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Orosil Smiths promoters look for buyers to sell co

Press Trust of India  |  New Delhi 

The promoters of Noida-based Orosil Smiths, a jewellery designing firm, are looking for buyers to sell their stake and exit the company.

The promoters and group currently hold 74.98 per cent stake in the company, which was formally known as Silver Smith Ltd, the company said in a BSE filing.

"I on behalf of the promoters and group, want to express our intention to sell majority stake in the company to a suitable buyer and may consider exit from the company, depending upon how the things finally materialise, said Bhushan Kumar Narula, of the company.

has been manufacturing and designing gold and silver jewellery for the high-end couture jewellery sector and for the last 22 years.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Sat, August 11 2018. 19:00 IST