Kalyan Jewellers invests ₹350 crore in subsidiary Candere via rights issue
Jewellery retailer Kalyan Jewellers India Ltd on Saturday (September 19) said it has invested ₹350 crore in its wholly owned subsidiary Candere Lifestyle Jewellery Pvt Ltd through subscription to 17.5 lakh equity shares on a rights issue basis. Kalyan Jewellers subscribed to 17,50,000 equity shares with a face value of ₹10 each at a premium…
