India, April 30 -- Senco Gold Limited (SENCO) informed the stock exchanges on April 30, 2026, that the completion of its acquisition of August Jewellery Private Limited (AJPL), operating under the brand name Melorra, has been rescheduled.
Senco Gold's proposed investment involves acquiring a 68% stake in August Jewellery Private Limited (Melorra) for Rs. 68 crore. The move comes at a time when the company is witnessing strong organic momentum, having reported a robust 35% year-on-year revenue growth in FY26, underscoring its capacity to pursue strategic expansion alongside core business growth.
While the transaction was initially expected to conclude by April 30, 2026, the company stated that the procedural formalities are still underwa...
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