The proposed transaction, currently in the due diligence phase, would see the remaining 28% stake in Damas retained by its current owner, Mannai Corporation.
Miss Jo, a premium silver jewellery brand, to spearhead its expansion across India. This collaboration is set to revolutionize the luxury jewellery market by offering a unique franchise opportunity with assured returns and an exclusive product portfolio.
The company posted a consolidated net loss of ₹23.55 crore, a significant improvement from the ₹266.36 crore loss reported in the same quarter last year.