Financial Performance Highlights (Amount in ₹ Lakhs)

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

| Revenue from Operations | 8,398.45 | 2,349.20 |

| Total Income | 8,398.45 | 2,349.20 |

| Total Expenses | 7,345.90 | 2,062.99 |

| Profit Before Tax (PBT) | 1,052.55 | 286.21 |

| Current Tax | 157.88 | 42.93 |

| Profit After Tax | 894.67 | 243.28 |

| Total Comprehensive Income | 894.67 | 243.28 |

Share Capital Structure

| Particulars | As at 31-Mar-26 | As at 31-Mar-25 |

| Authorized Capital | ₹36,00,00,000 (3.6Cr shares) | ₹16,00,00,000 (1.6Cr shares) |

| Issued, Subscribed & Paid-up | ₹18,16,81,600 (1.82Cr shares) | ₹9,36,81,600 (93.68L shares) |

Capital Changes during FY26:

  • Received listing approval for 61,98,000 equity shares issued pursuant to IPO
  • Allotted 26,02,000 equity shares pursuant to conversion of warrants into equity shares
  • Authorized share capital increased from ₹16Cr to ₹36Cr via EGM on 11th December, 2025

Annual General Meeting Details

Date: Wednesday, 30th September, 2026

Time: 12:30 PM

Mode: Video Conferencing / Other Audio Visual Means (VC/OAVM)

Record Date: 23rd September, 2026

Book Closure: 24th September to 30th September, 2026 (both days inclusive)

Agenda Items:

Ordinary Business:

1. Adoption of Audited Standalone Financial Statements for FY26

2. Re-appointment of Mrs. Nidhi Lodha (DIN: 09461614) who retires by rotation

Special Business:

3. Creation of charges on assets under Section 180(1)(a) for limits up to ₹200Cr

4. Borrowing limits under Section 180(1)(c) for amounts up to ₹200Cr

5. Appointment of M/s. NNJ & Co. as Secretarial Auditor for 5 years (FY27-FY31)

Board of Directors (as on 31st March, 2026)

  • Mr. Savinay Lodha (Managing Director)
  • Ms. Sushila Vinod Parakh (Independent Director)
  • Ms. Nidhi Lodha (Non-Executive Director)
  • Mr. Mitesh Patnecha (Independent Director)
  • Mr. Narendra Singh Chouhan (Non-Executive Director, w.e.f. 08th July, 2025)
  • Mr. Noratan Singh Rao (Executive Director, upto 11th December, 2025)

Key Managerial Personnel

  • Mr. Savinay Lodha (Managing Director & CFO w.e.f. 11th December, 2025)
  • Ms. Nayan Mehta (Company Secretary & Compliance Officer w.e.f. 12th March, 2025)
  • Mr. Noratan Singh Rao (CFO upto 11th December, 2025)

Business Operations

The Company is engaged in jewellery manufacturing business which involves designing and creation of various decorative pieces including necklaces, bracelets, earrings, rings, and other ornaments. Operations include both mass production and custom-made jewellery.

Borrowings and Financial Arrangements

Non-current borrowings: ₹679.20L (Previous year: ₹227.51L)

Current borrowings: ₹1,216.93L (Previous year: ₹951.77L)

Security Details:

  • Loan against property secured by Flat No. 3501 and 3502 on 35th Floor, Orbit Heights Towers
  • Loan from financial institution secured by first-ranking charge on land at Union Park Colony, Bandra
  • All loans additionally secured by personal guarantees of directors

Preferential Allotment Details

Pursuant to EGM approval on 11th December, 2025, the Company:

  • Allotted 26,02,000 equity shares upon conversion of warrants
  • Issue price: ₹26 per share (₹10 face value + ₹16 premium)
  • Allottees: Promoters and Non-Promoters
  • Subsequent to year-end, allotted additional 23,20,000 equity shares via warrant conversion

Subsidiary Information

  • During FY26, no subsidiary or associate company
  • Subsequent to year-end, Lodha Heritage Private Limited incorporated as subsidiary
  • M/s. Retaggio Trading Services LLP held 28.90% of paid-up equity share capital (diluted from previous holding)

Dividend and Reserves

  • No dividend declared during FY26
  • No amount transferred to reserves

Corporate Governance Compliance

  • Board met 17 times during FY26
  • All mandatory committees constituted: Audit Committee, Nomination and Remuneration Committee, Stakeholders Relationship Committee
  • Whistle Blower Policy and Vigil Mechanism in place
  • No complaints of sexual harassment received during the year

Related Party Transactions

All related party transactions were in ordinary course of business and at arm's length basis. No materially significant transactions with potential conflict of interest.

Risk Factors Identified

  • Commodity Price Risk (fluctuations in gold and raw material prices)
  • Foreign Exchange Risk (import/export activities)
  • Regulatory Risk (changes in hallmarking, customs, anti-money laundering laws)
  • Operational Risk (dependence on skilled artisans)

Material Events Post Year-End

  • Incorporation of Lodha Heritage Private Limited as subsidiary
  • Company became subject to CSR provisions under Section 135 of Companies Act, 2013
  • CSR Committee constituted and CSR Policy approved on 15th May, 2026

Listing and Shareholding

  • Listed on BSE SME Platform (Listing date: 7th April 2025)
  • 85.67% of equity share capital held in dematerialized form
  • Promoter holding: Savinay Lodha (22.65%), Retaggio Trading Services LLP (28.90%)