Malabar Gold Sells 0.82% Stake in Tribhovandas Bhimji Zaveri

• Malabar Gold and Diamonds offloaded a 0.82% equity stake in Tribhovandas Bhimji Zaveri (TBZ) through open market transactions on February 9.
• The sale involved 5.49 lakh shares at Rs 170.68 per share, totaling Rs 9.38 crore.
• This follows a previous 0.79% stake sale by Malabar Gold in TBZ on January 19; Malabar Gold held 2.89% in TBZ as of December 2025.
• TBZ shares rose 4.27% to Rs 168.19, potentially due to an India-US interim trade agreement.
• Other market activities included Venky's (India) falling 6.92% after Tasha Enterprises sold a 0.88% stake, and Arihant Bharat Advantage Fund acquiring 0.5% in Jainik Power and Cables.