loader image
Connect with us

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

Published

on

429 Views

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.

Continue Reading
Advertisement JewelBuzz Banner
Click to comment
Subscribe
Notify of
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments

National News

Neha Kishorkumar Shah, Director, Chandukaka Saraf felicitates influencers at Lokmat Women Influencer Awards

At the Lokmat Women Influencer Awards hosted by Lokmat Media Group, Neha Kishorkumar Shah honoured inspiring women leaders across fields, celebrating their impact, creativity, and contributions to society.

Published

on

1,794 Views

On the occasion of International Women’s Day, the Lokmat Media Group hosted the prestigious Lokmat Women Influencer Awards in Pune, celebrating the achievements of inspiring women who have made a meaningful impact across diverse fields.

The awards honoured women who have demonstrated exceptional leadership, innovation, and resilience—whether in business, social service, education, arts, healthcare, media, or community development.

Neha Kishorkumar Shah, Director, Chandukaka Saraf, attended the ceremony as the Guest of Honor and felicitated several distinguished women influencers for their contribution, creativity, and leadership. Neha Kishorkumar Shah is the winner of Women of Vision awards organized by JewelBuzz; a celebration was about honouring visionary women, empowered women of the GJ industry.

The evening brought together inspiring voices from diverse fields, reflecting the strength and influence of women today. A memorable celebration of achievement, inspiration, and the evolving role of women in shaping tomorrow.

Lokmat Media Group reaffirmed its commitment to promoting gender equality and empowering women who are driving meaningful change in their communities and beyond.

Continue Reading

Trending

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.

We would like to hear from you...

GET WHATSAPP NEWS ALERTS

0
Would love your thoughts, please comment.x
()
x