Sky Gold Promoters Offload 5% Stake; Stock Under ASM Scrutiny 21 hours ago Yesterday
Promoters of Sky Gold And Diamonds sold over 5% stake through block deals, with Bank of India Mutual Fund acquiring 7.8 lakh shares. The stock is now under Stage 3 of Additional Surveillance Measure (ASM), requiring 100% upfront margin and imposing a 5% circuit filter. Shares closed at ₹344.00, down 5% for the day and 30% from recent highs.
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More news about Sky Gold And Diamonds
11Apr 25
Sky Gold and Diamonds Secures Major Recurring Export Order, Boosting Business Prospects
Sky Gold and Diamonds Limited has secured a significant recurring export order of 200 kg of jewellery products per month from a renowned industry player. The order includes advance payments, which will improve the company's working capital cycle. This development is expected to enhance the company's market position, strengthen customer relationships, and positively impact operational performance in coming quarters.
02Apr 25
Sky Gold and Diamonds to Establish Wholly Owned Subsidiary in Dubai, Eyeing Export Growth
Sky Gold and Diamonds Limited, an Indian jewelry manufacturer, plans to set up a wholly owned subsidiary in Dubai, UAE. The company will invest Rs. 50 lakhs in this venture, aiming to boost export revenues and expand internationally. The subsidiary is expected to be incorporated within 2-3 months, subject to approvals. This move aligns with the company's 'Make-in-Bharat for the World' vision and targets the strong demand for high-quality jewelry in the Middle East.
27Mar 25
Sky Gold Ltd Rebrands as Sky Gold and Diamonds Ltd, Announces Trading Window Closure
Sky Gold Ltd, a key player in lightweight gold jewelry, will change its name to Sky Gold and Diamonds Ltd on April 3, following board approval and regulatory clearances. The company reported strong Q3 sales driven by wedding season demand. A trading window closure has been announced from April 1, 2025, until 48 hours after the declaration of FY2025 financial results, in compliance with SEBI regulations.