Key Dates and Procedural Information
- AGM Date: 28th September 2026 at 12:30 PM IST
- Cut-off Date: 21st September 2026 for determining eligibility to vote
- Remote E-voting Period: Commences on 25th September 2026 at 9:00 AM and ends on 27th September 2026 at 5:00 PM
- Book Closure: Register of Members and Share Transfer Books will remain closed from 22nd September 2026 to 28th September 2026 (both days inclusive)
- Record Date for Dividend: 21st September 2026 (if dividend is approved)
- Scrutinizer: CS Ajay Suman Shrivastava, Practicing Company Secretary, Hyderabad (COP-3479)
- E-voting Agency: Central Depository Services (India) Limited (CDSL)
Ordinary Business Items
1. Adoption of Financial Statements: To receive, consider and adopt the audited financial statements for the financial year ended 31st March 2026 along with the reports of Directors and Auditors.
2. Appointment of Statutory Auditors: To appoint M/s. Venugopal & Chenoy, Chartered Accountants, Hyderabad (FRN: 004671S) as statutory auditors for a period of 5 years commencing from the conclusion of this AGM till the conclusion of the 32nd AGM, at remuneration to be determined by the Board.
3. Re-appointment of Director: To re-appoint Mr. Sanjay Kumar Sanghi as a Director liable to retire by rotation.
4. Declaration of Dividend: To declare a dividend of ₹0.50 per equity share (5% on face value of ₹10 each) for FY 2025-26, as recommended by the Board at its meeting held on 28th May 2026.
Special Business Items
5. Material Related Party Transactions with SJPL: Approval for transactions with Sanghi Jewellers Private Limited (company having common directors) for purchase/sale of jewellery products, rent payment, and interest on ICD at prevailing market rates. Aggregate limit: ₹100 crore for the period from 01.10.2026 to 30.09.2027.
6. Related Party Transactions with Directors/Promoters: Approval for transactions with related parties including Sanjay Kumar Sanghi, Ritesh Kumar Sanghi, Pritha Sanghi, Bhavna Sanghi, Tejas Sanghi, Uday Sanghi, Sakshi Sanghi, and Mahima Sanghi. Includes rent paid, salary/remuneration paid, and rental deposit given with a transaction limit of ₹10 crore for the period from 01.10.2026 to 30.09.2027.
7. Increase in Borrowing Powers: Special resolution to authorize borrowing up to ₹250 crore under Section 180(1)(c) of Companies Act, 2013, exceeding the aggregate of paid-up capital, free reserves and securities premium.
8. Creation of Charges: Special resolution to authorize creation of charges/mortgages on company assets under Section 180(1)(a) of Companies Act, 2013, not exceeding ₹250 crore.
9. Investments/Loans/Guarantees: Special resolution to authorize making investments, giving loans, providing guarantees and securities under Section 186 of Companies Act, 2013, exceeding prescribed limits, up to ₹250 crore.
10. Appointment of Tejas Sanghi: Ordinary resolution to approve appointment of Mr. Tejas Sanghi (related party) as Business Development Head with remuneration not exceeding ₹54 lakh per annum effective from 13th August 2026.
11. Appointment of Sakshi Sanghi: Ordinary resolution to approve appointment of Mrs. Sakshi Sanghi (related party) as Associate Business Developer with remuneration not exceeding ₹42 lakh per annum effective from 13th August 2026.
Financial Impact
- Dividend payout amount not specified in the disclosure
- Related party transaction limits: ₹100 crore with SJPL and ₹10 crore with director relatives
- Borrowing limit increase: ₹250 crore
- Investment/loan/guarantee limit: ₹250 crore
- Appointment costs: ₹96 lakh annually for two related party appointments
Voting and Participation Details
The company has provided detailed instructions for:
- Remote e-voting through CDSL platform
- Participation in AGM through VC/OAVM
- Registration requirements for shareholders
- Helpdesk contacts for technical support
- Scrutinizer appointment for vote counting
Dividend Payment Information
- Dividend will be paid after deducting TDS as per Income-tax Act, 1961
- Payment will be made through electronic mode only
- Unclaimed dividends will be transferred to IEPF after 7 years
- Shares with unclaimed dividends for 7+ years will also be transferred to IEPF
Director Information
Mr. Sanjay Kumar Sanghi (DIN: 00629693), age 59, Commerce Graduate and Gemologist, appointed on 22-08-2011, holds 56,65,422 equity shares in the company, and draws remuneration of ₹6,00,000 per month.