Summary of Key Information:
Reporting Period (Quarter/Year): Not Applicable
Nature of Filing / Announcement: Outcome of Board Meeting - Changes in Directors & Senior Management
Key Appointments:
- Shri Soumil Garg (DIN: 10280363) appointed as Additional Director effective October 01, 2026
- Appointed as Whole-time Director for 5 consecutive years effective October 01, 2026
- Appointment subject to shareholder approval at next general meeting/postal ballot within 3 months
- Qualification: MA International Business from Regents University London, BBA from Swiss Business School
- Profile: 7 years experience in jewellery business with knowledge of product design, procurement, and market trends
- Relationship: Son of Shri Balram Garg (Promoter & Managing Director)
- Shri Kumar Deoratan Singh appointed as Chief Technical Officer effective October 01, 2026
- Qualification: MCS from Technology and Media Center Nagpur, Higher Diploma in Software Engineering from Aptech, B.Com from Pt. Ravishankar University
- Profile: 20+ years experience in IT management, enterprise systems, cybersecurity, and digital transformation
- Ms. Pawandeep Kaur appointed as President (Business Development) effective October 01, 2026
- Qualification: Global Senior Leadership Programme from IIM Lucknow, Chief Financial Officer Programme from ISB Hyderabad, BA from CSM University Kanpur
- Profile: 13 years experience in hospitality, media, and aviation industry
Key Resignations:
- Shri Ramesh Kumar Sharma (DIN: 01980542) resigned as Director effective October 01, 2026
- Resignation due to medical reasons after 19 years with the company
- Ceased as Whole-time Director, Chairman/member of multiple committees, and Nodal Officer
- Shri Vivek Jain resigned as Chief Information Officer effective October 01, 2026 (reason: moving out of country)
- Shri Kuldeep Singh resigned as President (Accounts & Audit) effective October 01, 2026 (reason: shifting out of Delhi)
Committee Reconstitution:
- Stakeholders Relationship Committee: Shri Soumil Garg inducted as Member effective October 01, 2026
- Risk Management Committee: Shri Vishan Deo inducted as Member effective October 01, 2026
- Corporate Social Responsibility Committee: Shri Vishan Deo inducted as Member, Shri Balram Garg designated as Chairperson effective October 01, 2026
- Management & Finance Committee: Shri Soumil Garg inducted as Member effective October 01, 2026
Other Appointments:
- Shri Vishan Deo, Executive Director (Finance) & CFO appointed as Nodal Officer for verification of claims and coordination with Investor Education and Protection Fund Authority
Financial Highlights:
Not Specified
Standalone Results:
Not Specified
Consolidated Results:
Not Specified
Segment-wise Performance:
Not Specified
Corporate Actions:
Not Specified
Other Significant Information:
Not Specified