Sky Gold attracts additional investment from marquee investors on preferential basis

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New Delhi (India), October 30: Sky Gold Limited’s (BSE Code:541967, NSE Code: SKYGOLD) Board of Directors to issue equity shares on a preferential basis. The Company plan to offer a substantial total of 23,32,800 Equity Shares, each with a face value of ₹ 10, at an issue price of ₹ 415 per equity share.

Ashish Kacholia, Bengal Finance & Investments Private Limited, Narayana Trading and Investments, Shruthi Murali, and Acron Consultants LLP are among the prominent names. Moreover, an additional 13 allottees will join this select group, collectively subscribing to the full 23,32,800 shares. The cumulative investment stands at an impressive ₹ 99.14 Crore.

The names of the proposed allottees in the preferential Issue of Equity Shares.

Sr. No.	Name of Proposed Allottees	No. of Equity Shares	Category
1	Ashish Kacholia	2,88,100	Non- promoter
2	Bengal Finance & Investments Private Limited	2,52,900	Non- promoter
3	Narayana Trading and Investments	2,35,200	Non- promoter
4	Shruthi Murali	2,35,200	Non- promoter
5	Acron Consultants LLP	4,70,500	Non- promoter
6	Nesh Advisors LLP	47,000	Non- promoter
7	Vimana Capital Management LLP	70,500	Non- promoter
8	Inder Soni	1,17,600	Non- promoter
9	Bhakthisaran	47,000	Non- promoter
10	Srinath Krishnan	23,600	Non- promoter
11	Nishant Aggarwal	5,800	Non- promoter
12	Jinesh Shah	1,29,400	Non- promoter
13	Roopali Uppal	88,200	Non- promoter
14	Ashok Kumar	47,000	Non- promoter
15	Rakesh Laroia	58,800	Non- promoter
16	Dipika Chauhan	72,000	Promoter Group
17	Heena Chauhan	72,000	Promoter Group
18	Mamta Chauhan	72,000	Promoter Group
	Total	23,32,800

Speaking on the occasion Mr. Mangesh Chauhan, Managing Director and Chief Financial Officer of Sky Gold Limited said,” We are grateful for the confidence shown by our investors in the team and our future plans. We look forward to making a transformational impact in the jewellery segment. Partnering with the new investors will help the Company achieve its ambitious growth plan and solidify its position in the industry.”

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