The Competition Commission of India (CCI) announced on 14 October 2026 that it has approved the acquisition of a majority stake in Tribhovandas Bhimji Zaveri Limited (TBZ) by GRT Jewellers (India) Private Limited. Both companies are involved in the manufacture and sale of gems and jewellery in India. The release does not say when the acquisition takes effect.
Key points
- CCI approved GRT Jewellers (India) Private Limited to acquire a majority stake in Tribhovandas Bhimji Zaveri Limited.
When it applies
The document does not state when it takes effect.
Who it affects
- corporate entities