Sky Gold And Diamonds , a prominent player in the gold and diamond industry, has made a strategic move to strengthen its market position by acquiring 100% shareholding in Ganna N Gold Private Limited. The company has allotted 60,95,074 equity shares at Rs 369.00 per share on a preferential basis to finance this acquisition, valued at Rs 224.91 crores.

Key Details of the Acquisition

• Share Allotment: Sky Gold Limited issued 60,95,074 equity shares at Rs 369.00 per share.
• Consideration: The shares were issued for consideration other than cash, in exchange for 10,000 equity shares of Ganna N Gold Private Limited.
• Total Value: The deal is valued at Rs 224.91 crores.
• Allottees: The shares were equally distributed between two non-promoter individuals:
  • Mr. Jinesh Navratanmal Ganna: 30,47,537 shares
  • Mr. Vikas Navratanmal Ganna: 30,47,537 shares

Impact on Sky Gold Limited's Capital Structure

The preferential allotment has led to a significant change in Sky Gold Limited's capital structure:

Regulatory Compliance and Approvals

Sky Gold Limited has ensured compliance with all necessary regulatory requirements:

• The allotment was approved by the Board of Directors through a resolution passed by circulation on July 30, 2025.
• Prior shareholder approval was obtained through a postal ballot.
• In-principle approvals were received from both BSE Limited and National Stock Exchange of India Limited (NSE) on July 18, 2025.

Future Steps

Sky Gold Limited will be applying for listing and trading approval for the newly allotted shares with the stock exchanges. The company has stated that these newly allotted shares will rank pari-passu in all respects with the existing equity shares of the company.

Investor Relations

In a separate announcement, Sky Gold Limited has informed that its management will be interacting with investors and analysts in an in-person meeting scheduled for August 7, 2025. The company has emphasized that no Unpublished Price Sensitive Information (UPSI) will be shared during this meeting.

This acquisition marks a significant step for Sky Gold Limited, potentially enhancing its market presence and operational capabilities in the gold and diamond sector. Investors and market analysts will be keenly watching how this strategic move impacts the company's future performance and market position.

Sky Gold And Diamonds , a prominent player in the gold industry, has announced an aggressive growth strategy aimed at significantly boosting its revenue and production capacity over the next few years. The company's management shared these ambitious targets during a recent earnings call, outlining a clear roadmap for expansion and improved profitability.

Revenue Projections

Sky Gold And Diamonds has set its sights on achieving substantial revenue growth:

• FY26 Target: Rs. 5,400.00 crore
• FY27 Target: Rs. 7,600.00 crore

These projections demonstrate the company's confidence in its growth potential and market positioning.

Profitability Goals

Alongside revenue growth, Sky Gold And Diamonds is focusing on enhancing its profitability:

• PAT (Profit After Tax) Margins: Expected to reach 4.25-4.50% by FY27
• Growth Pattern: The company anticipates steady quarterly growth in profitability

Production Capacity Expansion

To support its ambitious revenue targets, Sky Gold And Diamonds plans to significantly increase its production volumes:

This planned increase in production capacity underscores the company's commitment to meeting growing demand and achieving its revenue goals.

Export Revenue Focus

Sky Gold And Diamonds is also placing a strong emphasis on expanding its export business:

• FY26 Target: 17-20% of total revenue from exports
• FY27 Target: 25% of total revenue from exports

This focus on increasing export contribution indicates the company's strategy to diversify its revenue streams and tap into international markets.

Strategic Implications

Sky Gold And Diamonds' ambitious growth plans reflect a confident outlook on the gold industry's future and the company's ability to capture a larger market share. The combination of increased production capacity, improved profitability, and a greater focus on exports suggests a multi-pronged approach to achieving sustainable growth.

As the company moves forward with these plans, investors and industry observers will likely keep a close watch on Sky Gold And Diamonds' ability to execute its strategy and meet these ambitious targets in the face of market dynamics and potential challenges in the gold sector.