Titan Company (TITAN) — Announcement

Titan Company Limited announced that Signature Jewellery Holding Limited (UAE), a DIFC-registered holding company, has become a step-down subsidiary through its wholly-owned subsidiary Titan Holdings International FZCO. This follows Titan's 67% acquisition agreement of the Damas jewellery business in GCC countries, with the remaining 33% to be acquired after 31st December 2029. The proposed transaction is expected to complete by 31st January 2026. Signature Jewellery will serve as the holding company for Damas's entire jewellery operations post-completion.

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About Titan Company Limited (TITAN)

Consumer Durables · Consumer Durables · Listed on NSE

Market Cap: ₹3,70,126.93 Cr P/E: 77.6 ROE: 41.0% ROCE: 34.3%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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