Shanti Gold International Limited — JV/Acquisition, 01-09-2026: Acquisition
01-09-2026 | 07:02 pm
01-09-2026 | 07:02 pm
Shanti Gold International has completed its second investment tranche in Lalithaa Jewellery Mart, acquiring 42,130 shares for ₹1.11 Cr. This brings Shanti Gold's total stake to approximately 0.03% in the South India-focused jewellery retailer. Lalithaa Jewellery Mart, known for its gold, diamond, and silver offerings, reported impressive FY26 turnover of ~₹25,024 Cr and PAT of ~₹1,010 Cr. This move reflects Shanti Gold's strategic investment in a fast-growing player within the jewellery sector, expanding its investment portfolio with a presence across key southern states.
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