SKY GOLD AND DIAMONDS LIMITED (SKYGOLD)
Press Release
Sky Gold & Diamonds completed acquisition of 100% equity in Purvi Gems on Oct 7, 2026 for ₹9 Cr cash, 1.5x book value. Purvi Gems specializes in lightweight uncut and studded jewellery, enhancing Sky Gold's product diversification and export reach. Expected annual revenue from Purvi Gems is ₹1,600-1,800 Cr over 2-3 years. Management continuity assured with Purvi Gems team overseeing integration. Acquisition aligns with Sky Gold's strategy of growth via value-added product acquisitions.
Source: Original filing PDF
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Revenue: ₹2,35,800 Cr (+12% YoY)
PAT: ₹19,200 Cr (+17% YoY)
EBITDA margin: 16.8%
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