Competition Commission clears GRT Jewellers' acquisition of a majority stake in Tribhovandas Bhimji Zaveri
15 October 2026
The Competition Commission of India has approved the acquisition of a majority stake in Tribhovandas Bhimji Zaveri Limited by GRT Jewellers (India) Private Limited.
GRT Jewellers is a private limited company primarily engaged in the manufacture and sale of gems and jewellery in India.
Tribhovandas Bhimji Zaveri Limited is a publicly listed company in the same business.
The approval was announced by the Press Information Bureau on 14 October 2026.
Combinations above the thresholds set in law need the Commission's approval before they can be carried out.
Acquirer:
GRT Jewellers (India) Private Limited
Target:
Tribhovandas Bhimji Zaveri Limited
Stake:
Majority stake
Why it matters for exams: Clearances by the Competition Commission are a recurring current-affairs item in banking and economy papers.
Kerala PSCUPSCBank
In plain words
CCI Competition Commission of India — The regulator that clears large mergers and acquisitions in India.