Manoj Jewellers Ltd

Financial performance

• Revenue from operations: ₹11,416.12 Lakhs for FY2025-26.
• Total income: ₹11,419.85 Lakhs for FY2025-26.
• Profit before tax: ₹1,218.33 Lakhs in FY2025-26.
• Profit after tax: ₹902.36 Lakhs in FY2025-26.
• Earnings per equity share: ₹10.40 (basic and diluted) for FY2025-26.
• Net profit margin: 7.90% for FY2025-26.
• Return on equity: 33.80% for FY2025-26.

Capital structure & IPO

• IPO listing on BSE SME on May 12, 2025; 30,00,000 shares at ₹54.
• IPO proceeds ₹1,620 Lakhs; used for debt repayment ₹1,323 Lakhs and general corporate ₹167 Lakhs.
• Authorized capital increased to ₹19 crore via postal ballot on 18-Feb-2026.
• Issued and paid-up capital as at 31-03-2026: ₹898.56 Lakhs across 8,985,628 shares.

Dividends & reserves

• Dividend not declared for FY2025-26.
• Reserves and surplus closing ₹2,987.60 Lakhs; opening ₹854.57 Lakhs.
• Securities premium: ₹1,230.67 Lakhs; total reserves ₹2,987.60 Lakhs.
• Promoter holdings as of 31-03-2026: Manoj 30.17%, Sunil 16.84%, Raj Kumari 7.04%, Shalu 10.21%.

Debt & liquidity

• Total debt ₹1,730.76 Lakhs; long-term ₹905.39, short-term ₹825.37.
• Major facilities: IndusInd Bank ₹10 Cr term loan; overdraft ₹5 Cr; Axis Bank OD ₹1 Cr; cash credit ₹3.5 Cr.
• Cash and bank balances ₹197.10 Lakhs.
• Net cash from operating activities ₹(1,081.40) Lakhs; financing activities ₹1,257.26 Lakhs; net increase ₹174.64 Lakhs.

Governance & management

• CFO Mayank Girishbhai Garach resigned 4-Jun-2026; Sunil Shantilal appointed CFO 24-Jun-2026.
• MD Manoj Kumar reappointed for 5 years from 16-Jul-2027; remuneration up to ₹50 Lakhs.
• WTD Raj Kumari reappointed for 5 years from 16-Jul-2027; remuneration up to ₹35 Lakhs.
• Executive Director Sunil Shantilal reappointed post-16-Jul-2027; remuneration up to ₹40 Lakhs.
• Board meetings: 10; Audit Committee: 3; Nomination & Remuneration: 2; Stakeholders Relationship: 1.

Audits & AGM

• Statutory auditors: Mardia & Associates; 5-year term up to 2028-29; no qualifications.
• 19th AGM scheduled for 12 Sept 2026; remote e-voting from 9-11 Sept 2026.

CSR & risk

• CSR policy; obligation ₹7.81 Lakhs; spent ₹8.00 Lakhs; no shortfall.
• CSR activities include education; donation to Shree Veer Lonkashah Sanskrit Gyanpeeth.
• Vigil mechanism via Whistle Blower; risk management reviewed by Board; forward-looking statements.

Key Decisions

• Approved offer materials for rights issue; record date Aug 21, 2026.
• Director's Report for FY ended 31 March 2026 approved.
• Remuneration of directors exceeding limit to be considered for approval at AGM.
• Re-appointment of Raj Kumari as Whole-Time Director; promoter; effective 16 July 2027; five-year term; subject to AGM approval.
• Re-appointment of Manoj Kumar as MD; effective 16 July 2027; five-year term; subject to AGM approval.
• Re-appointment of Sunil Shantilal as Executive Director; effective 16 July 2027; five-year term; subject to AGM approval.
• Notice of 19th AGM proposed for 12 Sep 2026 at 3:00 PM, Chennai.
• Appointed Dilip Swarankar & Associates as Scrutinizer for e-voting and ballot papers.
• Cut-off date fixed to determine members eligible to vote.

Right Issue Record Date

• Type of security: Equity shares.
• Record Date: Friday, August 21, 2026.
• Purpose: Determine shareholders eligible for Rights Entitlements.

Rights Issue Details

• Rights Issue of 89,85,628 equity shares of Rs 10 each approved.
• Total issue size Rs 17,97,12,560.
• Rights Issue price Rs 20 per share, including Rs 10 premium.
• Rights entitlement ratio 1:1.
• Record date Aug 21, 2026.
• Opening date Aug 31, 2026.
• On-market renunciation deadline Sept 24, 2026.
• Off-market renunciation deadline Sept 28, 2026.
• Post-issue outstanding shares 1,79,71,256; prior 89,85,628.
• Issue closing date Sept 29, 2026.

Price movement clarification

• Share price movement is market-driven and not connected to management.
• Company complies with Regulation 30 of LODR and will inform exchanges of material information.
• Management is not connected to any price movement.

Dematerialisation status

• No physical share certificates were received for dematerialisation from the depository participant.

Board meeting and rights issue update

• Board meeting postponed; held to approve right issue terms and record date
• Meeting originally scheduled July 1, 2026; date rescheduled after typographical error
• Purpose: fix record date, issue price, entitlement ratio, and other rights issue terms
• In-principal stock exchange approval for rights issue is still pending
• Meeting to be held within next working day after receipt of in-principal approval
• Corrigendum issued due to typographical error in earlier intimation

Board meeting postponed

• Board meeting postponed from July 1, 2026 to await stock exchange in-principle approval for rights issue.
• Meeting aims to consider record date, issue price, entitlement ratio, and other terms related to the rights issue.
• In-principle stock exchange approval is currently under process.
• Next board meeting date will be the next working day after approval.