Senco Gold to Acquire 68% Stake in Melorra Operator for Rs 68 Crore
Senco Gold signed agreements to acquire a 68% stake in August Jewellery, which operates the Melorra brand, for Rs 68 crore. The investment will be made in multiple tranches, with completion targeted by February 2027, subject to specified conditions.
The investment in August Jewellery will be made in multiple tranches, with completion targeted by February 2027, subject to specified conditionsSenco Gold has signed agreements to acquire a 68 per cent stake in August Jewellery, which operates the Melorra brand, for Rs 68 crore, according to a regu…