Divine Hira Jewellers Limited Incorporates TAARIS JEWELS LIMITED as Wholly Owned Subsidiary

Divine Hira Jewellers Limited Incorporates TAARIS JEWELS LIMITED as Wholly Owned Subsidiary

Divine Hira Jewellers Limited Incorporates TAARIS JEWELS LIMITED as Wholly Owned Subsidiary​

Divine Hira Jewellers Limited has successfully incorporated a new entity, TAARIS JEWELS LIMITED, effective July 16, 2026. The incorporation marks a strategic move for the parent company to expand its operations within the jewellery industry.

TAARIS JEWELS LIMITED is being established as a wholly owned subsidiary of Divine Hira Jewellers Limited. The newly incorporated entity will focus on trading and dealing in silver jewellery across both Business-to-Business (B2B) and Business-to-Consumers (B2C) models, utilizing both online and offline platforms.

The company intends to engage extensively in the marketing, distribution, supply, export, import, and sale of various types of silver jewellery products. These products will be supplied to wholesalers, retailers, distributors, and other business entities across both domestic and international markets.

Key details regarding the incorporation and structure of TAARIS JEWELS LIMITED are as follows:

ParticularsDetails
Name of EntityTAARIS JEWELS LIMITED
Date and Country of Incorporation16/07/2026, India
Industry FocusSilver Jewellery
Relationship to Parent CompanyWholly owned subsidiary of Divine Hira Jewellers Limited

The entity was incorporated with a capital structure financed entirely by cash consideration. The shares for the new entity were subscribed at a price of ₹10/- per equity share. The total subscription amount amounted to ₹1,00,00,000/-, which corresponds to 10,00,000 equity shares. Divine Hira Jewellers Limited holds 100% of the shareholding in TAARIS JEWELS LIMITED.

DIVINEHIRA Stock Price Movement​

Divine Hira Jewellers Limited shares slipped by 0.14% on Wednesday after settling at ₹109.85. The stock traded during the session on a volume of 7,200 shares, ranging between a low of ₹108 and a high of ₹109.9.
 

Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.

The information provided is for general informational purposes only and does not constitute investment advice, a recommendation, or an offer to buy or sell any securities. Readers are advised to rely on their own assessment and judgment and consult appropriate financial advisers, if required, before taking any investment-related decisions.

Any views, opinions, or statements expressed, where applicable, are those of the respective analysts or experts and do not reflect the views of this website. The website has no association with such viewpoints and does not assume any responsibility for them.

Last edited by a moderator:
Back
Top