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Warburg's Saraf returns to Kalyan Jewellers board
Mint Bangalore
|January 31, 2025
Warburg Pincus had first invested in Kalyan Jewellers in 2014 and exited the jewellery chain in August last year
Kalyan Jewellers India Ltd on Thursday announced the reappointment of Anish Kumar Saraf, managing director at private equity firm Warburg Pincus, as non-executive director of the company's board.
Warburg Pincus had first invested in the jewellery chain in 2014—the fund exited Kalyan Jewellers in August last year after selling a part of its stake in the company to promoter T. S. Kalyanaraman and the remaining via a block deal.
However, on Thursday, the company announced the reappointment of Saraf along with other executives to the company's board, according to an exchange filing.
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