Candere Corp: Kalyan Jewellers acquires remaining stake in Candere

Kalyan Jewellers India Ltd. announced the signing of the definitive agreement with Rupesh Jain, Founder of www.candere.com (Enovate Lifestyles Pvt. Ltd) to acquire his residual 15% in Candere, a subsidiary of Kalyan Jewellers. This stake acquisition for consideration of Rs. 42 crore will result in Candere being a wholly owned subsidiary of Kalyan Jewellers, as [...] The post Kalyan Jewellers acquires remaining stake in Candere appeared first on MediaBrief.