Meeting Details

The 9th Annual General Meeting will be held on Friday, September 18, 2026 at 09:00 A.M. (IST) through Video Conferencing (VC)/Other Audio-Visual Means (OAVM) facility without physical attendance of members.

Ordinary Business Agenda

1. To consider and adopt the Standalone and consolidated Financial Statements of the Company for the financial year ended March 31, 2026, including the Statement of Profit & Loss and Cash Flow Statement, along with reports of the Board of Directors and Auditors.

2. To appoint a director in place of Mr. Harsh Prashant Vora (DIN: 07861487), who retires by rotation and being eligible, offers himself for re-appointment.

Special Business Agenda

Item 3: Re-appointment of Mr. Prashant Vora as Managing Director
  • Special resolution to re-appoint Mr. Prashant Vora (DIN: 06574912) as Managing Director
  • Term: Three years from April 1, 2027 to March 31, 2030
  • Remuneration: ₹24,00,000 per annum in the salary grade of ₹24,00,000 to ₹30,00,000 per annum (all inclusive)
  • Authority granted to Nomination & Remuneration Committee or Board to consider increments within specified grade
  • Subject to approval under Schedule V Part II Section II B of Companies Act, 2013
Item 4: Re-appointment of Mrs. Meghna Gala as Independent Director
  • Special resolution to re-appoint Mrs. Meghna Gala (DIN: 09152133) as Independent Director
  • Second term of five consecutive years from May 10, 2027 to May 9, 2032
  • Not liable to retire by rotation
  • Entitled to receive sitting fees, commission and/or remuneration as approved by Board
Item 5: Re-appointment of Mr. Tejas Shah as Independent Director
  • Special resolution to re-appoint Mr. Tejas Shah (DIN: 09592879) as Independent Director
  • Second term of five consecutive years from May 10, 2027 to May 9, 2032
  • Not liable to retire by rotation
  • Entitled to receive sitting fees, commission and/or remuneration as approved by Board

Financial Performance Disclosure (From Explanatory Statement)

For year ended March 31, 2026:

  • Total Revenue: ₹24.76 lakhs (₹24,756,700)
  • Profit before Interest, Depreciation, Tax and Extraordinary Items: ₹4.14 lakhs (₹414,100)
  • Financial Expenses: ₹0.43 lakhs (₹43,300)
  • Depreciation & Amortization: ₹0.69 lakhs (₹68,800)
  • Extraordinary Items: ₹0.54 lakhs (₹53,900)
  • Profit Before Tax: ₹3.60 lakhs (₹360,200)
  • Taxation: ₹0.91 lakhs (₹90,700)
  • Profit After Tax: ₹2.70 lakhs (₹269,500)
  • Deferred Tax Adjustment: ₹0.00
  • Net Profit after Deferred Tax Adjustment: ₹2.70 lakhs (₹269,500)

Voting Arrangements

  • Remote e-Voting period: September 15, 2026 (9:00 a.m. IST) to September 17, 2026 (5:00 p.m. IST)
  • Cut-off date for determining voting rights: September 11, 2026
  • E-voting services provided by NSDL
  • Physical attendance dispensed with due to virtual meeting
  • Scrutinizer appointed: Mr. Jenish Sanjaybhai Doshi (Membership No. ACS: 50447 /CP: 18523)

Share Transfer Book Closure

Register of Shareholders and Share Transfer Books will remain closed from Saturday, September 12, 2026 to Friday, September 18, 2026 (both days inclusive) for the purpose of AGM.

Director Information

Mr. Prashant Vora (Managing Director)
  • DIN: 06574912
  • Date of Birth: April 19, 1970
  • Qualifications: F.Y. B.com
  • Experience: Over 15 years in trading and distribution business, over 8 years in gems and jewellery business
  • Current shareholding: 4,115,939 shares
  • Current remuneration: Proposed ₹24,00,000 p.a. for new term
Mr. Harsh Prashant Vora (Director retiring by rotation)
  • DIN: 07861487
  • Date of Birth: April 22, 1999
  • Qualifications: B.com & MBA
  • Experience: Over 8 years in Finance and Accounts, over 9 years in gems and jewellery sector
  • Current shareholding: 180,000 shares
Mrs. Meghna Gala (Independent Director)
  • DIN: 09152133
  • Date of Birth: January 14, 1990
  • Qualifications: B.Com, M.Com and CS
  • Experience: About 6 years in Secretarial and Compliance
  • Current shareholding: Nil
Mr. Tejas Shah (Independent Director)
  • DIN: 09592879
  • Date of Birth: March 18, 1987
  • Qualifications: B.com, CS & LLB
  • Experience: Over 14 years in Secretarial and Compliance
  • Current shareholding: Nil