GRT Jewellers set to acquire 74.12% stake in Tribhovandas Bhimji Zaveri for up to Rs 1,034 cr

GRT will make an open offer for the remaining 26% stake in TBZ, subject to regulatory approvals and completion conditions Mumbai: GRT Jewellers India Private Limited (GRT) has signed a share purchase agreement (SPA) with the promoters of Tribhovandas Bhimji Zaveri Limited (TBZ) to acquire their 74.12% stake in the listed jewellery company for an [...] The post GRT Jewellers set to acquire 74.12% stake in Tribhovandas Bhimji Zaveri for up to Rs 1,034 cr first appeared on The Retail Jeweller .