Home India Competition Commission of India CCI approves  merger of 51 Malabar Group’s companies with an...
Date: 2026-07-07 Category: Press Release State: Union Government Country: India

CCI approves  merger of 51 Malabar Group’s companies with and into Malabar Gold and Diamonds Ltd

Issued by Competition Commission of India · Not Applicable

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Executive Summary & Key Takeaways

The Competition Commission of India (CCI) has approved the merger of 51 Malabar Group companies, acting as the Transferor Companies, into Malabar Gold and Diamonds Limited, the Transferee Company. The majority of the Transferor Companies are engaged in the jewellery business. The Transferee Company is the flagship entity of the Malabar Group and manages a wide spectrum of operations, including the manufacturing, trading, retailing, wholesaling, importing, and exporting of gold ornaments, diamonds, bullions, silver, platinum, and precious stones. Its business model also encompasses acting as dealers, agents, and consignors for lifestyle products made from jewellery and allied items through franchises and executive dealerships. This announcement was issued by PIB Delhi on July 7, 2026 (Release ID: 2282146), with an recorded visitor count of 191. The Commission noted that a detailed order regarding the merger will follow. Information regarding this release is also available in Urdu, Hindi, and Tamil.

Key Entities Referenced

Competition Commission of India: The regulatory authority responsible for approving the merger of 51 Malabar Group companies into their flagship entity. Malabar Gold and Diamonds Limited: The flagship transferee company of the Malabar Group into which 51 other group companies are being merged. 51 Malabar Group’s companies: The transferor companies, primarily engaged in the jewellery business, involved in the merger with Malabar Gold and Diamonds Limited.
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Competition Commission of India CCI approves merger of 51 Malabar Group’s companies with and into Malabar Gold and Diamonds Ltd प्रव तथ: 07 JUL 2026 6:21PM by PIB Delhi The Competition Commission of India (CCI) has approved the merger of 51 Malabar Group’s companies with and into Malabar Gold and Diamonds Limited. The Proposed Combination envisages the merger of 51 Malabar Group’s companies (Transferor Companies) with Malabar Gold and Diamonds Limited (Transferee Company). Most of the Transferor Companies engaged in jewellery business. Transferee Company is the flagship company of the Malabar Group, engaged in business of manufacturing, trading, retailing, wholesaling, supplying, distributing, importing, exporting, buying, franchising and otherwise dealing in all kinds of gold, gold ornaments, diamonds, bullions, silver, platinum, precious stones and other jewellery ornaments. It also act as dealers, agents consignors, consignees of all kinds of lifestyle products made from jewellery and other allied items directly and/or through appointing executive dealers, franchisees, agents, and other related activities. Detailed order of the Commission will follow. ***** SR/ONP (रलीज़ आईडी: 2282146) आगंतुक पटल : 191 इस वज्ञ को इन भाषाओ ंम पढ़: Urdu , ही , Tamil

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