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CaratLane Pauses Own West Asia Entry, May Use Damas Stores via Titan Deal
Titan-owned jeweller CaratLane has paused independent plans to enter the Middle East due to regional conflicts, but will likely use the recently acquired Damas Jewellery's 140+ GCC stores for future entry. Titan bought a 67% stake in Damas for Rs 1,630 crore earlier this year, with an option to buy the remaining 33% by 2029.
Jul 8, 2026 1 source