Thangamayil Gold & Diamond Private Limited has announced the acquisition of 4,250 equity shares in Thangamayil Jewellery Limited. This transaction, valued at approximately ₹2.24 crore, represents a minor increase in their shareholding to 5.48987% of the total voting capital. The purchase was executed on August 7, 2026, through open market purchases at an average price of ₹5,270.3059 per share.
Share Acquisition Announcement
Thangamayil Gold & Diamond Private Limited has formally disclosed the acquisition of a small additional stake in Thangamayil Jewellery Limited. The company purchased 4,250 equity shares of Thangamayil Jewellery Limited on August 7, 2026, through open market transactions. This acquisition represents a fractional increase in their overall holding.
Transaction Details
The acquisition was conducted at an average price of ₹5,270.3059 per share, with each share having a face value of ₹10. Following this transaction, Thangamayil Gold & Diamond Private Limited’s total holding in Thangamayil Jewellery Limited now stands at 17,06,363 shares, accounting for 5.48987% of the total equity share capital. The total value of the acquired shares is approximately ₹2.24 crore.
Reporting Compliance
This disclosure is made in compliance with the requirements pertaining to substantial acquisition of shares and takeovers. The information details the change in shareholding, which is a routine disclosure for significant entities involved in the equity markets. The company confirms that these shares were acquired on the open market, indicating a transparent transaction process.
Source: BSE
