Nomura has disappeared from the latest shareholder list for Kalyan Jewellers India Limited. After previously holding a 1.25 percent stake, the investor has either fully exited the position or trimmed it below the 1 percent disclosure threshold.
A leading jewellery retailer in India, Kalyan Jewellers designs, manufactures, and sells gold, studded, and other jewellery products across multiple price segments to diverse customer bases. The company operates through an extensive network of retail outlets nationwide. Founded by its current Chairman and Managing Director, T.S. Kalyanaraman, it has established itself as one of the largest jewellery retailers in the country.
Japan's largest investment bank. India FPI activity covers proprietary, market-making, client flows and mandates such as the EPF Malaysia India allocation.
