Kalyan Jewellers Strengthens Omni-Channel Strategy with Full Acquisition of Candere
Kalyan Jewellers India Ltd. announced the signing of the definitive agreement with Rupesh Jain, Founder of Candere (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…