Sky Gold And Diamonds Limited

Bank of India Mutual Fund trimmed its stake in Sky Gold from 2.67% to 1.70%, selling 15,10,919 shares.

A jewellery manufacturer engaged in designing and producing gold jewellery for the Indian market. Sky Gold operates through a business-to-business model, supplying finished gold jewellery products to mid-range jewellers and boutique stores across the country. These retail partners distribute the company's products through both online platforms and physical retail stores, targeting the mid-market jewellery segment with contemporary designs and quality craftsmanship.

AMC subsidiary of Bank of India, one of India's oldest public sector banks founded in 1906. Manages over Rs 20,000 crore with a range of equity, debt and hybrid offerings. Distributes through Bank of India's 5,000+ branch network giving it reach into Tier 2 and Tier 3 cities that larger private AMCs find harder to access.