AGM Details

The 17th Annual General Meeting of Aayush Art and Bullion Limited is scheduled to be held on Thursday, September 10, 2026, at 03:30 P.M. (IST) through Video Conferencing (VC)/Other Audio Visual Means (OAVM). The deemed venue for the AGM is the registered office of the Company at A-1207, Unicus Shyamal, Opp. Iconic Shyamal Cross Road, Vejalpur, Ahmedabad-380051, Gujarat, India.

Business to be Transacted

Ordinary Business:

1. Item No. 01: To receive, consider and adopt the audited financial statements of the Company for the financial year ended March 31, 2026 and the reports of the Board of Directors and Auditors thereon.

2. Item No. 02: Appointment of Ms. Bhavnaben Prahaladbhai Trivedi (DIN: 11048317), who retires by rotation, and being eligible, offers herself for re-appointment.

Special Business:

3. Item No. 03: Regularization of Mr. Mehal Bipinchandra Raval (DIN: 10797136) as a Managing Director of the Company for a period of five years with effect from July 23, 2026.

4. Item No. 04: Approval to give loans, guarantees, provide securities and make investments under Section 186 of the Companies Act, 2013, up to an aggregate amount of ₹100 Crores.

5. Item No. 05: Approval for giving loan or guarantee or providing security in connection with loan availed by any person in whom any of the Director of the Company is interested under Section 185 of the Companies Act, 2013, up to ₹100 Crores.

6. Item No. 06: To approve power to borrow funds pursuant to Section 180(1)(c) of the Companies Act, 2013, up to ₹100 Crores.

7. Item No. 07: Approval for increase in limits under Section 180(1)(a) of the Companies Act, 2013 for creating charge on the assets of the Company up to ₹100 Crores.

Financial Performance Highlights (Amount in Lakhs)

| Particulars | FY 2025-26 | FY 2024-25 |

| Total Income | 21,636.70 | 7,378.30 |

| Total Expenditure | 20,565.40 | 7,137.05 |

| Profit Before Tax | 1,071.31 | 241.23 |

| Tax Expense | 282.14 | 60.57 |

| - Current Tax | 275.07 | 61.45 |

| - Tax of Earlier Period | 5.76 | - |

| - Deferred Tax | 1.31 | (0.88) |

| Profit After Tax | 789.17 | 180.66 |

| Earnings per Equity Share (₹10 face value) | | |

| - Basic | 5.15 | 1.29 |

| - Diluted | 5.15 | 1.29 |

Capital Structure

  • Authorized Share Capital: ₹17,00,00,000 divided into 1,70,00,000 Equity Shares of ₹10 each
  • Issued, Subscribed and Paid-up Capital: ₹15,31,21,750 divided into 1,53,12,175 equity shares of ₹10 each
  • No changes in share capital during FY26

Dividend

No dividend recommended for the financial year 2025-26.

Directors and Key Managerial Personnel Changes

Appointments during FY26:

  • Ms. Bhavnaben Prahaladbhai Trivedi as Non-Executive Director (from May 21, 2025)
  • Ms. Bhagyashri Shyambihari Agrawal as Chief Financial Officer (from July 07, 2025)
  • Mr. Afsar Ismail Khan as Non-Executive Independent Director (from July 16, 2025)
  • Mr. Dharmesh Pravinbhai Sanghvi as Non-Executive Independent Director (from September 04, 2025)

Resignations during FY26:

  • Ms. Punam Anil Mohod as Director (from May 21, 2025)
  • Mr. Pradipbhai Rathod as Director (from July 16, 2025)
  • Mr. Pankaj Kumar Rawat as Company Secretary & Compliance Officer (from April 15, 2026)

Post-Year End Changes:

  • Mr. Maulik Rajendrabhai Shah resigned as Managing Director (from July 23, 2026)
  • Mr. Mehal Bipinchandra Raval appointed as Additional Executive Director designated as Managing Director (from July 23, 2026)

Board and Committee Meetings

  • 8 Board meetings held during FY26 on: 21.05.2025, 30.05.2025, 07.07.2025, 16.07.2025, 04.09.2025, 13.11.2025, 13.01.2026, 09.02.2026
  • 3 Audit Committee meetings held
  • 4 Nomination and Remuneration Committee meetings held
  • 1 Stakeholder Relationship Committee meeting held

Registered Office Shift

The Company shifted its Registered Office from C-110, G/F, Bhola Nath Nagar, Shahdara, Delhi East, Delhi - 110032, India to A-1207, Unicus Shyamal, Opp. Iconic Shyamal Cross Road, Vejalpur, Ahmedabad - 380051, Gujarat, India, approved by Regional Director, Noida vide order dated February 2, 2026.

Subsidiary Plans

The Company has initiated the process for incorporation of a subsidiary in Dubai, United Arab Emirates.

Corporate Social Responsibility

Based on the net profit for FY26, the Company has become eligible for applicability of Section 135(1) of the Companies Act, 2013 relating to CSR provisions and shall comply with the requirements.

E-Voting Arrangements

  • Remote e-voting through NSDL from September 7, 2026 (9:00 AM) to September 9, 2026 (5:00 PM)
  • Cut-off date for determining members entitled to vote: September 3, 2026
  • Register of Members and Share Transfer Books will remain closed from September 4, 2026 to September 10, 2026

Key Financial Ratios

| Ratio | FY26 | FY25 | Change | Reason |

| Current Ratio | 1.94 | 9.55 | -80% | Increase in current liabilities |

| Debt-Equity Ratio | 1.06 | 0.10 | 1010% | Increase in equity |

| Inventory Turnover Ratio | 12.41 | 8.11 | 50% | Increase in revenue and average inventory |

| Net Profit Ratio | 0.04 | 0.02 | 49% | Decrease in revenue |

| Return on Capital Employed | 0.18 | 0.05 | 286% | Increase in capital employed |

Significant Orders

Regional Director, Noida approved shifting of Registered Office from Delhi to Gujarat vide order dated February 2, 2026.

Material Contracts/Arrangements

No material related party transactions requiring disclosure under Section 188(1) of the Companies Act, 2013.

Audit Qualifications

No qualifications, reservations or adverse remarks in the Statutory Auditor's Report or Secretarial Audit Report.

Compliance Status

Company affirms compliance with all applicable laws including Sexual Harassment of Women at Workplace Act, 2013 (no complaints received), Maternity Benefit Act, 1961, and Prevention of Insider Trading regulations.