Attached please find Outcome of 12th Annual General Meeting of the Company
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Awaiting price reaction for this filing.
Gautam Gems Limited held its 12th Annual General Meeting on September 27, 2025, at 3:00 PM via video conferencing, with the registered office in Surat as the deemed venue. The meeting was attended by all five directors, the CFO, the Company Secretary, and representatives of the statutory and secretarial auditors. Four ordinary resolutions were transacted: adoption of FY2024-25 audited financial statements, re-appointment of Managing Director Gautam Sheth (retiring by rotation), appointment of Shah Karia & Associates as statutory auditors, and appointment of Neelam Somani & Associates as secretarial auditors. The Managing Director acknowledged challenges from global economic volatility, rough diamond price fluctuations, and supply chain disruptions, but highlighted stable performance, margin protection, and plans for sustainable global expansion and digitization. The statutory auditor's report was clean with no qualifications, though the secretarial audit had some observations addressed in the Board's Report. No shareholder queries were raised, and the consolidated voting results will be filed with the exchange later.
This is a routine AGM filing with standard governance items — no major surprises. The clean statutory audit and continuity of the Managing Director and auditors signal stability for shareholders, though pending voting results and acknowledged industry headwinds mean investors should watch for the final voting outcome and management's execution on its digitization and expansion plans.