2026-10-26

48056 · Digital India's New Frontiers: IPOs, Cybersecurity, and Global Trade

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Senco Gold Acquires Majority Stake in Melorra for ₹68 Crore

🏢 Corporate↺ from 26 Oct

Senco Gold, a prominent jewelry retailer, has signed an agreement to acquire a **68%** stake in August Jewellery Pvt Ltd, which operates the 'Melorra' brand, for **₹68 crore**. This strategic move aims to expand Senco Gold's presence in the lightweight and fashion-forward jewelry segment.

Corporate Acquisition→Retail Jewelry→E-commerce Strategy

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