Senco Gold Limited has informed the Exchange about Updates on Acquisition
SENCO · price
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Senco Gold Limited is acquiring equity shares of August Jewellery Private Limited (AJPL), which operates the Melorra brand. The transaction, originally expected to close by 30th April 2026, has been delayed. The company has now extended the expected completion date to 30th June 2026 while maintaining the same terms and conditions as previously disclosed in January 2026. The transaction process is still underway.
The timeline extension indicates the acquisition process is taking longer than anticipated, but the unchanged terms suggest no fundamental changes to the deal structure. Shareholders should monitor for final completion, as the Melorra brand acquisition could expand Senco Gold's digital and fashion jewellery presence.