Aayush Art And Bullion Ltd

CFO Appointment

• Appointment of Mr. Belim Rifaqathussain Mehboobbhai as Chief Financial Officer effective 24 August 2026.
• Profile: Finance professional with 15+ years in accounting, taxation, compliance, and financial reporting.
• Effective date and term: 24 August 2026; term not specified.
• Disclosure of relationships between directors: NA.

Appointment of CS & CO

• Mr. Anuj Maheswari appointed Company Secretary and Compliance Officer, effective 21 August 2026.
• Qualified CS with 10+ years' experience, including 6+ years with Sterling Power Ventures Pvt. Ltd.
• No relationships with directors or promoters disclosed.

CFO resignation

• Ms. Bhagyashri Shyambihari Agrawal resigned as CFO effective 20 August 2026.

Financial performance

• Total income ₹21,636.70 lakhs; up from ₹7,378.30.
• Profit after tax ₹789.17 lakhs; up from ₹180.66.
• EPS ₹5.15 per share (basic and diluted).
• Tax expense ₹282.14 lakhs; current ₹275.07; deferred ₹1.31.
• Net cash from operating activities ₹-7.04 lakhs.

Operational KPIs & assets

• Trade receivables ₹9,899.77 lakhs.
• Inventories ₹1,700.14 lakhs.
• Current assets ₹12,512.43 lakhs; current liabilities ₹6,454.12 lakhs.
• Net debt ₹-67.98 lakhs; debt-to-equity −0.01.

Capital structure & dividends

• Equity share capital ₹1,531.22 lakhs; reserves ₹4,546.63 lakhs.
• Total equity ₹6,077.85 lakhs; no dividend for FY2025-26.
• Borrowings nil; framework to borrow up to ₹100 crore.
• Authorized capital ₹17 crore; issued equity ₹15.31 crore.

Governance changes

• MD Mehal Bipinchandra Raval appointed for five years from 23 Jul 2026.
• Maulik Shah resigned as MD on 23 Jul 2026.
• Bhavnaben Trivedi appointed Director on 21 May 2025.
• CFO Bhagyashri Agrawal appointed 7 Jul 2025.
• AGM via VC/OAVM on 10 Sept 2026.
• Board meetings held: 8 in FY25-26.

Borrowing framework

• Resolution to permit loans/guarantees/investments up to ₹100 crore.
• Assets may be mortgaged/charged to secure borrowings up to ₹100 crore.

Related party transactions

• Loans to Maulik Shah ₹21.00 lakh; rent paid to Sweta Shah ₹5.59 lakh.
• Related party balances: ₹21.00 lakh loan; ₹0.50 lakh rent payable.
• No other material related-party transactions disclosed.

Audit & internal controls

• Statutory auditors: Kapish Jain & Associates.
• Secretarial auditor: Vaibhav Sharma & Associates.
• Internal audit: Appa & Associates; MR-3 unqualified.

Management discussion & outlook

• Franchise-led expansion across India; select international markets.
• Omnichannel retail integration with digital platforms.
• Risks: gold price volatility, FX, inflation, regulations.

CSR & regulatory

• CSR applicability will be complied with; policy to be formed.
• Registered office moved from Delhi to Gujarat; approvals obtained.
• Secretarial/compliance maintained; no major regulatory orders.

Book Closure Details

• Book closure for 17th AGM from 4 September 2026 to 10 September 2026 (inclusive).
• Purpose: conduct the 17th AGM of Aayush Art and Bullion Limited.
• Record date for remote voting eligibility: 3 September 2026.
• E-voting window: 7 September 2026, 09:00 to 9 September 2026, 17:00.
• AGM date and time: 10 September 2026 at 03:30 PM via Video Conferencing/OAVM.
• Security type: equity shares; closure covers Register of Members and transfer books.

Key Decisions

• Approved 17th AGM notice for 10 September 2026 via VC/OAVM.
• Approved Director's Report and annexures for FY ended 31 March 2026.
• Authorized board to grant loans, guarantees, investments up to Rs 100 crore.
• Section 185: loans/guarantees/securities to directors' related entities within Rs 100 crore cap.
• Section 180(1)(c): borrowings above paid-up capital limit up to Rs 100 crore.
• Section 180(1)(a): authority to create charges up to Rs 100 crore.
• Appointed Mr. Amit Saxena, PCS, as Scrutinizer for remote e-voting.
• Updated corporate office address to A-1207, Unicus Shyamal, Ahmedabad-380051.

Insider trading disclosure

• Intimation under Regulation 7(2) and 6(2) SEBI PIT 2015 received from Eklingji Broking LLP; disclosure enclosed.

Insider trading disclosure

• Intimation received from M/s Eklingji Broking LLP under PIT Regulations 2015.
• Copy of the disclosure is enclosed with the filing.
• Date of intimation: 20-07-2026.
• Issuer identity: Aayush Art and Bullion Limited (formerly AKM Creations Limited).
• No financial impact disclosed.

Regulatory PIT disclosure

• Subject: SEBI PIT disclosure received under Regulation 7(2) and 6(2) from Eklingji Broking LLP.
• Intimation dated 17-07-2026 from Eklingji Broking LLP received; copy enclosed.
• Encloses copy of the disclosure; to be taken on record.
• Company renamed from AKM Creations Limited to Aayush Art and Bullion Limited.