AGM Details

The 19th Annual General Meeting is scheduled to be held on Saturday, September 12, 2026, at 03:00 P.M. at the Registered Office of the Company at NO 59, NSC BOSE ROAD SOWCARPET, Chennai, Tamil Nadu, India, 600079.

Remote e-voting shall commence on Wednesday, September 09, 2026, at 09:00 a.m. (IST) and end on Friday, September 11, 2026, at 05:00 p.m. (IST). The cut-off date for determining members entitled to vote is Friday, September 04, 2026.

Business to be Transacted

Ordinary Business:

1. Adoption of Audited Standalone Financial Statements for the financial year ended March 31, 2026, together with Reports of Board of Directors and Auditors.

2. Appointment of Mr. Sunil Shantilal (DIN: 01730790) as Executive Director, liable to retire by rotation.

Special Business:

3. Increasing remuneration of directors exceeding the overall managerial remuneration limit as per Section 197 of Companies Act, 2013 (Special Resolution).

4. Re-appointment of Ms. Raj Kumari (DIN: 09607998) as Whole-Time Director and fixation of remuneration (Special Resolution).

5. Re-appointment of Mr. Manoj Kumar (DIN: 01730747) as Managing Director and fixation of remuneration (Special Resolution).

6. Re-appointment of Mr. Sunil Shantilal (DIN: 01730790) as Executive Director of the Company (Special Resolution).

Financial Performance Highlights (FY 2025-26)

  • Revenue from Operations: ₹11,416.12 lakhs (FY 2024-25: ₹5,961.81 lakhs) - 91.5% increase
  • Total Income: ₹11,419.85 lakhs (FY 2024-25: ₹5,963.87 lakhs) - 91.5% increase
  • Profit Before Tax: ₹1,218.33 lakhs (FY 2024-25: ₹632.34 lakhs) - 92.6% increase
  • Profit After Tax: ₹902.36 lakhs (FY 2024-25: ₹476.48 lakhs) - 89.4% increase
  • Earnings Per Share: ₹10.40 (FY 2024-25: ₹7.96)
  • No dividend recommended for FY 2025-26

Capital Structure

  • Authorized Share Capital: Increased from ₹10,00,00,000 to ₹19,00,00,000 during FY26
  • Paid-up Equity Share Capital: ₹8,98,56,280 divided into 89,85,628 shares of ₹10/- each
  • Reserves and Surplus: ₹2,987.60 lakhs (FY 2024-25: ₹854.57 lakhs)

Director Reappointment and Remuneration Details

Mr. Manoj Kumar (Managing Director)

  • Proposed reappointment for 5 years from July 16, 2027
  • Remuneration: Up to ₹50,00,000 per annum
  • Current shareholding: 30.17%
  • Age: 51 years, Experience: 16+ years in jewellery business

Ms. Raj Kumari (Whole-Time Director)

  • Proposed reappointment for 5 years from July 16, 2027
  • Remuneration: Up to ₹30,00,000 per annum (notice mentions ₹35,00,000 in explanatory statement)
  • Current shareholding: 7.04%
  • Age: 50 years, Experience: 4+ years in jewellery business

Mr. Sunil Shantilal (Executive Director)

  • Proposed reappointment after July 15, 2027
  • Remuneration: Up to ₹40,00,000 per annum
  • Current shareholding: 16.84%
  • Age: 43 years, Experience: 16+ years in jewellery business

Managerial Remuneration Approval

Special Resolution seeks approval for payment of aggregate managerial remuneration exceeding 11% but not exceeding 20% of net profits computed under Section 198 of Companies Act, 2013 for FY 2026-27.

Corporate Governance

  • Board Composition: 6 directors (3 executive, 3 independent)
  • Board Meetings: 10 meetings held during FY 2025-26
  • Committees: Audit Committee, Nomination & Remuneration Committee, Stakeholders Relationship Committee
  • Statutory Auditors: M/s Mardia & Associates, Chartered Accountants (Firm Registration No. 007888S)
  • Secretarial Auditors: M/s. Dilip Swarnkar & Associates, Company Secretary
  • Internal Auditor: M/s. Arham Professional Service, Consultancy Firm

Key Management Changes

  • Mr. Mayank Girishbhai Garach resigned as Chief Financial Officer effective June 4, 2026
  • Mr. Sunil Shantilal appointed as Chief Financial Officer effective June 24, 2026

CSR Activities

  • CSR obligation for FY 2025-26: ₹7,81,350 (2% of average net profit)
  • Amount spent: ₹8,00,000 on education initiatives
  • Donation made to Shree Veer Lonkashah Sanskrit Gyanpeeth

Other Material Information

  • The company is engaged in retail and wholesale business of jewellery and ornaments made from gold and diamonds
  • Inventory value: ₹4,905.85 lakhs as of March 31, 2026
  • Trade receivables: ₹751.41 lakhs as of March 31, 2026
  • Long-term borrowings: ₹905.39 lakhs as of March 31, 2026
  • Short-term borrowings: ₹825.37 lakhs as of March 31, 2026
  • Cash and bank balances: ₹197.10 lakhs as of March 31, 2026

Voting Information

  • Members can vote electronically through NSDL e-Voting system
  • Proxy forms must be deposited at registered office not less than 48 hours before meeting
  • Detailed voting instructions provided in the notice

Documents Available for Inspection

  • Annual Report 2025-26 and AGM notice available on company website (www.manojjewellerslimited.com) and BSE website (www.bseindia.com)
  • Register of Directors and Key Managerial Personnel and their Shareholding
  • Register of Contracts or Arrangements in which Directors are interested