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![_Investor_Feed_ Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1825090112713285632.png) Investor Feed [@_Investor_Feed_](/creator/twitter/_Investor_Feed_) on x 5997 followers
Created: 2025-07-21 10:52:10 UTC

🚀 Titan Expands in GCC with XX% Stake in Damas – A Strategic Move Worth AED 1,038M | MCap 3,04,705.97 Cr

- Titan acquires XX% stake in UAE-based Damas LLC (Enterprise Value: AED 1,038M).
- Damas operates XXX stores across GCC (UAE, Saudi Arabia, Qatar, Oman, Kuwait, Bahrain).
- FY 2024 turnover: AED XXXXX million.
- Titan secures right to buy remaining XX% from Mannai Corp after Dec 2029.
- Deal expected to close by Jan 31, 2026 (pending approvals).
- Graff Monobrand Franchisee business to be discontinued pre-transaction.
- Funding via debt, cash reserves, and internal accruals.
- MD C.K. Venkataraman calls it a step toward global expansion.
- Mannai Corp’s Alekh Grewal backs Titan’s growth strategy, retains minority stake for X years.

Complete Source:

Disc: Information provided in this tweet can be inaccurate, verify through the source before making any investment decision.

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XXX engagements

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[Post Link](https://x.com/_Investor_Feed_/status/1947248229604810863)