Sky Gold and Diamonds Acquisition Worth ₹9 Cr
Sky Gold and Diamonds' board approved acquiring 100% of Purvi Gems & Jewellery for up to ₹9 Crore. Target had ₹103.40 Cr FY26 turnover.
- Value
- ₹9.00 Cr
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Sky Gold and Diamonds' board approved acquiring 100% of Purvi Gems & Jewellery for up to ₹9 Crore. Target had ₹103.40 Cr FY26 turnover.
Sky Gold and Diamonds Ltd provides a weblink for shareholders to access the Annual Report for FY 2025-26, fulfilling Regulation 36(1)(b) requirements.
Sky Gold and Diamonds Limited has announced its 18th Annual General Meeting, scheduled for September 30, 2026, alongside its Annual Report for FY 2025-26.
Sky Gold and Diamonds Limited has appointed M S K A & Associates LLP as its new Statutory Auditor, effective April 1, 2026, for a five-year term.
Sky Gold and Diamonds announced its 18th AGM on 30th September 2026, set a cut-off date of 23rd September, and approved the appointment of new statutory auditors.
Sky Gold delivers a massive 78% YoY revenue beat, pivot to higher-margin advanced and studded jewelry. The CFO highlights turning cash flow positive for the first time, signaling a shift toward financial self-sufficiency.
Sky Gold reported Q1FY27 revenue of ₹2,012.8 Cr (+77.9% YoY) and PAT of ₹104.9 Cr (+140.7% YoY). Strategy shifts toward 'Sky Gold 3.0' focusing on high-margin value-added products and cash flow generation.
Sky Gold and Diamonds Ltd reported revenue from operations of ₹2,013 Cr (+77.9% YoY) and net profit of ₹104.9 Cr (+140.6% YoY) for Q1 FY27.