07-Oct-2026 13:10:01

SKYGOLDAcquisition and merger

SKY GOLD & DIAMONDS : PURVI GEMS STEP-DOWN SUBSIDIARY ACQUIRES 100% EQUITY SHARES OF PURVI GEMS & JEWELLERY (INDIA) PRIVATE LIMITED

• The acquisition was completed for a cash consideration of ₹9 crores. • Purvi Gems is engaged in the manufacturing of uncut and precia jewellery. • The deal is expected to accelerate growth, enhance product diversification and strengthen Sky Gold's presence in domestic and export markets. • Purvi Gems reported FY26 revenue of ₹1,600-1,800 crore over the next two to three years.

Sky Gold And Diamonds Ltd

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