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Sky Gold Limited has announced a board meeting outcome with key decisions, including the investment in a wholly owned subsidiary, Sitaara Gold & Diamonds Limited, with an authorized capital of ₹10 lakh. The board also appointed Mr. Bharat Jhaveri as a Non-Executive, Independent Director, bringing extensive experience from roles in major jewellery firms. These moves aim to bolster growth and brand positioning in the industry. This development may enhance investor sentiment due to the strategic expansion and addition of seasoned leadership, presenting potential opportunities for future growth.