Craft Emerging Markets bought 1,041,000 shares of SMR Jewels for ₹8.74 Cr at ₹84.00 apiece via an allotment, taking its stake to 5.58% and crossing the 5% disclosure threshold.
SMR Jewels Limited designs and distributes heritage jewelry blending traditional Indian craftsmanship with contemporary aesthetics. The company creates antique, bridal, Jadtar, Polki, and Minakari pieces inspired by mythology, spirituality, and nature. Founded in 1988 and incorporated in 2018, it is headquartered in Ahmedabad, Gujarat. Operating through a B2B model supplying jewelry retailers and chains across India, the company listed on BSE SME in June 2026.
Focused on emerging market equities including India.
