Advit Jewels Limited (RAMBHAJO)

Advit Jewels Limited's board has approved the incorporation of a wholly owned subsidiary named BARIQUE Jewels Private Limited. The initial cash subscription to the share capital will be Rs 10,00,000, consisting of 1,00,000 equity shares at Rs 10 each. The new subsidiary will focus on designing, manufacturing, sourcing, trading, marketing, and distribution of designer jewellery. Compared to Advit Jewels' TTM revenue of Rs 155 Cr and net worth of Rs 279 Cr, the initial investment is minor.

• Board approved incorporation of wholly owned subsidiary BARIQUE Jewels Private Limited on November 06, 2026
• Advit Jewels to hold 100% shareholding via cash consideration of Rs 10,00,000
• Subscription involves 1,00,000 equity shares of face value Rs 10 each at par
• Entity to operate in designer jewellery designing, manufacturing, trading, and marketing based in Jaipur

Promoter Abhishek Gilara has submitted a disclosure under Regulation 10(6) of SEBI (SAST) Regulations, 2011, regarding the acquisition of equity shares in Advit Jewels Limited. The shares were acquired through an inter-se transfer by way of a gift from immediate relatives within the promoter group. The transaction qualifies for an exemption from open offer requirements under Regulation 10(1)(a)(i)(ii). This follows the prior disclosure filed under Regulation 10(5) on September 4, 2026.

• Disclosure filed under SEBI (SAST) Regulations 10(6) following prior intimation on 04.09.2026
• Acquisition executed through inter-se transfer by way of gift from immediate relatives
• Exemption claimed from open offer under Regulation 10(1)(a)(i)(ii)
• Exact number of shares and post-transaction shareholding were truncated/not disclosed in the extract

Advit Jewels Limited (RAMBHAJO) has executed a 9-year lease agreement for commercial premises in Defence Colony, New Delhi, starting retroactively from August 1, 2026, to July 31, 2035. The leased space covers roughly 2,200 sq. ft. super built-up area (1,700 sq. ft. carpet area) with an initial rent of ₹8,50,000 per month for the first three years, escalating to ₹9,77,500 and ₹11,24,125 per month in subsequent three-year blocks. The company has paid an interest-free refundable security deposit of ₹25,50,000. This expansion aims to bolster the company's retail/commercial presence in New Delhi.

• Lease period of 9 years from August 01, 2026, to July 31, 2035
• Premises size is ~2,200 sq. ft. super built-up area (1,700 sq. ft. carpet area) at Defence Colony, New Delhi
• Monthly rental set at ₹8,50,000 (Years 1-3), ₹9,77,500 (Years 4-6), and ₹11,24,125 (Years 7-9)
• Refundable interest-free security deposit of ₹25,50,000 paid

Advit Jewels Limited (Rambhajo) announced shareholder approval at its 7th AGM held on September 28, 2026, for the appointment of Mr. Abhishek Gilara as Joint Managing Director for a 5-year term effective August 10, 2026. Mr. Gilara brings over 25 years of industry experience and is related to key promoter executives, being the brother of Whole-time Director Vipul Gilara and cousin to CMD Nitin Gilara. In addition, shareholders approved the appointment of M/s ATCS & Associates as Secretarial Auditors for a 5-year term running from April 01, 2026, to March 31, 2031. The leadership appointment formalizes promoter management continuity for the company, which reported quarterly revenue of Rs 35.32 Cr in Jun 2026.

• Shareholders approved the appointment of Mr. Abhishek Gilara as Joint Managing Director for a period of 5 years.
• Appointment effective retroactively from August 10, 2026, following the 7th AGM held on September 28, 2026.
• Mr. Abhishek Gilara holds over 25 years of experience in the jewellery industry and Rambhajo brand expansion.
• M/s ATCS & Associates appointed as Secretarial Auditors for a 5-year term from April 01, 2026, to March 31, 2031.

Advit Jewels Limited (RAMBHAJO) concluded its 7th Annual General Meeting on September 28, 2026, passing all four proposed resolutions with 99.99% majority. A total of 34,065,477 votes were polled out of 45,810,000 outstanding shares, representing a 74.36% voter turnout. Key approvals included the adoption of FY26 financial statements, reappointment of Whole-time Director Prateek Gilara, appointment of ATCS & Associates as Secretarial Auditors for 5 years, and appointment of Abhishek Gilara as Joint Managing Director.

• 74.3625% total voter turnout with 34,065,477 votes polled out of 45,810,000 shares
• 99.9999% votes cast in favor across all 4 ordinary resolutions, with only 50 votes against
• Abhishek Gilara appointed as Joint Managing Director
• ATCS & Associates appointed as Secretarial Auditors for a term of 5 consecutive years

Advit Jewels Limited concluded a virtual group interaction with 11 analyst and institutional investor entities on September 17, 2026. The participating firms included Nuvama AMC, Dolat Capital, Vimana Capital, and M3 Investments, among others. The company confirmed that no unpublished price sensitive information (UPSI) or new investor presentations were shared during the session. Discussions were limited to publicly available operational and strategic performance metrics.

• Meeting conducted virtually on September 17, 2026, from 03:10 PM to 03:55 PM
• Attended by representatives from 11 investor and analyst entities including Nuvama AMC and Dolat Capital
• Zero unpublished price sensitive information (UPSI) was shared per regulatory disclosure
• No separate investor presentation was distributed during the call

Advit Jewels Limited (RAMBHAJO) has notified stock exchanges of an upcoming group analyst/institutional investor meeting. The interaction is scheduled for Thursday, September 17, 2026, starting at 3:00 PM IST via a virtual platform. The company confirmed that discussions will strictly pertain to publicly available information with no unpublished price sensitive information shared.

• Group meeting scheduled for September 17, 2026, at 3:00 PM IST onwards
• Meeting format confirmed as a virtual conference with analysts and institutional investors
• Discussions will be restricted exclusively to publicly available information

Abhishek Gilara, a member of the promoter group of Advit Jewels Limited, has disclosed a proposed inter-se transfer of 77,78,430 equity shares (16.979% of total share capital) from immediate relative Vipul Gilara by way of a gift. Following the transaction, Abhishek Gilara's holding will increase from 0% to 16.979%, while Vipul Gilara's holding will decrease from 34.38% (1,57,48,920 shares) to 17.40% (79,70,490 shares). The transaction is proposed to take place on or after September 10, 2026, at nil consideration, leaving the aggregate promoter group holding unchanged.

• Proposed acquisition of 77,78,430 equity shares representing 16.979% of share capital
• Transfer being executed via gift deed at nil acquisition price
• Transferor Vipul Gilara's stake reduces from 34.38% to 17.40%
• Acquirer Abhishek Gilara's holding increases from 0% to 16.979%
• Transaction scheduled on or after September 10, 2026, under SEBI SAST Regulation 10(1)(a) exemption

Advit Jewels Limited (RAMBHAJO) has issued the notice for its 7th Annual General Meeting scheduled for September 28, 2026, via video conferencing. Key agenda items include the adoption of FY2025-26 audited financials, the reappointment of Mr. Prateek Gilara, and the appointment of Mr. Abhishek Gilara as Joint Managing Director for a 5-year term with a proposed remuneration of ₹2,14,000 per month for FY2026-27. The cut-off date for e-voting eligibility is set for September 21, 2026, with remote voting open from September 25 to September 27, 2026.

• 7th Annual General Meeting scheduled for Monday, September 28, 2026, at 4:00 PM IST via VC/OAVM
• Shareholder approval sought for appointment of Mr. Abhishek Gilara as Joint Managing Director for 5 years (Aug 10, 2026 to Aug 9, 2031)
• Proposed remuneration for Mr. Abhishek Gilara set at ₹2,14,000 per month for FY2026-27 (basic salary cap up to ₹10,00,000 per month)
• E-voting cut-off date is September 21, 2026, with voting window from September 25 to September 27, 2026
• Appointment of M/s. ATCS & Associates as Secretarial Auditors for a 5-year term (FY 2026-27 to FY 2030-31)

Advit Jewels Limited responded on August 27, 2026, to surveillance clarification letters received from BSE and NSE regarding significant price movements in its shares. The company confirmed that all material information under Regulation 30 has been disclosed in a timely manner and that no undisclosed material events or pending announcements exist. Management stated that recent price fluctuations are purely market-driven and attributable to prevailing market conditions.

• Response submitted on August 27, 2026, to BSE query (L/SURV/ONL/PV/SJ/ 2026-2027/4183) and NSE letter (NSE/CM/Surveillance/17422).
• Confirmed zero undisclosed price-sensitive information or pending material announcements.
• Management noted share price movement is purely market-driven under prevailing market conditions.
• Reiterated commitment to ongoing compliance under SEBI Listing Regulations.

Advit Jewels Limited (RAMBHAJO) has made the audio recording of its earnings call for the quarter ended June 30, 2026, available to the public. The call, held on August 11, 2026, discussed the company's un-audited financial results. This follows a March 2026 quarter where the company reported a revenue of ₹43.23 cr and a net profit of ₹8.74 cr. Investors can access the recording via the company's website to gain insights into management's commentary on operations and future outlook.

• Earnings call conducted on August 11, 2026, regarding Q1 FY27 results.
• Audio recording published in compliance with SEBI Regulation 30 and 46.
• Company reported a net profit of ₹8.74 cr in the preceding quarter (Mar 2026).
• Current debt levels stand at ₹73 cr against a net worth of ₹93 cr as per latest context.