Fund News

Kalyan Jewellers re-appoints Warburg Pincus’ Anish Saraf on company’s board

Mint  

Publicly-listed, Thrissur-based Kalyan Jewellers India Ltd has re-appointed Anish Kumar Saraf, managing director at private equity firm Warburg Pincus, as non-executive director of the company's board.Saraf has been on the board of Kalyan Jewellers since 2018, and has been associated with Warburg Pincus India since 2006.Warburg Pincus had invested INR 1,200 crore in the jewellery chain in 2014. The fund exited Kalyan Jewellers in August last year after selling part of its residual stake in the company to promoter T. S. Kalyanaraman and the balance via a block deal.

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