Titan Company Share Price in Focus Expands Global Jewellery Footprint with New Step-Down Subsidiary in UAE

In a strategic move to expand its international jewellery presence, Titan Company Limited announced the incorporation of Signature Jewellery Holding Limited in the United Arab Emirates (UAE). The new entity has become a step-down subsidiary through Titan Holdings International FZCO, furthering Titan’s expansion plans across the Gulf Cooperation Council (GCC) markets.

About the New Subsidiary

As per Titan’s filing with the BSE and NSE on October 28, 2025, Signature Jewellery Holding Limited registered in the Dubai International Financial Centre (DIFC) will serve as the holding company for Titan’s entire jewellery business in GCC nations. 

The entity was recently incorporated and officially recorded by the DIFC on October 9, 2025, with the company receiving the confirmation on October 27, 2025.

The new subsidiary does not fall under any related-party transaction and represents 1,000,000 ordinary shares of USD 1 each, forming its entire issued share capital.

Strategic Link to Damas Jewellery Acquisition

This development is part of Titan’s ongoing acquisition of the Damas jewellery business in the GCC region. Earlier, on July 21, 2025, Titan had informed exchanges that its wholly-owned subsidiary, Titan Holdings International FZCO, agreed to acquire 67% of Damas LLC, with plans to purchase the remaining 33% after December 31, 2029.

Upon completion of the proposed transaction expected on or before January 31, 2026Signature Jewellery Holding Limited will become the primary holding company for Damas’s entire jewellery operations in the Gulf region.

This move underscores Titan’s ambition to strengthen its global jewellery footprint, leveraging Damas’s established retail presence and brand recognition in the Middle East.

Regulatory and Transaction Details

According to the company’s disclosure:

• The acquisition does not require additional governmental approvals, as the transfer of shares was duly entered into DIFC’s register.
• The shares have not yet been paid up, and the cost of acquisition is not applicable at this stage.
• The incorporation aligns with Titan’s long-term growth strategy of expanding its jewellery business beyond India.

Titan Company Share Price Performance

As of October 28, 2025, 2:57 PM shares of Titan Company Limited traded at ₹3,714.40, down ₹25.40 or 0.68% from the previous close of ₹3,739.80. The stock opened at ₹3,750.00 and touched a high of ₹3,770.00 and a low of ₹3,688.10.

Read More: Bharat Rasayan Shares Pare Losses on Oct 28 After Slipping Nearly 9% Post Board’s Stock Split and Bonus Approval.

Conclusion

Titan’s establishment of Signature Jewellery Holding Limited marks another milestone in its global growth journey. The move complements its acquisition of Damas and signals a strong push toward integrating international operations under a unified structure.

As Titan continues to strengthen its brand presence in the GCC region, the development underscores its long-term strategy of scaling its premium jewellery business globally.

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