Thangamayil Jewellery Limited
Thangamayil Jewellery Limited operates a chain of retail jewellery stores across several districts in Tamil Nadu, a state that have the largest share (40%) of India's total gold consumption.
What Thangamayil files
- Others25
- Important24
- Updates13
- Board Meeting11
- Insider Trade4
- Dividend/Bonus4
Thangamayil Jewellery opened two new stores in Chennai, expanding its network to over 66 stores across Tamil Nadu. This move significantly boosts the company's presence in a key market.
Promoter Mr. XYZ of ABC Ltd. acquired 1,500,000 equity shares, valued at ₹3 crore. This direct stake increase for the promoter boosts his shareholding from 15.25% to 15.35%. Such transactions by insiders often catch investor attention, indicating confidence in the company's future.
Balusamy Silvears Jewellery, a promoter of Thangamayil Jewellery, acquired 1,330 equity shares via open market purchases. Valued at approximately Rs 5,250 per share, the total transaction was around Rs 70 lakh. This increases their stake in Thangamayil Jewellery from 1.7593% to 1.7636%.
Thangamayil Jewellery is expanding operations, announcing two new branch openings in Chennai: Mogaippair West and Puraisaiwakkam. This development strengthens its retail presence.
Thangamayil Jewellery saw phenomenal Aadi Perukku sales, hitting ₹344.16 Cr over 3 days. This is a massive 119.55% YoY increase from ₹156.75 Cr previously, signaling strong seasonal demand.