Thangamayil Jewellery promoter Narayanan Balusamy Kumar acquired 925 equity shares through open market purchases on August 31, 2026. The transaction was executed on the National Stock Exchange at a price of ₹5,359.03 per share.

The acquisition brings Kumar’s total holding to 54,57,097 shares, representing 17.5570% of the company’s total voting capital. Prior to this purchase, he held 54,56,172 shares, constituting 17.5541% of the capital.

Disclosure Details

The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and the SEBI (Prohibition of Insider Trading) Regulations, 2015. The filing confirms that none of the acquired shares are encumbered.

The company’s total equity share capital remains unchanged at 31,082,021 shares with a face value of ₹10 each.

Thangamayil Jewellery has opened two new stores in Chennai on August 23, 2026, taking its total store count to over 66 outlets across Tamil Nadu.

Store expansion highlights

The latest openings mark a continued push by Thangamayil Jewellery to deepen its retail presence in Tamil Nadu. The two new stores are located in Mogappair West and Purasaiwakkam, key residential and commercial hubs in the city.

The Mogappair West showroom spans 6,270 sq ft, while the Purasaiwakkam outlet covers 8,746 sq ft. Both locations have been designed to offer a modern shopping experience, featuring collections of gold, diamond, and silver jewellery.

Mr. Ba. Ramesh, Joint Managing Director of Thangamayil Jewellery Limited, stated that these flagship showrooms reflect the company's commitment to offering an unparalleled jewellery shopping experience with fine craftsmanship and transparency.

With over 66 stores now operational in Tamil Nadu, Thangamayil Jewellery continues to expand its footprint across the state. The company, headquartered in Madurai, currently boasts a total operating area of approximately 149,000 square feet across Tamil Nadu.