Please find attached Outcome of Board Meeting.
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Awaiting price reaction for this filing.
The Board of Directors of Manoj Jewellers Limited met on October 16, 2025 and approved increasing the remuneration of three key directors: Mr. Manoj Kumar (Chairman and Managing Director), Mr. Sunil Kumar (Executive Director), and Mrs. Raj Kumari (Whole-Time Director). These increases are subject to shareholder approval via a postal ballot. The Board also approved the draft Postal Ballot Notice, appointed Mr. Dilip Swarnkar (Practicing Company Secretary) as the Scrutinizer for the e-voting process, and fixed the cut-off date for shareholder entitlement to vote. The meeting ran from 11:00 AM to 11:40 AM.
Higher pay for the three top directors (likely part of the promoter family) will increase the company's fixed costs once shareholder approval is secured via postal ballot. Retail investors should review the proposed remuneration hike carefully and may want to assess whether it is commensurate with company performance before voting.