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CaratLane Trading is an unlisted entity and its turnover in FY23 stood at Rs 2,177 crore. It also operates in the manufacture and sale of jewellery ....
The Tata group-managed firm expects acquisition to be completed by October 31, 2023, subject to the timely receipt of requisite regulatory approvals from the Competition Commission of India ....
Titan has entered into a share purchase agreement with CaratLane founders and their family members to acquire all the shares held by them representing 27.18 per cent ....
Titan to acquire additional 27.2% in CaratLane for ₹4,621 crore to raise stake to 98.28% thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.