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BENGALURU, Aug 31 – India’s Tribhovandas Bhimji Zaveri
on Monday said GRT Jewellers India signed a share
purchase agreement to buy a 74.12% stake for up to ₹1,034 crore ($108.66 million), taking control of the
jewellery retailer.
GRT will also launch an open offer for an additional 26%
stake, the firm said.