Scrip ID

SWARNSAR

Summary of Proceedings

Swarnsarita Jewels India Limited held its 34th Annual General Meeting (AGM) on Thursday, 27th August, 2026 at 11:00 A.M. at Sai Leela Hall, A1, 1, RN Gandhi Road, Opposite, Rajawadi Colony, Ghatkopar East, Mumbai, Maharashtra-400077, India.

Attendance Details

Directors/Members Present:

  • Mr. Mahendra Madanlal Chordia, Managing Director (Member)
  • Mr. Sunny Mahendra Chordia, Whole-time Director (Member)
  • Mr. Sanket Dangi, CFO (Member)
  • Mr. Jash Amit Adani, Independent Director (Non-Member)
  • Mr. Umang Mitul Mehta, Independent Director (Non-Member)

Members Present:

  • In person: 38 members (Promoters: 5, Public: 33) representing 64.16% of total holdings
  • No proxy requests were received by the Company

Meeting Proceedings

Mr. Mahendra Madanlal Chordia, Managing Director, chaired the meeting. After confirming the requisite quorum was present, he welcomed all members and addressed shareholders about:

  • Financial performance of the Company
  • Current economic situations and their impact
  • Future plans and business prospects of the Company

Mr. Deepak Suthar, Company Secretary, declared that the Notice, Director's Report and Auditor's Report circulated to members were taken as read. He informed members about the purpose of issuing a corrigendum and detailed the e-voting arrangements:

  • E-voting platform provided through National Securities Depository Limited (NSDL)
  • Voting period: August 24, 2026 at 09:00 A.M. (IST) to August 26, 2026 at 05:00 P.M. (IST)
  • Physical shareholders voted by show of hands at the meeting

Business Transacted

Ordinary Business - Ordinary Resolution(s):

1. Consideration and adoption of the Standalone and Consolidated Audited Financial Statements of the Company for the year ended March 31, 2026 together with the Reports of the Board of Directors and Auditor's thereon

2. Appointment of Mrs. Rajul Chordia (DIN: 08827725) liable to retire by rotation

Special Business - Special Resolution(s):

3. Re-appointment of Mrs. Rajul Chordia (DIN: 08827725) as Whole-time Director of the Company for a further period of 5 consecutive years, with effect from 27th September, 2026 to 26th September, 2031

4. Appointment of Mr. Jash Amit Adani (DIN: 11746006) as an Independent Director of the Company, not liable to retire by rotation, to hold office for a consecutive term of five years commencing from 28th May, 2026 to 27th May, 2031

5. Approval for payment of overall managerial remuneration to all directors (aggregate not for individual director) of the company in excess of statutory limits under section 197 read with Schedule V of the Companies Act, 2013

Additional Proceedings

Members asked queries/concerns which were responded to their satisfaction. The meeting concluded at 11:40 A.M. (IST) with a vote of thanks to the Chair.