Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, we would like to inform you that M/s Starmangalsutra Private Limited, a wholly owned subsidiary of the Company has executed a Partnership Agreement today i.e., on Thursday, 11th December, 2025 with M/s Shri Rishabh Gold for acquisition of 51% of partnership interest in the said firm.
SKYGOLD · price
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SKY Gold and Diamonds has informed the stock exchange that its wholly owned subsidiary, Starmangalsutra Private Limited, has signed a partnership agreement with Shri Rishabh Gold. Under this deal, the subsidiary will acquire a 51% partnership interest in the firm, giving the company majority control. The agreement was executed on December 11, 2025. The transaction is being carried out through a partnership route rather than a typical share purchase. This move is aimed at expanding the company's presence in the gold and jewellery value chain through inorganic growth.
This is a growth-oriented acquisition that could add to revenues and strengthen SKY Gold's market position in the gold and diamonds segment. Investors may view it positively as a step towards business expansion, though deal valuation and integration details will be key to watch.