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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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National News

This Men’s Day, say it with Candere: Jewellery Gifts he didn’t know he needed

Candere by Kalyan Curates Contemporary Diamond, Gold and Platinum Jewellery for Meaningful Men’s Day Gifting

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Finding the perfect gift for the men in our lives can often be a challenge, especially when they seem to have everything. With International Men’s Day around the corner, it is an opportunity to look beyond the usual watches, wallets and fragrances and choose something more personal and enduring. Men’s jewellery has increasingly become a part of contemporary style, with bracelets, rings, chains and ear studs emerging as versatile accessories that allow men to express their individuality. From understated everyday pieces to more distinctive designs, jewellery can add character to an outfit while reflecting one’s personal style.

This Men’s Day, celebrate the special men in your life with jewellery that is as individual as they are. From diamond bracelets and contemporary rings to platinum chains and kadas, Candere by Kalyan offers a curated selection of pieces that bring together contemporary design, versatile styling and thoughtful gifting. After all, sometimes the most meaningful way to celebrate someone is to give them something that reflects who they are — Say it with Candere.

Here’s a curated edit of Diwali gifts from Candere by Kalyan to make the occasion more memorable:

Royal Diamond Mens Bracelet

The Royal Diamond Men’s Bracelet combines the classic appeal of gold with striking diamond detailing and a distinctive black centrepiece. Its contemporary design adds a refined touch to men’s everyday styling, making it a versatile accessory for both formal and casual occasions. Pair it with a crisp shirt and tailored trousers for a polished look or style it with a casual T-shirt and jeans for a relaxed weekend ensemble. Wear it on its own for a clean, understated finish or alongside a watch for a more layered look.

Alex Diamond Mens Ring

The Alex Diamond Men’s Ring brings together a classic gold finish with contrasting black detailing and diamond accents in a contemporary design. Its distinctive appearance makes it an interesting choice for men who enjoy adding subtle yet noticeable details to their outfits. Style it with a formal shirt or a well-fitted blazer for an evening gathering or pair it with a casual ensemble to add character to everyday dressing. Keep other accessories minimal to let the ring stand out.

Luke Diamond Ear Stud for Men

The Luke Diamond Ear Stud for Men offers a contemporary take on men’s jewellery with its diamond detailing. Its compact design makes it an easy addition to everyday styling while bringing a subtle touch of sparkle to the overall look.

Pair it with a casual shirt, denim jacket or a simple T-shirt for an effortless everyday look. It can also complement a smart-casual outfit for an evening out, adding a distinctive finishing touch without overpowering the ensemble.

Jeff Platinum And Diamond Chain

The Jeff Platinum and Diamond Chain brings together the sophisticated appeal of platinum with sparkling diamond detailing. Its contemporary design offers a refined approach to men’s jewellery, making it a distinctive addition to both every day and occasion wear.

Wear it with a solid-coloured shirt or a simple T-shirt to let the chain stand out. For a more dressed-up look, pair it with a blazer or an open-collar shirt, keeping the rest of the accessories understated.

Twin Arrow Platinum Kada

The Twin Arrow Platinum Kada brings a contemporary touch to the traditional kada with its platinum finish and distinctive design. Its clean silhouette makes it an appealing choice for men who appreciate accessories that balance classic styling with a modern aesthetic.

Pair it with a kurta for a family celebration or style it with a shirt and trousers for a smart-casual look. Wear it on its own to highlight its design or alongside a watch for a more personalised approach to wristwear.

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