Titan Company has announced that Signature Jewellery Holding Limited, UAE, has become its new step-down subsidiary. This development follows Titan Holdings International FZCO’s acquisition of Signature Jewellery. The move aims to consolidate and expand Titan’s jewellery business in the GCC countries, as part of the company’s long-term strategic objectives. The Proposed Transaction would be completed on or before 31st January 2026.
Subsidiary Acquisition
Signature Jewellery Holding Limited, based in the UAE, is now a step-down subsidiary of Titan Company Limited. This change occurred after Titan Holdings International FZCO acquired Signature Jewellery.
Strategic Rationale
This acquisition is part of a broader strategy to enhance Titan’s presence and business operations in the Gulf Cooperation Council (GCC) countries. Signature Jewellery will act as a holding company for the entire jewellery business of Damas, once the Proposed Transaction is completed.
Damas Acquisition Details
Titan Holdings International FZCO has agreed to acquire 67% of Damas jewellery business in GCC countries, which is currently housed under Damas LLC UAE. The remaining 33% will be acquired after December 31, 2029, subject to agreed terms and conditions.
Timeline for Completion
The Proposed Transaction, which includes Signature Jewellery becoming the holding company, is expected to be completed on or before 31st January 2026.
Share Transfer Information
The transfer of shares was officially entered in the register of members by the Dubai International Financial Centre (DIFC) on October 9, 2025. The company received the official intimation regarding this on October 27, 2025.
About Signature Jewellery
Signature Jewellery Holding Limited is a holding company for jewellery businesses in GCC countries. It was incorporated during the current year in Dubai International Financial Centre (DIFC), UAE.
Source: BSE
