Shanti Gold International Limited — JV/Acquisition, 31-08-2026: Acquisition

Shanti Gold International has acquired 1,44,817 equity shares, representing a 0.03% stake, in Lalithaa Jewellery Mart Limited for Rs. 3.88 Cr. This investment targets a leading South India-focused jewellery retailer, known for gold, diamond, platinum, and silver jewellery. Lalithaa Jewellery reported a turnover of Rs. 25,023.93 Cr and profit after tax of Rs. 1,009.82 Cr for FY26, showing strong growth. This move aligns with Shanti Gold's investment strategy, taking a small position in a profitable player within the broader jewellery sector. The deal size is minor compared to the target's scale.