Patdiam Jewellery Ltd

Demat/remat status

• Regulation not applicable; entire holding in demat form; no demat/remat requests received in quarter ended Sep 2026.

AGM Details

• AGM held in physical mode on a Wednesday in September 2026 at 1:00 p.m.

Resolutions Adopted

• Ordinary: Adoption of standalone and consolidated audited financial statements for year ended March 31, 2026.
• Ordinary: Reappointment of Mrs. Priti Kakadia, retires by rotation.
• Ordinary: Appointment of Pulindra Patel & Co. as Statutory Auditor for five years.
• Special: Related party transactions with Patdiam LLP, Patdiam Jewels, ZM Lifestyle, up to annual limits.
• Special: Borrowing limits enhanced up to Rs 200 Crores.
• Special: Creation of mortgage/charge on movable and/or immovable properties.

Voting Outcome

• All resolutions passed by requisite majority.

Patdiam Jewellery Ltd trading window closed from 1 October 2026 until 48 hours after the declaration of unaudited financial results for the half-year ended September 30, 2026.

Financial performance

• Standalone revenue and other income: ₹18,017.53 lakh in FY2025-26.
• Standalone PBT rose to ₹2,220.76 lakh from ₹1,620.70 lakh.
• Standalone PAT: ₹1,611.37 lakh.
• Standalone EPS: ₹37.33.
• Consolidated revenue: ₹18,204.32 lakh; PAT: ₹16.60 crore.
• Dividend not declared for FY2025-26.

Capital structure & liquidity

• Total borrowings: short-term ₹2,312.01 lakh; long-term ₹437.90 lakh.
• Borrowing limit approved up to ₹200 crore under Section 180.
• Share capital: ₹431.70 lakh; fully paid.
• Cash and cash equivalents: ₹88.70 lakh.

Governance & board

• Independent Directors appointed 30 September 2025: Maheshbhai Maniya and Anuj Gabani.
• Board size five; two independent directors.
• Statutory auditors: M/s Dave & Dave; Pulindra Patel & Co proposed for 2026-31.
• Secretarial audit flagged delay in disclosing Ancora Design Trading LLC to BSE.

Related party transactions

• Material RPTs approved: Patdiam LLP ₹50 crore; Patdiam Jewels ₹10 crore; ZM Lifestyle ₹5 crore.
• All related-party transactions were at arm's length and approved by the Audit Committee.
• Outstanding balances with related parties include Patdiam LLP, Patdiam Jewels, Ancora Design LLC.

CSR & ESG

• CSR spend ₹24.05 lakh; 2% average net profit ₹24.03 lakh; excess ₹0.02 lakh carried forward.
• CSR committee met 3 times; details in Annexure D.

Audit & compliance

• Statutory audit: M/s Dave & Dave; Secretarial audit: SKJ & Associates.
• First year of consolidation; notes and annexures explain subsidiary Ancora Design Trading LLC.
• Independent auditors’ report confirms compliance with applicable standards; no material fraud reported.

Subsidiaries & consolidation

• Ancora Design Trading LLC is a 100% subsidiary in USA; turnover ₹10,199.46 lakh; PAT ₹108.32 lakh.
• Consolidated statements include holding and subsidiary; first year of consolidation.

Outlook & risks

• Management outlook is optimistic; expects growth in diamond manufacturing and jewellery exports.
• Risks include market fragmentation, policy changes, currency fluctuations, and US demand sensitivity.

Board actions

• Board approved audited standalone and consolidated results for H1 and FY ended 31 Mar 2026.
• Board declared unmodified auditor's report under Regulation 33(3)(d) of LODR.
• Consolidated cash flow statement added; revision uploaded 31 July 2026.

Auditor's opinion

• Independent Auditor's Report on standalone and consolidated results; unmodified opinion.

Business segment

• Single business segment: Diamond Studded Gold Jewellery.

Filing & timing

• Board meeting held 31 July 2026; outcomes filed with BSE under LODR.
• Statutory auditors' declaration of unmodified opinion issued.

Financial results and audit approvals

• Audited standalone and consolidated results for the half-year and year ended 31 March 2026 approved.
• Auditor's report on these results approved; unmodified opinion per Regulation 33(3)(d).
• Consolidated results include Ancora Design Tradings LLC; first year of consolidation.

Regulatory disclosures

• Declaration under Regulation 33(3)(d) confirming unmodified auditor opinion.
• Audit Committee reviewed audited results; Board took on record.

Meeting Details

• Date: 31 July 2026.

Key Agenda Items

• Audited financial results for half-year and year ended 31 March 2026 to be considered and approved.
• Any other matter with the Chairman's permission.

Other Notes

• Trading window closed for 48 hours after the financial results announcement.

Dematerialisation/rematerialisation status

• No requests were received for dematerialisation/rematerialisation; Regulation not applicable.