AGM Details

  • Date & Time: Friday, September 25, 2026 at 09:30 A.M. IST
  • Venue: YWCA of Delhi, 1 Ashoka Road, New Delhi – 110001
  • Book Closure Period: Friday, September 18, 2026 to Friday, September 25, 2026 (Both Days Inclusive)
  • Cut-off Date for Voting: Thursday, September 17, 2026
  • Remote E-Voting Period: Commences Tuesday, September 22, 2026 at 09:00 A.M. IST and ends Thursday, September 24, 2026 at 05:00 P.M. IST
  • Scrutinizer: Ms. Prachi Bansal, Practicing Company Secretary

Business to be Transacted

Ordinary Business:

1. Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026 and Reports of Board of Directors and Auditors

2. Re-appointment of Mr. Karan Suri (DIN: 01193500) as Director liable to retire by rotation

Special Business:

3. Appointment of Mr. Nikhil Jain (DIN: To be applied) as Non-Executive Independent Director for a term of five years from September 25, 2026 to September 24, 2031

4. Special Resolution to increase limits for making investments/extending loans/giving guarantees/providing securities to persons/bodies corporate up to ₹19,00,00,000 (Nineteen Crores), exceeding the limits prescribed under Section 186 of Companies Act, 2013

5. Appointment of Ms. Prachi Bansal, Practicing Company Secretary (ACS No.: 23670, C.P. No.: 43355) as Secretarial Auditor for five financial years from FY 2025-26 to FY 2029-30 at remuneration of ₹10,000 for FY 2025-26

Financial Performance Highlights (₹ in Lakhs)

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

| Revenue from Operations | 264.78 | 280.73 |

| Other Income | 2713.96 | 1.80 |

| Total Income | 2978.74 | 282.53 |

| Total Expenditure | 290.10 | 306.30 |

| Profit/(Loss) Before Tax | 2688.64 | (23.77) |

| Tax Expenses | 396.68 | (84.85) |

| Profit/(Loss) After Tax | 2291.97 | 61.07 |

| Other Comprehensive Income | 17.21 | (0.37) |

| Total Comprehensive Income | 2309.18 | 60.70 |

Key Financial Notes

  • Exceptional Item: Gain of ₹25,55,04,220 from sale of land and buildings during Q4 FY 2025-26 for consideration of ₹27,00,00,000 (disclosed in Note 36)
  • Dividend: No dividend recommended for FY 2025-26
  • Share Capital: Authorized ₹8.10 crores (7,01,16,000 equity shares of ₹1 each + 10,88,400 preference shares of ₹10 each); Paid-up ₹5.22 crores (4,13,16,000 equity shares + 10,88,400 preference shares)
  • Investments: Stated at fair value based on last available audited financial statements of invested entities

Corporate Governance

  • Board of Directors: Mr. Bhushan Kumar Narula (Managing Director), Mrs. Rita Narula (Whole Time Director), Ms. Arunima Sahu (Independent Director), Mr. Deepankar Jain (Independent Director), Mr. Karan Suri (Non-Executive Director)
  • Key Managerial Personnel: Mr. Chandar Prakash (CFO), Ms. Sakshi Bansal (Company Secretary)
  • Board Meetings: 5 meetings held during FY 2025-26 with full attendance by all directors
  • Committee Meetings: Audit Committee (5 meetings), Nomination and Remuneration Committee (2 meetings), Stakeholders' Relationship Committee (1 meeting)

Other Material Information

  • Business Operations: Primarily engaged in manufacturing and sale of gold and silver jewellery under brands "Kuhjohl" and "Sincere"; expanding into textiles under "mingALL" trademark
  • BIS Registration: Hallmark "ORO" registered with Bureau of Indian Standards
  • Related Party Transactions: Transactions with B.K. Narula (HUF), Xtrems Retails Pvt. Ltd., and Rita Narula totaling ₹173.30 lakhs
  • Employee Strength: 6 employees (excluding directors)
  • CSR: Not applicable as company doesn't meet criteria under Section 135 of Companies Act, 2013

Voting Instructions

Detailed instructions provided for remote e-voting through NSDL platform for shareholders holding shares in both physical and dematerialized form, including login methods for NSDL and CDSL account holders.