Meeting Details

The 37th AGM was held on Friday, September 25, 2026. The meeting commenced at 12:00 noon and concluded at 12:35 p.m. (duration: 35 minutes). The meeting was conducted entirely through Video Conferencing (VC) / Other Audio Visual Means (OAVM) facility in compliance with circulars from the Ministry of Corporate Affairs and SEBI, in addition to the Companies Act, 2013 and SEBI Listing Regulations.

Proposed Resolutions and Business Transacted

Six resolutions were proposed for shareholder approval at the AGM, as per the notice dated August 10, 2026:

  • Item 1: Ordinary Resolution to consider and adopt the Audited Financial Statements for the financial year ended March 31, 2026, together with Reports of Board of Directors and Auditors
  • Item 2: Ordinary Resolution to appoint a director in place of Mrs. Sai Keerthana Grandhi (DIN: 05211918), who retires by rotation and offered herself for re-appointment
  • Item 3: Ordinary Resolution for re-appointment of Statutory Auditors and fixation of their remuneration
  • Item 4: Special Resolution for re-appointment of Mrs. Bharata Mallika Ratna Kumari Grandhi (DIN: 00492520) as Chairperson & Managing Director and approval of her remuneration
  • Item 5: Special Resolution for re-appointment of Mrs. Sai Keerthana Grandhi (DIN: 05211918) as Whole-time Director and approval of her remuneration
  • Item 6: Special Resolution for re-appointment of Mrs. Sai Sindhuri Grandhi (DIN: 02795856) as Executive Director and approval of her remuneration

Voting Process and Methods

The Company provided remote e-voting facility through Central Depository Services Limited (CDSL). The e-voting portal was open from Tuesday, September 22, 2026 (9:00 a.m.) to Thursday, September 24, 2026 (5:00 p.m.). Members who participated in the AGM through VC/OAVM facility and had not cast their votes through remote e-voting were provided facility to e-vote on the CDSL portal during the AGM. The e-voting window remained open for 15 minutes post-meeting for this purpose.

Voting Outcomes and Scrutinizer

Mrs. N. Vanitha, Practicing Company Secretary (M.No.26859), was appointed as scrutinizer to scrutinize the votes cast through remote e-voting and e-voting at the AGM. The document states that the results of e-voting will be declared within two working days from the conclusion of the meeting and will be submitted to the stock exchanges (NSE and BSE) separately in the format prescribed under Regulation 44 of the Listing Regulations. The results will also be uploaded on the Company's website at https://www.vaibhavjewellers.com/investor-relations.

Compliance Confirmation

The meeting was conducted in accordance with the circulars issued by the Ministry of Corporate Affairs and SEBI, in addition to the applicable provisions of the Companies Act, 2013 and rules made thereunder and SEBI Listing Regulations, 2015.

Attendees and Participants

Directors and Key Managerial Personnel Present:

1. Mrs. Bharata Mallika Ratna Kumari Grandhi - Chairperson & Managing Director, Chairperson of Risk Managing Committee and Corporate Social Responsibility Committee

2. Mr. Gontla Rakhal - Joint Managing Director

3. Mrs. Sai Keerthana Grandhi - Whole-time Director & CFO

4. Mrs. Sai Sindhuri Grandhi - Executive Director

5. Mrs. Sridevi Dasari - Independent Director, Chairperson of the Nomination and Remuneration Committee

6. Mr. Adabala Seshagiri Rao - Independent Director, Chairman of the Audit Committee

7. Mr. Ramesh Babu Nemani - Independent Director, Chairman of the Stakeholders Relationship Committee

8. Mrs. Jonnada Vaghira Kumari - Independent Director

9. Mr. Bandari Shiva Krishna - Company Secretary & Compliance Officer

10. Mr. Puli Rama Naga Vara Prasada Rao - General Manager-Finance and Accounts

Other Attendees:

1. Mr. Srinivasarao Bondalapati, Practicing Chartered Accountant, representing M/s. Sagar & Associates, Statutory Auditors

2. Ms. Nehitha Rao, Practicing Chartered Accountant, representing M/s. Sagar & Associates, Statutory Auditors

3. Mr. Paturi Srinivas Rao, Practicing Company Secretary, representing M/s. P. S. Rao & Associates, Secretarial Auditors

4. Mr. Nihal Rahangdale, Representative of Scrutinizer

Additional Procedural Information

The Register of Directors and Key Managerial Personnel (including their shareholding) and the Register of Contracts and Arrangements in which Directors are interested were maintained open for inspection during the meeting. The notice of the AGM was taken as read with permission of shareholders. A Q&A session was conducted where speaker shareholders asked questions and sought clarifications, with replies provided by Mr. Gontla Rakhal, Joint Managing Director.