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 AllotteesNo. of Equity          Shares   Category   
1Ashish Kacholia2,88,100Non- promoter 
2Bengal Finance & Investments Private Limited 2,52,900Non- promoter 
3Narayana Trading and Investments 2,35,200Non- promoter 
4Shruthi Murali 2,35,200Non- promoter 
5Acron Consultants LLP 4,70,500Non- promoter 
6Nesh Advisors LLP 47,000Non- promoter 
7Vimana Capital Management LLP 70,500Non- promoter 
8Inder Soni 1,17,600Non- promoter 
9Bhakthisaran47,000Non- promoter 
10Srinath Krishnan 23,600Non- promoter 
11Nishant Aggarwal 5,800Non- promoter 
12Jinesh Shah 1,29,400Non- promoter 
13Roopali Uppal 88,200Non- promoter 
14Ashok Kumar 47,000Non- promoter 
15Rakesh Laroia 58,800Non- promoter 
16Dipika Chauhan 72,000Promoter Group
17Heena Chauhan 72,000Promoter Group
18Mamta Chauhan 72,000Promoter Group

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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