Titan hikes stake in CaratLane to 69.47% for ₹99.99 crore

Date posted: Monday 1 April 2019

Titan Company has increased its stake in jewellery retailer CaratLane to 69.47% for ₹99.99 crore. Titan Company has subscribed to 30,48,780 additional equity shares of CaratLane thereby increasing its stake in CaratLane. Currently, CaratLane operates over 50 retail stores across India apart from selling jewellery online.

(Livemint)