Shanti Gold International Acquires Stake in Lalithaa Jewellery Mart for ₹1.11 Crore
Shanti Gold International Limited acquired 42,130 equity shares in Lalithaa Jewellery Mart Limited for ₹1.11 crore. This second tranche brings the total holding to 1,86,947 shares (0.03%). Lalithaa Jewellery Mart reported FY26 turnover of ₹25,023.93 crore and PAT of ₹1,009.82 crore.
The investment amount is significant for Shanti Gold International, but the acquired stake represents a very small percentage of the target company's equity, suggesting a strategic investment rather than a controlling stake.
The company has successfully completed an acquisition, increasing its investment in another entity. This indicates strategic growth and expansion.
Shanti Gold International Limited has announced the successful completion of its second tranche of investment in Lalithaa Jewellery Mart Limited. The company acquired 42,130 equity shares at a weighted average price of ₹261.10 per share, for an aggregate consideration of ₹1,10,78,194 (Rupees One Crore Ten Lakhs Seventy-Eight Thousand One Hundred and Ninety-Four only), inclusive of brokerage, taxes, and other levies.
This investment brings Shanti Gold International's total holding in Lalithaa Jewellery Mart Limited to 1,86,947 equity shares, representing approximately 0.03% of the paid-up equity share capital. Lalithaa Jewellery Mart Limited is a South India-focused jewellery retailer incorporated in 1985, with its shares listed on BSE and NSE on August 24, 2026. As of March 31, 2026, the company reported a turnover of ₹2,50,239.27 million (₹25,023.93 crore) and a Profit After Tax of ₹10,098.17 million (₹1,009.82 crore) for FY 2025-26.
The acquisition, completed with a settlement date of September 01, 2026, is part of Shanti Gold International's investment activities and is conducted through the secondary market. The consideration was in cash, and the transaction does not involve related parties.
A plain-language summary of a public exchange filing by Shanti Gold International Limited. Read the original for the full detail.