Titan Company expands GCC presence with UAE jewellery acquisition

Titan Company Limited has announced that Signature Jewellery Holding Limited, UAE, has become a step-down subsidiary. This move stems from Titan Holdings International FZCO's acquisition of Signature Jewellery, which will serve as a holding company for Titan's entire jewellery business in GCC countries. This strategic acquisition is part of a broader plan to acquire 67% of Damas jewellery business, currently housed under Damas LLC UAE.

The proposed transaction, which received regulatory approval on October 9, 2025, is expected to be completed on or before January 31, 2026. Signature Jewellery Holding Limited, a DIFC company, was incorporated in 2025 and currently has an issued capital of 1,000,000 ordinary shares of USD 1 each. This acquisition solidifies Titan's footprint in the lucrative Middle Eastern jewellery market.