Sky Gold attracts additional investment from marquee investors on preferential basis

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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