Kalyan Jewellers sells Coimbatore land to Shivasakthi Real Estates for ₹86 crore
In short
Kalyan Jewellers sold land in Coimbatore to Shivasakthi Real Estates for ₹86 crore.
The report also says Kalyan Jewellers shares ended at ₹553.20, down 2.95% on the BSE. It does not say how big the land is or what the company will do with the money.
What the reporting says
Kalyan Jewellers sold Coimbatore land to Shivasakthi Real Estates for ₹86 crore, according to the headline and publisher summaries. The available reporting also says Kalyan Jewellers India Ltd ended at ₹553.20 on the BSE, down ₹16.80 or 2.95%. The source does not state the land size, why the sale was done, or how the proceeds will be used.
Why it matters
Kalyan Jewellers sold Coimbatore land to Shivasakthi Real Estates for ₹86 crore. Publisher summaries also note that Kalyan Jewellers India Ltd ended at ₹553.20 on the BSE, down 2.95%. The reporting does not state the parcel size, the rationale for the sale, or the use of proceeds, so the financial impact is limited to the reported transaction value.