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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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IAGES Celebrates A Power-Packed Day 1 At IIJS Bharat Premiere 2026, Mumbai With Accreditation Recognition Presentation

IAGES Recognises Industry Leaders for Excellence, Quality and Trust at IIJS Bharat Premiere 2026

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The Indian Association for Gold Excellence and Standards (IAGES) marked a highly successful and action-packed Day 1 at IIJS Bharat Premiere 2026, recognizing jewellery businesses that successfully completed and cleared the IAGES assessment and accreditation process.

At the IAGES booth, accreditation certificates were formally presented to prominent jewellers and industry participants in recognition of their commitment to quality, transparency, and industry excellence.

Among the recipients were:

  • Rajesh Rokde – Rokde Jewellers
  • Mansukhbhai Kothari – Vasupati Jewellers
  • Narayan Debnath & Nanda Dulal Debnath – Radha Krishna Jewellery
  • Mohit Adesara – Leela Manufacturers

The certificate presentation ceremony underscored IAGES’ gaining momentum to strengthen trust and elevating standards across the gems and jewellery industry through its accreditation framework.

Speaking on the occasion, Kaushlendra Sinha, CEO, Indian Association for Gold Excellence and Standards (IAGES), expressed his appreciation for the overwhelming response received from industry stakeholders on the opening day of IIJS Bharat Premier 2026. He congratulated the accredited gold business entities for successfully completing the assessment process and achieving this significant milestone, noting that IAGES accreditation serves as a testament to an organization’s dedication to excellence, ethical business practices, and consumer confidence.

With strong participation and enthusiastic engagement from exhibitors and visitors alike, Day 1 proved to be a power-packed start for IAGES at IIJS Bharat Premier 2026.

IAGES extends its heartfelt congratulations to all accredited participants and remains committed to fostering excellence, quality, and trust within India’s gold business sector.

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