Kalyan Jewellers accelerates debt reduction and expansion – ET Retail
New Delhi: Kalyan Jewellers is aggressively pursuing debt reduction while expanding its footprint through an asset-light franchise model, according to Ramesh Kalyanaraman, Executive Director of the company. By March 2025, the company aims to reduce its debt by Rs 300 crore, bringing the outstanding non-GML debt in India down to Rs 600 crore, Kalyanaraman said….