Tribhovandas Bhimji Zaveri: Receipt of approval from Competition Commission of India

What happened

Tribhovandas Bhimji Zaveri (TBZ) filed a disclosure with the exchanges on 13 October 2026 at 09:29 PM titled "Receipt of approval from Competition Commission of India".

From the filing: "Further to our disclosure s dated August 31, 2026 , w e wish to inform you that GRT Jewellers (India) Private Limited (" GRT ") has received the approval of the Competition Commission of India with respect to GRT's proposed acquisition of majority stake in Tribhovandas Bhimji Zaveri Limited ("…"

Company snapshot

Tribhovandas Bhimji Zaveri is a small-cap company, with a market value of about ₹4,377 crore.

The stock last traded at ₹655.9, against a 52-week range of ₹110.5–₹698.6 (6.1% below the high).

Before this filing the shares had moved +12.8% over the month and +164.3% over three months. Average daily turnover over the last 20 sessions was about ₹41.31 crore.

Promoters held 74.12% at the end of Q1 FY27. Foreign institutions owned 1.47% and domestic institutions 0.00%.

What history shows

BCEIE has no earlier m&a filing from this company on record since May 2026.

Market-wide, 2,054 m&a filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 49% rising.

Past reactions describe what happened before; they are not a forecast.

What to watch

• Regulatory approvals, completion of the deal and its effect on revenue and margins.

In the news

Recent coverage elsewhere (links open the original publisher):

• Tribhovandas Bhimji Zaveri Ltd. Share Price Live Today — CNBC TV18, 9 Oct 2026

Source

• Exchange filing (PDF)