D. P. Abhushan Limited approved the reappointment of its top leadership for a five-year term, ensuring continuity in strategic direction ahead of its ninth annual general meeting.

The Board of Directors met on August 22, 2026, to sanction the reappointment of Mr. Santosh Kataria as Chairman & Managing Director and Mr. Anil Kataria as Whole-time Director. Both appointments are effective from October 1, 2026, pending shareholder approval.

Leadership Continuity

Mr. Santosh Kataria brings over 25 years of industry experience to his renewed role as Chairman & Managing Director. Holding a Bachelor of Engineering in Polymers, he combines technical expertise with operational management skills honed since joining the family business in 2010.

Mr. Anil Kataria, reappointed as Whole-time Director, contributes three decades of experience in the jewellery sector. A Master of Commerce graduate, he has been associated with M/s D. P. Jewellers since 2003 and serves as President of the Indian Bullion & Jewellers Association (Madhya Pradesh).

The cousins also serve as key promoters, with Mr. Anil Kataria holding significantly more equity than Mr. Santosh Kataria.

Corporate Governance Updates

The board also proposed altering the Articles of Association by inserting a new Article 165. This amendment allows the company to mark specified securities as non-transferable pursuant to applicable laws and regulatory orders. The change requires a special resolution from shareholders.

Additionally, the board appointed National Securities Depository Limited (NSDL) as the remote e-voting agency and M/s ALAP & Co. LLP as the scrutinizer for the upcoming AGM. These appointments aim to ensure a fair and transparent voting process for all resolutions.

The draft Directors' Report for FY26 was also approved during the meeting, setting the stage for the final annual report publication.

D.P. Abhushan has announced the establishment of a new D.P. Jewellers showroom in Jodhpur, Rajasthan, operating under the Company-Owned and Company-Operated (COCO) model. The expansion aims to strengthen the company's retail presence and improve customer accessibility in Jodhpur and surrounding areas.

The new outlet is currently under construction and is expected to open for customers shortly, subject to the completion of ongoing works. Unlike franchise or partnership models, this COCO arrangement means D.P. Abhushan will manage all aspects of the showroom directly.

Operational Control

Under the COCO structure, the company retains full control over day-to-day operations. This includes:

• Staffing and human resource management
• Inventory procurement and management
• Customer service standards
• Daily operational oversight

This direct management approach aligns with the company's strategy to maintain consistent brand experience and service quality across its retail network.

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Schedule III thereto. Santosh Kataria, Chairman and Managing Director of D.P. Abhushan Ltd, signed the disclosure dated August 17, 2026.