Approved the re-appointment of M/s Sagar & Associates, Chartered Accountants, Hyderabad (Peer Review No: 011975) as Statutory Auditors of the Company.
Term: For a period of 5 consecutive years from FY 2026-27 to FY 2030-31.
Basis: Based on recommendations of the Audit Committee.
Firm Profile: M/s Sagar & Associates is a Hyderabad-based firm of Chartered Accountants with more than two decades of experience, specializing in statutory audits and tax laws. It is a peer-reviewed firm (PR No. 011975) in terms of SEBI Listing Regulations and ICSI guidelines.
2. Re-appointment of Chairperson & Managing Director
Approved the re-appointment and remuneration of Mrs. Bharata Mallika Ratna Kumari Grandhi (DIN: 00492520) as Chairperson & Managing Director (Executive Category).
Term: For five consecutive years effective from February 12, 2027.
Basis: Based on recommendations of the Nomination and Remuneration Committee.
Profile: She has 24 years of experience in the jewellery industry and has been associated with the Company since 2001. She completed Higher Secondary School in 1987. She currently looks after overall operations, provides strategic direction, strengthens sales, implements marketing strategy, and is involved in business development.
Relationships: Mother of Mrs. Sai Keerthana Grandhi (Whole-time Director & CFO, DIN:05211918) and Mrs. Sai Sindhuri Grandhi (Executive Director, DIN:02795856). Mother-in-law of Mr. Gontla Rakhal (Joint Managing Director, DIN: 07707477).
Compliance: She is not debarred from holding the office of Director by virtue of any SEBI order or other authority.
3. Re-appointment of Whole-time Director
Approved the re-appointment and remuneration of Mrs. Sai Keerthana Grandhi (DIN: 05211918) as Whole-time Director (Executive Category).
Term: For five consecutive years effective from March 1, 2027.
Basis: Based on recommendations of the Nomination and Remuneration Committee.
Profile: She is a qualified Chartered Accountant from ICAI and holds a Bachelor of Commerce degree from Andhra University. She has been involved in marketing, operations, product development, and currently manages the Company's finances.
Relationships: Daughter of Mrs. Bharata Mallika Ratna Kumari Grandhi (Chairperson & MD, DIN:00492520). Sister of Mrs. Sai Sindhuri Grandhi (Executive Director, DIN:02795856). Spouse of Mr. Gontla Rakhal (Joint Managing Director, DIN: 07707477).
Compliance: She is not debarred from holding the office of Director by virtue of any SEBI order or other authority.
4. Re-appointment of Executive Director
Approved the re-appointment and remuneration of Mrs. Sai Sindhuri Grandhi (DIN: 02795856) as Executive Director.
Term: For five consecutive years effective from March 1, 2027.
Basis: Based on recommendations of the Nomination and Remuneration Committee.
Profile: She has been associated with the Company since 2012. She holds a Bachelor of Dental Surgery degree from Dr. NTR University of Health Sciences, Andhra Pradesh, Vijayawada (2014). She looks after HR and Administration activities.
Relationships: Daughter of Mrs. Bharata Mallika Ratna Kumari Grandhi (Chairperson & MD, DIN:00492520). Sister of Mrs. Sai Keerthana Grandhi (Whole-time Director & CFO, DIN:05211918).
Compliance: She is not debarred from holding the office of Director by virtue of any SEBI order or other authority.
Additional Information
The disclosure is made in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated July 11, 2023.
Detailed annexures are provided as part of the disclosure.
Financial impact of these appointments is not quantified in the disclosure.
