Sovereign Diamonds Ltd

Sovereign Diamonds Ltd — Trading Window closed from 15 October 2026; will reopen 48 hours after declaration of Un-Audited Financial Results for the quarter and half year ended 30 September 2026

AGM Details

• Date/time: 20 August 2026 at 11:00 AM via VC/OAVM.
• Voting rights cut-off: 13 August 2026.
• Shareholders on record date: 7,762.
• Attendees via video conferencing: 28.

Resolutions and outcomes

• Resolution 1 (Ordinary): Adoption of audited financial statements and reports; passed with 29 against.
• Resolution 2 (Ordinary): Re-appointment of director by rotation; passed with 29 against.
• Resolution 3 (Special): Re-appointment of Ajay Gehani as CMD; passed with 29 against.
• Resolution 4 (Special): Re-appointment of Arundhati Mali as WTD and CFO; passed with 29 against.

Director changes

• Sumer Gehani re-appointed as Director (retiring by rotation).
• Ajay Gehani re-appointed as Chairman and Managing Director.
• Arundhati Mali re-appointed as Whole-Time Director and CFO.

AGM details

• Date: 20 August 2026; Time: 11:00 a.m.; Mode: VC/OAVM.

Ordinary business

• Adoption of Audited Financial Statements and Reports for FY ended 31 March 2026.
• Re-appointment of Mr. Sumer Gehani as Director by rotation.

Special business

• Re-appointment of Mr. Ajay Gehani as Chairman and Managing Director.
• Re-appointment of Mrs. Arundhati Mali as Whole-Time Director and CFO.

Voting status

• Adoption of financial statements: voting outcome not disclosed.
• Re-appointment of Sumer Gehani as Director by rotation: voting outcome not disclosed.
• Re-appointment of Ajay Gehani as Chairman and Managing Director: voting outcome not disclosed.
• Re-appointment of Arundhati Mali as WTD and CFO: voting outcome not disclosed.

Unaudited quarterly results

• Income from operations: 130.30 Lakhs; total income: 149.25 Lakhs, quarter ended 30 Jun 2026.
• Total expenses: 209.48 Lakhs; profit before tax: (60.23) Lakhs, quarter ended 30 Jun 2026.
• Net profit after tax: (57.08) Lakhs; total comprehensive income: 157.97 Lakhs, quarter ended 30 Jun 2026.
• Single segment: Gold and Diamond studded Jewellery.
• Auditor's review: unmodified opinion.

Meeting Details

• Board meeting scheduled for 14 August 2026 at the company's registered office; time not disclosed.

Key Agenda Items

• Approve unaudited financial results for the quarter ended 30 June 2026.
• Consider any other business with the chair's permission.

Other Notes

• Trading window closed from 1 July 2026; opens 48 hours after results.

Dematerialisation under Reg 74(5)

• Purpose: Confirmation under Reg 74(5) for dematerialisation of Sovereign Diamonds securities in Q2 FY2026.
• Securities received for dematerialisation were confirmed to depositories; listing on exchanges of earlier issued securities.
• Certificates were mutilated and cancelled; depositories substituted in register within prescribed timelines.
• Date of certification: 01 July 2026.

Financial results

• Audited standalone financial results approved for quarter and year ended 31 March 2026.
• Cash flow statement and balance sheet approved for year ended 31 March 2026.
• Statutory auditors issued an unmodified audit opinion.

Board decisions

• Re-appointed Ajay Gehani as Chairman and Managing Director from 1 July 2026 for three years.
• Re-appointed Arundhati Mali as Whole Time Director and Chief Financial Officer from 1 July 2026 for three years.
• Re-appointed P. C. Shah & Co. as Secretarial Auditors for 2026-27.
• Re-appointed Shrey Pandey & Associates as Internal Auditors for 2026-27.

Governance changes

• Ajay Gehani is the promoter and father of non-executive director Sumer Gehani.
• Arundhati Mali is not related to any director.
• No SEBI debarment was reported for the re-appointed directors.