Warburg Pincus exits Kalyan Jewellers, sells 2.36% stake to promoter TS Kalyanaraman

August 22, 2024

Warburg Pincus exited Kalyan Jewellers on Thursday, selling a 2.36% stake to promoter T S Kalyanaraman and 6.81% via a block deal. Warburg Pincus had reduced its holding from 30% since 2014 as part of a strategic divestment.

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