Malabar Gold offloads 0.82% stake in Tribhovandas Bhimji Zaveri

Bulk Deals on February 9

• Malabar Gold offloads 0.82% stake in Tribhovandas Bhimji Zaveri
• Tasha Enterprises sells 0.88% stake) in Venky's (India)
• Arihant Bharat Advantage Fund buys 0.5% stake in Jainik Power and Cables

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Malabar Gold and Diamonds has offloaded 0.82 percent equity stake in Tribhovandas Bhimji Zaveri, the gold and diamond jewellery maker, via open market transactions on February 9.

Tribhovandas Bhimji Zaveri shares maintained northward journey for second consecutive session, rising 4.27 percent to close at Rs 168.19 after gap-up opening, which may be after the interim trade agreement announced by India and US.

As per bulk deals data, Malabar Gold and Diamonds sold 5.49 lakh shares (0.82 percent of paid-up equity) in Tribhovandas Bhimji Zaveri (TBZ) at Rs 170.68 per share, amounting to Rs 9.38 crore.

This was in addition to 0.79 percent stake sold by Malabar Gold in TBZ on January 19. As of December 2025, Malabar Gold had held 2.89 percent stake in TBZ.

Further, Venky's (India) was also in action, falling 6.92 percent to Rs 1,489.7 on the NSE with formation of long red candle on the daily charts. Investor Tasha Enterprises, which held 2.7 percent stake as of December 2025, sold 1.24 lakh shares (0.88 percent stake) in the poultry giant at Rs 1,634.69 per share for Rs 20.38 crore.

Arihant Bharat Advantage Fund has acquired 72,000 equity shares (0.5 percent stake) in Jainik Power and Cables, the aluminum wire rods maker, at Rs 130.27 per share, valued at Rs 93.79 lakh. The stock rose 1.85 percent to Rs 132.4.

Nimbus India bought 2.01 lakh units in Industrial Investment Trust at Rs 139.73 per unit, for Rs 2.8 crore.