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The Competition Commission of India approved GRT Jewellers’ acquisition of a 74.12% stake in Tribhovandas Bhimji Zaveri for ₹1,034 crore. The companies signed a Special Purchase Agreement in August.
The Competition Commission of India approved GRT Jewellers (India) Private Limited's proposed acquisition of a 74.12% stake in listed Tribhovandas Bhimji Zaveri Limited. The regulator said a detailed order would follow.