Shanti Gold International buys 1.44 lakh shares in Lalithaa Jewellery Mart for ₹3.88 crore

Shanti Gold International secured an equity stake in its major retail client, Lalithaa Jewellery Mart, through the purchase of 1.44 lakh shares. The strategic market buy of ₹3.88 crore follows Lalithaa’s successful listing on the stock exchanges on August 24, 2026. This development aligns with Shanti Gold’s robust expansion phase, fueled by a recent Rights Issue and massive volume expansion from its newly commenced Marol production facility.

The tactical acquisition of equity in Lalithaa Jewellery Mart by Shanti Gold International highlights an active vertical alignment in India’s luxury gold jewellery supply chain. Lalithaa has long been a core client of Shanti Gold’s 22kt CZ casting jewellery lines. Taking an equity interest immediately following Lalithaa’s successful listing on August 24, 2026, cements a vital partner relationship. Backed by solid Q1 FY27 numbers and robust liquidity following its ₹99.83 crore Rights Issue, Shanti Gold is strategically deploying capital to lock in supplier stickiness.