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Will GRT Change The 162-Year-Old TBZ Name? Here’s What We Know After The ₹1,033.71-Crore Deal
Mumbai: GRT Jewellers has not announced any plan to change the iconic brand name of Tribhovandas Bhimji Zaveri, known as TBZ — The Original, after acquiring a controlling stake in the jewellery company. The Chennai-based jewellery retailer is buying a 74.12 percent stake in TBZ from its promoters. The transaction is valued at up to Rs 1,033.71 crore for the promoter holding, giving GRT control…
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