CCI approves acquisition of additional shareholding in CaratLane by Titan

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....CI approves acquisition of additional shareholding in CaratLane by Titan <br>News and Press Release<br>Dated:- 21-11-2023<br><BR>The Competition Commission of India (CCI) has approved acquisition of a....

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....dditional shareholding in CaratLane Trading Private Limited (CaratLane) by Titan Company Limited (Titan), today. The proposed combination relates to the acquisition by Titan of 27.18% share capital o....

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....f CaratLane (a subsidiary of Titan), on a fully diluted basis, from Mr. Mithun Padam Sacheti, Mr. Siddhartha Padam Sacheti, and Mr. Padamchand Sacheti. Titan, a public listed company, is active in se....

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....veral business through lifestyle brands including, jewellery, eyecare, fragrances, fashion accessories, and Indian dress wear. CaratLane is a private limited company engaged in the business of manufa....

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....cture and sale of gems and jewellery in India. Detailed order of the CCI will follow.<BR> News - Press release - PIB....