Thangamayil Jewellery Limited

Amundi, which previously held a 1.06 percent stake in Thangamayil Jewellery Limited, has dropped off the company's disclosed shareholder list, indicating either a complete exit or a reduction in its holding to below the 1 percent reporting threshold.

A retail jewellery chain operating across multiple districts in Tamil Nadu, Thangamayil Jewellery Limited specializes in gold and precious ornaments for the regional market. The company operates in a state that accounts for a significant portion of India's total gold consumption, positioning it within a key jewellery consumption hub. Its distinctive strength lies in its established retail presence and deep understanding of local customer preferences in Tamil Nadu's jewellery market.

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