Browsing: Tribhovandas Bhimji Zaveri

The Competition Commission of India has approved GRT Jewellers’ proposed acquisition of Tribhovandas Bhimji Zaveri, clearing a key regulatory hurdle for the transaction.

GRT Jewellers has agreed to acquire a 74.12% controlling stake in 162-year-old TBZ for up to ₹1,033.71 crore, alongside a mandatory open offer to public shareholders.