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GRT Jewellers to acquire 74.12% stake in Tribhovandas Bhimji Zaveri for ₹1,034 crore

BENGALURU, Aug 31 – ​India's Tribhovandas ‌Bhimji Zaveri on ​Monday ⁠said GRT Jewellers India ‌signed a ‌share purchase ‌agreement ⁠to buy ⁠a 74.12% stake ​for up ‌to ₹1,034 crore ($108.66 million), taking ‌control ​of the jewellery retailer. GRT ⁠will also launch ‌an open offer for an additional ‌26% stake, the ​firm said. Copyright© 2026, THG […]

By deepak · August 31, 2026 · 1 min read

BENGALURU, Aug 31 – ​India's Tribhovandas ‌Bhimji Zaveri
on ​Monday ⁠said GRT Jewellers India ‌signed a ‌share
purchase ‌agreement ⁠to buy ⁠a 74.12% stake ​for up ‌to ₹1,034 crore ($108.66 million), taking ‌control ​of the
jewellery retailer.

GRT ⁠will also launch ‌an open offer for an additional ‌26%
stake, the ​firm said.

Copyright© 2026, THG PUBLISHING PVT LTD. or its affiliated companies. All rights reserved.

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