Consolidated scrutnizer report of AGM held on 30th September 2025
Awaiting price reaction for this filing.
Narbada Gems and Jewellery held its 33rd Annual General Meeting on 30th September 2025 via video conferencing. All nine resolutions were passed with 100% of valid votes in favour, including adoption of audited financial statements for FY25, re-appointment of statutory auditors, appointment of a secretarial auditor, and re-appointment of two independent directors. A key change was the elevation of Mrs. Bhavna Sanghi from non-executive director to whole-time director with remuneration effective 1st October 2025. Approval was also granted for material related party transactions and the remuneration of Managing Director Sanjay Kumar Sanghi. On items related to related parties (items 4, 8, and 9), one member holding 706,299 shares had their votes declared invalid, and the promoter group (holding the majority of these shares) did not participate in these specific votes.
The unanimous approval of all resolutions signals strong shareholder support for the company's current direction. The promotion of Mrs. Bhavna Sanghi to a whole-time director role and the approval of MD remuneration suggest continuity in promoter-family leadership. No material negative news or shareholder dissent was recorded.