Our correspondent

(Nandan)

BENGALURU: Manappuram Group's jewellery sales network company Rithi Jewellery has opened an outlet at Kammanahally in Bengaluru.

The eighth and Bengaluru city's biggest showroom was opened by actress Pooja Gandhi.

There are 15 sales outlets in Andhra Pradesh, Karnataka, Kerala and Tamil Nadu for the group ever since it began the Manappuram Jewellery Limited, the company which runs outlets in the name of Rithi.

Chairman VP Nandakumar said that the group plans to raise Rs 3000cr through public issues of Manappuram Jewellery Limited during the next four years, simultaneously increasing the number of showrooms to 100, including in the metropolitan cities of Delhi and Mumbai.

The company would be listed in all the country's stock exchanges, he said. CEO Raju Narayanan, MT Sreenivasan spoke at the function.