Shoora Designs Ltd

AGM Details

• Date, time, venue: 30 Sep 2026, 11:00 a.m., physical AGM at registered office.
• Remote e-voting facility provided; ballots available at meeting.
• Scrutinizer appointed: Jainam N Shah.
• Meeting concluded at 11:45 a.m.

Ordinary Business

• Adoption of annual accounts and board report for year ended 31 March 2026.
• Re-appointment of Sejalben Satish Kansodariya as director, retiring by rotation.

Special Business

• Appointment of Statutory Auditor in case of casual vacancy.
• Appointment of SSN & Associates as Secretarial Auditor.

Voting Status

• Voting results pending; to be declared after Scrutinizer’s report.

Shoora Designs Limited: Trading window closed from October 1, 2026 until 48 hours after the declaration of the unaudited Stand-alone Financial Results for the half year ended September 30, 2026.

AGM date and online Annual Report access

• 5th AGM scheduled for 30 Sep 2026 at 11:00 IST at the registered office, Surat.
• Letters dispatched to shareholders without registered emails providing the Annual Report web-link and access path.
• Annual Report for FY 2025-26 is available online with specified web-link and exact path.
• Shareholders are urged to update email addresses with depositories or RTA to continue receiving notices (Green Initiative).

Financial highlights

• Revenue from operations: 1,177.88 Lakhs for year ended 31 March 2026.
• Total income: 1,184.83 Lakhs.
• Profit before tax: 4.41 Lakhs.
• Tax expense: 0.77 Lakhs.
• Net profit after tax: 3.64 Lakhs.
• EPS Basic/Diluted: 0.08 in 2026; 0.36 in 2025.

Revenue mix

• Domestic manufacturing revenue: 105.76 Lakhs.
• Domestic trading revenue: 1023.98 Lakhs.
• Export revenue: 48.14 Lakhs.

Capital structure & liquidity

• Paid-up capital: 462.37 Lakhs.
• Total equity: 2,004.10 Lakhs.
• Reserves and surplus: 1,541.73 Lakhs.
• Short-term borrowings: 71.35 Lakhs.
• Current liabilities: 104.25 Lakhs.
• Cash and cash equivalents: 60.28 Lakhs.

Governance & board

• Board meetings held: 5 in 2025-26.
• Audit Committee meetings: 4; Chair: Jigneshbhai Mer.
• Statutory Auditor appointed: M/S. TGB & Associates to fill casual vacancy.
• Secretarial Auditor appointed: M/s. SSN & Associates; 1-year term.

Audit & internal controls

• Independent Auditor's Report: Clean; no fraud reported.
• Secretarial Audit: Compliant; no major issues.
• Internal financial controls: Adequate; no material weaknesses observed.
• CSR: Not applicable.

Related party disclosures

• Related party remuneration: MD 8.40 Lakhs; WTD 8.40 Lakhs.
• Related party loans: MD 45.00 Lakhs; Rajesh Mer 49.15 Lakhs.
• Balance outstanding at year end: MD salary 8.61 Lakhs; Rent 0.54 Lakhs.

Industry context & outlook

• GDP contribution: Gems and jewellery 7% of India's GDP (Jan 2026).
• Employment: Sector employs over 50 lakh people.
• Policy support: 100% FDI allowed; US$100B export target by 2027.

agm details

• Date and time: 30 September 2026, 11:00 AM.
• Mode: Physical meeting at registered office; remote e-voting available.
• Register of members and share transfers closed: 24–30 September 2026.

resolutions proposed

• Ordinary: Adopt Audited Financial Statements for year ended 31 March 2026.
• Ordinary: Re-appointment of Sejal Satish Kansodariya (DIN: 08060539) retiring by rotation.
• Ordinary: Appoint TGB and Associates as Statutory Auditor to fill casual vacancy (2026-27 to 2030-31).
• Ordinary: Appoint SSN & Associates as Secretarial Auditor for FY 2026-27.

other information

• Special Business: Items 3 and 4 relate to auditor appointments.
• Notes: Meeting instructions and e-voting details provided in the notice.

Governance approvals

• Director's Report for year ended March 31, 2026 approved.
• Annual Report for Financial Year 2025-26 approved.
• Notice for 5th AGM to be held 30 Sep 2026 at 11:00 AM at Registered Office.
• Cut-off date 23 Sep 2026; book closure 24–30 Sep 2026; e-voting 27–29 Sep.
• Appointed M/s Jainam N Shah & Co., Practicing Company Secretary, as Scrutinizer.

Acquisition details

• Target company: Shoora Designed Limited.
• Acquired shares: 460,000; 9.94% of total voting capital.
• Total voting capital: 4,623,662.
• Mode of acquisition: Allotment.
• Date of acquisition: 2025.
• Pre-acquisition holding: 460,000 shares (9.94%).
• Post-acquisition holding: 460,000 shares (9.94%).
• Encumbrances: none indicated.
• Equity/voting capital before: 460,000 shares; total 4,623,662.
• Equity/voting capital after: 460,000 shares; total 4,623,662.

Dematerialisation processing status

• Dematerialisation requests processed within 15 days of receipt.
• Dematerialised securities listed on the stock exchanges.
• Physical certificates mutilated and cancelled; depository name substituted as registered owner.