What was filed
Sky Gold and Diamonds Limited (formerly Sky Gold Limited) told the exchanges that, on 7 October 2026, it completed the acquisition of 100% of the issued, subscribed and paid-up equity share capital of Purvi Gems & Jewellery (India) Private Limited from its existing shareholders. As a result, Purvi Gems & Jewellery has become a wholly-owned subsidiary of the company.
Context from the filing
The completion follows an earlier intimation dated 18 September 2026, in which the company had disclosed its proposal to acquire the full share capital of Purvi Gems & Jewellery. The company stated that there is no change in the details of the transaction as previously disclosed. This filing does not restate the terms — it records only that the deal, as earlier announced, has now closed.
Why it matters to a holder
The filing marks the move from announced intention to completed transaction: Purvi Gems & Jewellery is now a subsidiary whose results will consolidate into Sky Gold's accounts. The consideration, financials of the acquired entity and other transaction specifics are not contained in this intimation, which refers holders back to the 18 September disclosure.