SKY GOLD & DIAMONDS : BOARD APPROVES ACQUISITION OF PURVI GEMS & JEWELLERY

• The Board of Directors has approved the acquisition of 100% of the issued, subscribed and paid-up share capital of Purvi Gems & Jewellery (India) Private Limited • The aggregate cash consideration for the acquisition is up to ₹9 Crores • Purvi Gems & Jewellery has a turnover of approx. ₹103.40 Crores as on 31st March 2026 • The acquisition aims to expand market share, customer segments, and diversify the product portfolio • The acquisition is expected to be completed on or before 30th November 2026 • The entity is engaged in the manufacturing of jewellery and related articles

SKY GOLD AND DIAMONDS LIMITED

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