrate Spain’s World Cup Victory
-
National News20 minutes agoGJEPC Promotes Export Opportunities and IIJS Bharat Premiere 2026 At Warangal Retailers’ Connect
-
National News3 hours agoThis Ashadh, Maharashtra’s Greatest Walk Of Faith Becomes A Jewel: PNGS Unveils ‘Waricha Suvarnasaj’
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.