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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.
Thangamayil Jewellery Limited disclosed a release of encumbrance regarding shares held by key promoters Balarama Govinda Das, Ba. Ramesh, and N.B. Kumar. Each of these individuals released 105,000 shares, which constituted approximately 1.96%, 1.93%, and 1.95% of their respective total shareholdings. The release was made in favor of Yes Bank...