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Sky Gold and Diamonds Limited has completed its previously announced 100% acquisition of Purvi Gems & Jewellery (India) Private Limited, which is now a wholly-owned subsidiary.
Sky Gold & Diamonds completes acquisition of Purvi Gems for ₹9 Crore cash consideration. The deal adds lightweight uncut and studded jewellery manufacturing to its portfolio.
Sky Gold and Diamonds' board approved acquiring 100% of Purvi Gems & Jewellery for up to ₹9 Crore. Target had ₹103.40 Cr FY26 turnover.