Gemstone board to meet on May 28 to consider FY26 results

1 min read Updated on 21 May 2026, 08:41 PM

Reviewed by

Jubin VScanX News Team

AI Summary

Gemstone Investments Limited will hold a board meeting on May 28, 2026, to consider the audited standalone financial results for the quarter and year ended March 31, 2026. The meeting will also cover the independent audit report by M/s. A. Raghavendra Rao & Associates. The trading window for insiders remains closed until 48 hours after the results are declared.

*this image is generated using AI for illustrative purposes only.

Gemstone Investments Limited has announced that its board of directors will meet on Thursday, May 28, 2026, at the company's registered office. The primary agenda of the meeting is to consider and approve the audited standalone financial results for the quarter and fiscal year ended March 31, 2026.

The board will also review the Independent Audit Report to be issued by the statutory auditor, M/s. A. Raghavendra Rao & Associates, Chartered Accountants, for the same period. Other business matters with the permission of the Chairman may also be transacted during the meeting.

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the company's shares has been closed since April 1, 2026. This closure applies to all directors, promoters, key managerial personnel (KMPs), designated persons, and their immediate relatives. The window will remain shut until the expiry of 48 hours from the declaration of the financial results.

Key Meeting Details

Agenda Item	Description
Date	May 28, 2026
Financial Period	Quarter and year ended March 31, 2026
Statutory Auditor	M/s. A. Raghavendra Rao & Associates
Trading Window Status	Closed until 48 hours post-result declaration

Historical Stock Returns for Gemstone Investments

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.33%	+1.82%	-1.18%	-5.62%	-28.81%	-1.75%

How might Gemstone Investments Limited's FY2026 financial results compare to industry peers, and what key performance metrics should investors watch for?

Following the trading window reopening, what level of insider buying or selling activity could signal management's confidence in the company's financial outlook?

Could the board meeting on May 28 potentially include announcements beyond financial results, such as dividend declarations or strategic business updates?

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Gemstone Investments appoints auditors and additional director

1 min read Updated on 20 May 2026, 05:39 PM

Reviewed by

Shriram SScanX News Team

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AI Summary

Gemstone Investments Limited announced the appointment of M/s. A. Raghavendra Rao & Associates as statutory auditors and Mr. Jiten Shah as an Additional Director, effective May 20, 2026. The auditor appointment fills a casual vacancy caused by the resignation of the previous firm. Mr. Shah's appointment is based on the recommendation of the Nomination and Remuneration Committee.

*this image is generated using AI for illustrative purposes only.

Gemstone Investments Limited announced the outcome of its board meeting held on May 20, 2026. The board approved the appointment of M/s. A. Raghavendra Rao & Associates, Chartered Accountants, as the statutory auditors of the company. This appointment is effective from May 20, 2026, and fills the casual vacancy caused by the resignation of M/s. Rishi Sekhri & Associates, Chartered Accountants.

Additionally, the board appointed Mr. Jiten Shah as an Additional Director (Non-Executive Director) of the company with effect from May 20, 2026. This appointment was made based on the recommendation of the company's Nomination and Remuneration Committee.

Appointment Details

The new statutory auditor firm, M/s. A. Raghavendra Rao & Associates, brings nearly four decades of experience in auditing public sector banks, co-operative banks, and government entities. The firm specializes in audit, taxation, advisory, and banking audits.

Mr. Jiten Shah, the newly appointed Additional Director, holds DIN 03147534. His profile indicates strong expertise in advisory and management, expected to contribute to the company's strategic growth and operational efficiency.

Board Meeting Summary

The meeting commenced at 3:00 P.M. and concluded at 3:45 P.M. on May 20, 2026. The necessary disclosures pursuant to Regulation 30 of the SEBI Listing Regulations were enclosed as Annexure – A.

Particulars	Details
Statutory Auditor	M/s. A. Raghavendra Rao & Associates
Auditor PRN	018363
Auditor FRN	003324S
Effective Date	May 20, 2026
Additional Director	Jiten Shah
Director DIN	03147534
Director Type	Non-Executive

Historical Stock Returns for Gemstone Investments

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.33%	+1.82%	-1.18%	-5.62%	-28.81%	-1.75%

What were the circumstances behind M/s. Rishi Sekhri & Associates' resignation, and could it signal any underlying financial or governance concerns at Gemstone Investments Limited?

How might M/s. A. Raghavendra Rao & Associates' specialization in public sector and co-operative bank audits influence the scope or methodology of auditing a private investment firm like Gemstone Investments?

Will Mr. Jiten Shah's appointment as Additional Director be subject to shareholder ratification at the next Annual General Meeting, and what strategic initiatives might he be expected to drive?