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
Farah Khan Fine Jewellery Celebrates Raksha Bandhan With Timeless Gifts Of Love
Celebrate The Bond Of Sibling Love With Timeless Jewellery
This Raksha Bandhan, Farah Khan Fine Jewellery presents a curated selection of timeless pieces that celebrate the enduring bond between siblings. The collection features thoughtfully crafted jewellery pieces designed to celebrate the bond of Raksha Bandhan and be treasured for years to come.
Crafted in precious gold and adorned with exquisite diamonds and gemstones, each piece blends modern elegance with fine craftsmanship, making it the perfect expression of love and appreciation.
As gifting becomes increasingly personal, fine jewellery continues to be a meaningful way to commemorate special relationships. This Raksha Bandhan, celebrate your sibling with a gift that reflects the beauty of your bond and creates memories that last a lifetime
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