CCI Approves Merger Of 51 Malabar Group Companies Into Malabar Gold & Diamonds

The Competition Commission of India has cleared the proposed amalgamation of 51 companies belonging to the Malabar Group into its flagship entity, Malabar Gold and Diamonds Limited.

In a press release issued on July 7, 2026, the CCI said the transaction involves the merger of 51 group companies into Malabar Gold and Diamonds Limited. It noted that the majority of the entities proposed to be merged are engaged in the jewellery business.

The Commission further stated that Malabar Gold and Diamonds Limited carries on a wide range of activities in the jewellery sector, including the manufacture, sale, distribution, import and export of gold, diamonds, silver, platinum, precious stones and other jewellery products.

The Commission said that a detailed order will follow.