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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

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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.

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Ananya Jewels Expands Beyond Bengaluru With The Launch Of Its Store In Hyderabad

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Ananya Jewels, a brand defined by its distinctive design philosophy, bespoke craftsmanship and highly personalised client experience, has opened its first boutique in Hyderabad’s vibrant Kavuri Hills. The opening marks the brand’s first expansion beyond Bengaluru.

Designed as a boutique rather than a conventional jewellery showroom, the Hyderabad store offers a warm, intimate setting where every client receives a highly personalised experience. The space showcases Ananya Jewels’ signature collections of contemporary diamond jewellery, alongside bespoke creations, engagement rings, bridal jewellery, solitaire pieces and everyday fine jewellery. Every collection reflects the brand’s distinctive design philosophy, exceptional craftsmanship and commitment to certified diamonds, offering clients jewellery that is as timeless as it is thoughtfully designed.

Rohan Hemdev, Director, Ananya Jewels said:

“We don’t see Hyderabad as our second store. We see it as the beginning of our relationship with the city. Over the years, we’ve admired Hyderabad’s appreciation for fine craftsmanship and beautifully made jewellery. Increasingly, we’re also seeing a growing appreciation for contemporary, thoughtfully designed diamond jewellery, making it a natural extension of the philosophy on which Ananya was built. As we take this next step, our commitment remains unchanged – to build lasting relationships with every client and create jewellery that is deeply personal, timeless and meaningful.”

Dheeraj Hemdev, Director, Ananya Jewels said :

“From the very beginning, our vision has been to create more than a jewellery store – we wanted to create a destination where clients feel comfortable taking their time, exploring distinctive designs and collaborating with us to create pieces that truly reflect their personality. Our Hyderabad boutique has been designed with that same philosophy, bringing together thoughtful design, exceptional craftsmanship and a highly personalised experience. We look forward to becoming a part of our clients’ most cherished milestones and building relationships that last for generations.”

As Ananya Jewels begins its journey in Hyderabad, the brand remains committed to the philosophy that has guided it for nearly two decades – creating thoughtfully designed diamond jewellery that is as enduring in its craftsmanship as it is timeless in its appeal.

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