Key Dates

  • AGM Date: Tuesday, September 29, 2026 at 03:00 PM
  • Cut-off date for e-voting: Wednesday, September 23, 2026
  • E-voting period: September 26, 2026 (9:00 AM) to September 28, 2026 (5:00 PM)
  • Effective date for remuneration revision: September 2, 2026

AGM Agenda Items

Ordinary Business:

1. Adoption of Audited Standalone Financial Statements for FY 2025-2026

2. Re-appointment of Mrs. Sarika Amit Naheta (DIN: 03515120) who retires by rotation

Special Business:

3. Alteration of object clause of Memorandum of Association to enable investment activities

4. Re-appointment of Mrs. Pooja Naheta (DIN: 03548285) as Managing Director and revision in remuneration from ₹1,00,000 to ₹1,50,000 per month

5. Revision in remuneration of Mrs. Sarika Naheta (DIN: 03515120), Executive Director from ₹1,00,000 to ₹1,50,000 per month

Financial Performance Highlights (FY 2025-2026)

  • Revenue from Operations: ₹3,492.74 lakh (Previous year: ₹3,134.33 lakh)
  • Other Income: ₹4.15 lakh (Previous year: ₹0)
  • Total Income: ₹3,496.89 lakh
  • Net Profit: ₹51.90 lakh (Previous year: ₹42.06 lakh)
  • EPS: ₹1.08 (Previous year: ₹0.88)
  • Inventory: ₹2,345.45 lakh (Previous year: ₹1,825.09 lakh)
  • Trade Receivables: ₹375.70 lakh (Previous year: ₹14.57 lakh)
  • Cash and Cash Equivalents: ₹28.48 lakh (Previous year: ₹14.53 lakh)

Capital Structure

  • Paid-up Equity Share Capital: ₹479.00 lakh (47,90,000 equity shares of ₹10 each)
  • Reserves and Surplus: ₹1,935.63 lakh
  • Total Shareholders' Funds: ₹2,414.63 lakh

Board of Directors

  • Mrs. Pooja Vineet Naheta - Managing Director
  • Mrs. Sarika Amit Naheta - Executive Director
  • Mr. Srinivas Ramchandra Kudikyala - Non-Executive Director
  • Ms. Kinjal Darshit Parkhiya - Non-Executive Independent Director
  • Ms. Saloni Sonkar - Non-Executive Independent Director

Key Managerial Personnel

  • Mrs. Akshita Agrawal - Company Secretary & Compliance Officer
  • Mr. Santosh Gopale - Chief Financial Officer (appointed w.e.f. December 30, 2025)

Remuneration Details

Mrs. Pooja Naheta (Managing Director):

  • Existing remuneration: ₹1,00,000 per month
  • Proposed remuneration: ₹1,50,000 per month
  • Effective date: September 2, 2026
  • Shareholding: 16,10,000 shares (33.61%)

Mrs. Sarika Naheta (Executive Director):

  • Existing remuneration: ₹1,00,000 per month
  • Proposed remuneration: ₹1,50,000 per month
  • Effective date: September 2, 2026
  • Shareholding: 16,10,000 shares (33.61%)

Borrowings

  • Short-term Borrowings (Secured): ₹432.65 lakh (Cash Credit from State Bank of India)
  • Interest rate: 9.65% per annum (1.50% above EBLR of 8.15%)
  • Security: Hypothecation of all current assets and personal guarantees of directors

Corporate Actions

  • No dividend recommended for FY 2025-2026
  • No transfer to reserves
  • No shares issued with differential rights, sweat equity shares, or ESOP during the year

Voting Arrangements

  • E-voting through Bigshare Services Private Limited
  • Scrutinizer: Mr. Ritesh Sharma of M/s Ritesh Sharma & Associates
  • Physical attendance dispensed with due to VC/OAVM meeting

Material Changes

  • Company got listed on BSE SME platform on April 30, 2024
  • Change in CFO: Mrs. Sarika Naheta resigned as CFO w.e.f. December 30, 2025, Mr. Santosh Gopale appointed as new CFO
  • Board composition changes during the year with resignations and new appointments

Related Party Transactions

  • Transactions with directors and their relatives disclosed in financial statements
  • Outstanding trade payable with Kalakriti Agra Unit of Oswal Traders & Travel Pvt Ltd: ₹11.60 lakh

Internal Financial Controls

  • Auditors reported that internal financial controls system needs improvement and was not operating effectively as at March 31, 2026

Other Disclosures

  • Company engaged in manufacturing and import-export of jewellery and precious gems
  • No subsidiary companies
  • No material changes after year-end
  • No fraud reported by auditors