Lypsa Gems & Jewellery Ltd

Financial statements approved

• Audited financial statements for year ended 31 March 2026 approved; audit report without qualification.

Director appointment

• Re-appointment of Jeeyan Dipan Patwa as Executive Director, retiring by rotation, approved.

AURUS GEM CORPORATION LIMITED closes trading window from October 1, 2026 till 48 hours after the declaration of its Unaudited Financial Results for the Quarter ended September 30, 2026

AGM notice and key dates

• Newspaper ads published: Free Press Gujarat (English) and LokMitra (Gujarati).
• Notice relates to 31st AGM, with e-voting cut-off and book-closure dates.
• Information prepared under Section 108 of the Companies Act, 2013.

AGM Details

• 31st AGM to be held via Video Conferencing on 29 September 2026 at 11:30 IST.
• Venue deemed at registered office under VC/OAVM guidelines.
• Register of Members and Share Transfer Books will close 23-29 Sep 2026.
• Remote e-voting window opens 26-28 September 2026.
• VC/OAVM attendance capped at 1000 members on a first-come basis.

Key Resolutions

• Ordinary: Adoption of standalone financial statements for the year ended March 31, 2026.
• Ordinary: Consideration and adoption of Board and Auditor reports.
• Ordinary: Re-appointment of Jeeyan Dipan Patwa as Executive Director, liable to retire by rotation.

AGM Details

• AGM scheduled for Tuesday, 29 September 2026 at 11:30 AM IST via VC/OAVM.
• Register of members and share transfer books closes from 23 to 29 September 2026.
• Remote e-voting window opens 26 September 2026 at 9:00 AM and closes 28 September 2026 at 5:00 PM.
• Cut-off date for eligibility to vote remotely is 22 September 2026.
• Notice dispatch to members occurred on 7 September 2026; annual report available electronically.
• E-voting is via NSDL; queries may be directed to the provided help contacts.
• Company name updated to Aurus Gem Corporation Limited (formerly Lypsa Gems & Jewellery Limited).
• Notice and annual report will be available on the company website and stock exchanges.

AGM Details

• 31st AGM scheduled for 29 Sep 2026 at 11:30 IST via VC/OAVM.
• Remote e-Voting from 26 Sep 2026 to 28 Sep 2026; cut-off 22 Sep 2026.
• Annual Report 2025-26 available online; AGM notice enclosed.
• Mode: VC/OAVM.

Financial highlights

• Standalone total income ₹1595.42 Lakh; down from ₹1668.76 Lakh.
• Profit before tax ₹171.02 Lakh; reversal from prior-year loss.
• Profit after tax ₹173.10 Lakh; improvement over prior loss.
• Earnings per share ₹0.59; no dividend declared.
• Balance sheet: total assets ₹6,852.96 Lakh; equity ₹2,948.40 Lakh.

Capital structure & shareholding

• Equity share capital: ₹29.48 Cr; 2,94,84,000 shares.
• No change in share capital during the year.
• Promoters hold approximately 36.37% of shares.
• Company changed name to Aurus Gem Corporation Limited in 2026.

Operations & business model

• Manufacturing ceased; focus now on diamond trading.
• No subsidiary; no manufacturing activity.
• Single operating segment: trading in diamonds.

Governance & board

• Board of nine directors; four independent; one woman director.
• Jeeyan Dipan Patwa re-appointed as Executive Director.
• Rajesh Pravinchandra Rajyagor appointed Independent Director in 2025.
• Board met six times during the year.

Audit, risk & compliance

• Auditor: M/s B. B. Gusani & Associates; internal auditor not yet appointed.
• Secretarial MR-3 conducted; SEBI enforcement actions noted; some fines paid.
• Internal controls exist; formal internal audit appointment in progress.
• Unclaimed dividends and IEPF transfers data being compiled.

AGM, governance & shareholder matters

• 31st AGM to be held via VC/OAVM on 29 Sept 2026 at 11:30 AM.
• Postal ballots approved change of name, disposal of assets, appointment of Rajyagor.
• Remote e-voting window: 26-28 Sept 2026.

Regulatory & contingencies

• Tax disputes noted: AY 2017-18 ₹0.12 Cr; AY 2018-19 ₹57.62 Cr; AY 2020-21 ₹17.83 Cr.
• AY 2022-23 ₹1.55 Cr; TDS ₹0.05 Cr.
• Unclaimed dividends and fraction shares require transfer to IEPF; data being compiled.
• Manufacturing license not applicable; manufacturing ceased; compliance ongoing.

Meeting Details

• Date: September 5, 2026; time not disclosed; at the Company's Registered Office.

Key Agenda Items

• To consider and approve draft of Director's Report and Secretarial Audit Report for year ended March 31, 2026.
• To fix day, date, time and venue for Annual General Meeting.
• To decide on dates for closure of Register of Members and Share Transfer Register for annual book closure.
• To consider and approve draft of notice for Annual General Meeting.
• To appoint Scrutinizer for remote e-voting and AGM voting.
• Any other business with the Chairman's permission.

Other Notes

• Trading window closure periods not disclosed in the filing.

Financial results and disclosures

• Unaudited standalone quarterly results for quarter ended 30 June 2026 approved with Limited Review Report.
• Revenue from operations for quarter ended 30 June 2026: 236.69 lakh.
• Total income for quarter ended 30 June 2026: 236.69 lakh.
• Profit after tax for quarter ended 30 June 2026: 7.49 lakh.
• Earnings per share (basic/diluted) for quarter ended 30 June 2026: 0.03.
• Board approved the results at meeting held on 14 August 2026; business reviewed.
• Limited Review Report by auditor Bhargav B. Gusani noted no material observations.
• Results prepared in accordance with Ind AS; board notes compliance with SEBI LODR.