PFA, the 33rd Annual Report of the Company
Awaiting price reaction for this filing.
Narbada Gems and Jewellery Ltd has submitted its 33rd Annual Report for FY 2024-25 to BSE under Scrip Code 519455. The 33rd Annual General Meeting (AGM) is scheduled for Tuesday, September 30, 2025 at 1:00 PM via Video Conferencing. Key agenda items include adoption of audited financial statements, re-appointment of Director Bhavna Sanghi, and re-appointment of statutory auditors M/s Anant Rao & Mallik for a second term of 5 years. The company is seeking shareholder approval for related party transactions of up to Rs. 50 crore each with Sanghi Jewellers Pvt Ltd and Uday Jewellery Industries Ltd for the period October 2025 to September 2026. Other proposals include appointment of CS Ajay Suman Shrivastava as Secretarial Auditor for 5 years (remuneration Rs. 40,000 for FY25), re-appointment of Mr. Sunil Garg as Independent Director, appointment of Mr. Dileep Kumar Jain as Independent Director, and change in designation of Mrs. Bhavna Sanghi to Whole-Time Director with a monthly gross salary of Rs. 4 lakh. Approval is also sought for continued remuneration of Managing Director Mr. Sanjay Kumar Sanghi at Rs. 6 lakh per month.
This is a routine annual report submission combined with the AGM notice. Shareholders should review the related party transaction limits of Rs. 50 crore each (totalling Rs. 100 crore) with promoter-group entities, the remuneration proposals for the Managing Director and Whole-Time Director, and the director re-appointments. These items will be voted on at the September 30, 2025 AGM.