Date: 16.10.2026
Business Developments
Job Work Model Implementation
- The Company is working on a job work model for large customers where customers supply gold and the Company manufactures jewellery
- Compensation will be received for manufacturing services only
- Expected to reduce the Company's gold inventory requirement
- Expected to improve working capital efficiency
- Expected to increase overall capacity utilization
New Product Focus Area
- Company is introducing and developing lightweight plain gold jewellery
- Aimed at widening the product portfolio
- Addresses growing demand in the lightweight plain gold jewellery category
Supply Tie-ups Exploration
- Company is exploring avenues for entering into supply tie-ups with a few large corporate clients
- This would involve supply of the Company's jewellery products to these clients
- Currently at preliminary stage only
- As of 16.10.2026, no definitive agreement, memorandum of understanding or binding commitment has been executed with any party
- There is no certainty that these explorations will result in a definitive arrangement