Pursuant to Regulation 44 of the Securities and Exchange Board of India (LODR) attached herewith the outcome of postal ballot.
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Bhakti Gems and Jewellery Limited announced the results of a postal ballot (conducted via remote e-voting from 9 December 2025 to 7 January 2026) in which shareholders approved all seven resolutions with overwhelming support of 99.99% in favour (40,70,394 votes) and only 0.01% against (10 votes). Key approvals included the appointment of M/s Shah Karia & Associates as Statutory Auditors, a change in the company's name with corresponding amendments to the MoA and AoA, and an increase in authorised share capital. Shareholders also approved the appointment of three directors — Mr. Manoharbhai B. Chunara as Non-Executive Independent Director, and Mr. Dhaval Deepakkumar Shah and Mr. Saurabh Mahendra Shah as Executive Directors. Additionally, a special resolution was passed to issue and allot 32,00,000 equity shares to non-promoter public on a preferential basis. The scrutinizer, Ms. Neelam Rathi of Neelam Somani & Associates, certified the results on 8 January 2026.
The near-unanimous approvals clear the way for a company name change, higher authorised capital, and a preferential equity issue of 32 lakh shares to non-promoters, which could dilute existing shareholders' stakes. The appointment of new auditors and executive directors signals ongoing board and governance restructuring, which investors should monitor closely for the rationale and pricing of the preferential allotment.