Sky Gold to acquire 100% of Purvi Gems for up to Rs 9 Cr cash

Listed Co AcquisitionStrategic Transactions View source PDF Explain this filing

SKYGOLD · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.7%Reaction day

₹791.15

prior close

₹794.00

announcement price

After-mkt

timing

Nifty Microcap 250market+1.6%-2.3% vs market

Gems Jewellery And Watches peers, median of 29sector+1.6%-2.3% vs sector

On the reaction day the stock moved 2.3 pts less than Nifty Microcap 250 and 2.3 pts less than its Gems Jewellery And Watches peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.1

10m

+0.0

15m

+0.1

30m

+0.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.7+1.6-2.3+1.6-2.3

Next day

+0.1+1.5-1.4+0.7-0.6

+1.6+1.9-0.3+1.3+0.3

+0.1+3.2-3.1+2.2-2.0

-0.8+1.7-2.5+0.0-0.8

+0.4+2.0-1.6+2.3-1.9

+4.5+1.4+3.2+1.0+3.5

15d

+22.2-0.8+23.0-1.0+23.2

+30.5-2.5+33.0+0.3+30.2

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UpDownMarket · Nifty Microcap 250Sector · Gems Jewellery And Watches peers, median of 29Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Board of Sky Gold and Diamonds approved acquiring 100% of Purvi Gems and Jewellery India Pvt Ltd for cash consideration up to Rs 9 Crores. Target makes lightweight jewellery and posted turnover of about Rs 103.40 Cr in FY25-26, up from Rs 78.95 Cr in FY24-25. The deal is not a related party transaction. Acquisition aims to expand market share, customer segments and product portfolio in gems and jewellery. Expected to close by 30 November 2026.

Likely market impact

Acquisition expands jewellery portfolio and revenue base. Target adds around Rs 103 Cr turnover, boosting consolidated growth.