TBZ: GRT JEWELLERS TO ACQUIRE 74.12% STAKE 🚀
🤝 GRT Jewellers India to acquire 74.12% promoter stake in Tribhovandas Bhimji Zaveri (TBZ).
💰 Deal value: Up to ₹1,033.71 Cr
📈 Transaction will trigger an open offer for ~26% stake from public shareholders.
🏪 Acquisition gives GRT access to TBZ’s 162-year-old jewellery brand and 37-store network.
💍 GRT operates 68 stores in India + 1 in Singapore.
⏳ Deal subject to regulatory approvals and customary closing conditions.
August 31, 2026 202
