Gemstone Investments Limited has initiated a remote e-voting and postal ballot process to seek shareholder approval for the appointment of M/s. A. Raghavendra Rao & Associates as statutory auditors and the regularization of Jiten Shah as a Non-Executive Director. The voting period is open from July 18, 2026, at 09:00 A.M. to August 16, 2026, at 05:00 P.M. Shareholders registered as of July 10, 2026, are eligible to participate in the process, which follows the dispatch of the Postal Ballot Notice on July 17, 2026.

The Board of Directors approved the proposals during its meeting on July 13, 2026. The appointment of the auditor fills a casual vacancy caused by the resignation of M/s. Rishi Sekhri & Associates, while the director regularization pertains to Mr. Jiten Shah, who was appointed as an Additional Non-Executive Director on May 20, 2026. Both matters require member consent to become effective.

M/s. Aarju Agrawal & Associates, Company Secretaries, has been appointed as the scrutinizer to oversee the process. The company has made arrangements for electronic voting through the CDSL and NSDL depositories. Members can cast their votes via their demat accounts or the designated e-voting portals. Physical postal ballot forms must reach the scrutinizer by the deadline of August 16, 2026.

Key Meeting Details

The results will be announced within two working days of the conclusion of the voting process. The Postal Ballot Notice is available on the company's website at www.gemstoneltd.com , on the website of BSE Limited at www.bseindia.com , and through the permitted mode on the website of CDSL at www.evotingindia.com .

Gemstone Investments Limited reported a net profit of ₹40.39 lakh for the financial year ended March 31, 2026, an increase from ₹31.61 lakh in the previous year. Revenue from operations for the year rose to ₹223.36 lakh from ₹124.55 lakh in FY25. The board of directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 28, 2026. The company has submitted newspaper clippings of these results to BSE Limited on May 30, 2026, pursuant to Regulation 47 of the SEBI Listing Regulations.

The statutory auditor, M/s. A. Raghavendra Rao & Associates, Chartered Accountants, issued an unmodified opinion on the standalone financial results. The company stated that it did not have any material weaknesses in its internal financial controls over financial reporting, which were operating effectively as of March 31, 2026.

For the quarter ended March 31, 2026, the company reported a profit of ₹38.67 lakh, compared to a loss of ₹26.80 lakh in the preceding quarter ended December 31, 2025. Revenue from operations for the quarter stood at ₹91.77 lakh, up from ₹58.02 lakh in the previous quarter.

Financial Performance

The company's total income for FY26 was ₹223.37 lakh, compared to ₹124.55 lakh in the previous year. Total expenses for the year increased to ₹157.09 lakh from ₹78.65 lakh in FY25. The profit before tax for the year was ₹66.27 lakh, compared to ₹45.90 lakh in the prior year. Basic and diluted earnings per share for the year stood at ₹0.05, compared to ₹0.01 in the previous year.

The following table summarizes the standalone audited financial results for the financial year ended March 31, 2026:

Assets and Liabilities

As of March 31, 2026, the company's total assets stood at ₹5,340.44 lakh, an increase from ₹2,504.60 lakh in the previous year. Non-current investments were recorded at ₹191.63 lakh, compared to nil in the prior year. Total equity attributable to owners of the parent increased to ₹4,972.49 lakh from ₹2,472.10 lakh.

Current liabilities increased to ₹367.95 lakh from ₹32.50 lakh in the previous year, primarily due to current borrowings of ₹355.32 lakh. The company's cash and cash equivalents decreased to ₹17.34 lakh as of March 31, 2026, from ₹122.57 lakh at the end of the previous financial year.