Neogem India Ltd

Registered office change

• Previous address: G-32 Gems Jewellery Complex III, 2nd Floor, SEEPZ, Andheri East, Mumbai 400096.
• New address: 102 A, Options Primo Building, Plot X-21, MIDC Cross Road 21, Marol, Andheri East, Mumbai 400093.
• Effective from 15 October 2026.
• Within Mumbai local limits (same city).
• Reason for change not stated.
• Approval: Board of Directors.
• Corporate office for communication now at the new address.

AGM Details

• AGM held on 30 September 2026 from 9:30 to 10:30 AM IST.
• Mode: physical meeting at Hotel Suncity Premiere, SEEPZ, Mumbai.
• E-voting opened Sept 27–29, 2026; poll conducted at AGM.
• 18 members attended in person; no proxies.
• Scrutinizer appointed for poll: Hemanshu Kapadia & Associates.
• Quorum was satisfied for proceeding.
• Clarifications invited; no queries raised.
• Progress on resolutions to be intimated to BSE and NSDL.

Resolutions

• Ordinary: Adopt Audited Financial Statements, Board's Report, and Auditor's Report.
• Ordinary: Re-appoint Ronak Doshi as Director (retire by rotation).

Voting Status

• Results will be intimated to BSE and uploaded by Oct 2, 2026.
• Poll conducted; results pending as per filing.

Director Changes

• Ronak Doshi to be re-appointed as Director, subject to approval.

Neogem India Limited — Trading window closed from 1 October 2026 until 48 hours after the declaration of Un-Audited Financial Results for the quarter ended 30 September 2026

Book closure and AGM details

• Book closure: 23 Sep 2026 to 30 Sep 2026 (inclusive).
• Purpose: 35th AGM of Neogem India Limited.
• Security: Equity Shares.
• AGM date/time: 30 Sep 2026 at 09:30 a.m.
• Record date: 23 Sep 2026 for AGM entitlement.

AGM details

• Date and time: 30 September 2026, 9:30 a.m.
• Mode: Physical on-site meeting
• Venue: Hotel Suncity Premiere, SEEPZ, Mumbai
• Books close: Register/Transfer books closed 23–30 September 2026 (inclusive)

Key resolutions

• Adopt Audited Financial Statements and related reports for year ended 31 March 2026
• Re-appoint Ronak Doshi as Director; retires by rotation

Director changes

• Ronak Doshi to be re-appointed; liable to retire by rotation; remuneration Nil

Financials

• Revenue from operations: nil; production halted since Jan 2018.
• Other income: ₹0 in 2026; ₹0.09 in 2025.
• Total expenditure: ₹20.86 lakh in 2026; ₹31.65 lakh in 2025.
• Profit after tax: ₹-20.86 lakh in 2026; ₹-31.56 lakh in 2025.
• Earnings per share: Basic and diluted -0.26 in 2026; -0.39 in 2025.
• Dividend not recommended for 2025-26.
• Total assets ₹4,190.28 lakh and total liabilities ₹3,672.72 lakh at year-end.

Debt & liquidity

• Bank accounts classified as NPAs since 2016; trading suspended since 12 Jul 2022.
• Non-current borrowings ₹1,792.76 lakh; secured from PNB and Bank of India.
• Current liabilities ₹3,672.72 lakh; trade payables ₹1,596.33 lakh.
• Total assets pledged as security ₹4,130.61 lakh.
• Net cash from operations ₹1.46 lakh; cash at year-end ₹16.66 lakh.

Business status & revival

• No production in 2025-26; manufacturing halted since 2018.
• Management pursuing revival; no concrete near-term production plans disclosed.
• Accounts for banks NPAs; revival depends on restructuring and market conditions.

Governance & compliance

• Audit Committee, Nomination & Remuneration Committee, and Stakeholders' Relationship Committee exist.
• Internal Auditor not appointed; Section 138 non-compliance noted.
• Listing fee for 2025-26 unpaid; Secretarial Audit flagged several gaps.
• Ms. Shivali Mishra appointed Company Secretary in 2026.
• Ronak Doshi proposed for re-appointment; Annexure details in AGM notice.
• 35th AGM scheduled for 30 Sep 2026 at Hotel Suncity Premiere.

Related party & corporate actions

• Related-party borrowings from directors; year-end payables to Gaurav and Ronak Doshi.
• Top holders: Rekha Doshi 13%; Ronak Doshi 11%; Gaurav Doshi 11%; Urvinderpal Attarsingh 10%.
• AGM notice includes ordinary business: adoption of financial statements and director re-appointment.

Auditor's report & going concern

• Independent Auditor's Report conveys an adverse opinion due to non-disclosure of going concern.
• Emphasis of matter cites material uncertainty about going concern.
• Note highlights large unrealised >3-year balances in debtors and creditors.
• Management asserts going concern basis and revival plans; audit acknowledges uncertainty.

Financials & going concern

• Q1 ended 30 Jun 2026: net loss Rs 2.65 lakh.
• Negative net worth as on 30 Jun 2026: Rs 35.96 crore.
• Sundry debtors >3 years: Rs 4.11 crore.
• Stopped manufacturing since 01 Jan 2018; revival plan in process; going concern.
• Auditor's limited review: adverse opinion; material uncertainty on going concern.
• Cash/bank balances unconfirmed and frozen; lenders include PNB and Bank of India; SARFAESI actions.
• Secured working-capital limits: Rs 10 crore (PNB) and Rs 5 crore (BOI).
• Rent & water charges provision >3 years: Rs 1.92 crore.
• Single business segment: manufacturing and sale of Gems & Jewellery.