Titan Company has completed the acquisition of the remaining 67% stake in Damas Jewellery business through its subsidiary, Signature Jewellery Holding Ltd. This acquisition, initially announced on July 21, 2025, and October 28, 2025, positions Signature Jewellery as the holding company for Damas Jewellery, with the remaining 33% held by MC International Limited.
Acquisition Completion
Titan Company has finalized the acquisition of a 67% stake in the Damas Jewellery business. This was executed through Titan Holdings International FZCO, UAE (“Titan Holdings”), a wholly-owned subsidiary. Signature Jewellery Holding Ltd. will operate the Damas Jewellery business in the GCC countries.
Signature Jewellery’s Role
Following this acquisition, Signature Jewellery now holds the controlling stake in Damas Jewellery business. The remaining 33% stake is held by MC International Limited, which is a wholly-owned subsidiary of Mannai Corporation QPSC, Qatar.
Source: BSE
