Announced Thu, 13 Nov · 20:23 IST

Please find the announcement - change in management in the attached PDF.

Management Changes View source PDF

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Bhakti Gems and Jewellery Limited (BSE Scrip Code: 540545) has informed the stock exchange about two board-level appointments effective 13 November 2025. Mr. Manoharbhai B. Chunara (DIN: 07280916), a Commerce graduate and practicing Company Secretary with expertise in corporate governance and regulatory compliance, has been appointed as an Additional Independent Director; he already serves as Independent Director on Darshan Orna Limited and Veeram Securities Limited. Mr. Dhaval Deepak Shah, who brings over 15 years of experience in the gems and jewellery industry covering sourcing, market trends and quality control, has been appointed as an Additional Executive Director. Both appointments are subject to shareholder approval, and detailed profiles have been furnished under SEBI Listing Regulations Annexure A and B. The intimation is signed by Managing Director Akshay S Mehta.

Likely market impact

The board is being strengthened with added governance expertise and hands-on jewellery industry experience, which is constructive for oversight and operations. Since both appointments require shareholder approval and no resignations are mentioned, there is no immediate disruption for shareholders.