Goldkart Jewels Limited has called for a postal ballot to secure shareholder approval for a material related party transaction involving a loan of ₹100 crore to its promoter group entity, Laxmi Goldorna House Limited. The loan, proposed for the financial year 2026-27, carries an interest rate of 11% per annum and a tenure of two years. The transaction is intended to facilitate the efficient utilization of surplus funds and support the business operations of the related party.

The proposed loan amount represents 85.24% of Goldkart Jewels Limited's audited consolidated annual turnover of ₹11731.82 Lacs for the financial year 2025-26. As the aggregate value of the proposed transactions may exceed the limits prescribed under Section 186(2) of the Companies Act, 2013, the company requires shareholder approval via a special resolution. The Audit Committee and the Board of Directors have reviewed the commercial rationale and approved the proposal, subject to shareholder consent.

Key Details of the Proposed Transaction

The resolution seeks authorization to extend the loan in one or more tranches or independent transactions. The funds will be utilized from the Retained Earnings and Securities Premium Account of Goldkart Jewels Limited. The loan is unsecured and will be extended on an arm's length basis in the ordinary course of business.

Postal Ballot and E-Voting Schedule

Goldkart Jewels Limited has engaged National Securities Depository Limited (NSDL) to facilitate the remote e-voting process. The company will not send physical copies of the postal ballot notice; all communications will be conducted electronically. M/s Nirav Shah & Associates, Practicing Company Secretaries, has been appointed as the Scrutinizer to oversee the voting process.

The remote e-voting period is open from Saturday, June 27, 2026, at 9:00 A.M. IST and concludes on Sunday, July 26, 2026, at 5:00 P.M. IST. Shareholders whose names appear on the Register of Members or Record of Depositories as on the cut-off date of Friday, June 19, 2026, are eligible to vote. The results of the postal ballot will be declared within two working days from the conclusion of the e-voting period and will be available on the company's website.

Goldkart Jewels Limited has confirmed its adherence to the Structured Digital Database (SDD) requirements for the financial year ended March 31, 2026. The company submitted a compliance certificate to the National Stock Exchange of India (NSE) on May 25, 2026, verifying the maintenance of its internal database for Unpublished Price Sensitive Information (UPSI). This certification is pursuant to Regulation 3(5) and 3(6) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015.

The certificate, issued by Nirav Shah & Associates, confirms that the company has a non-tamperable database in place with controlled access. It states that all UPSI disseminated during the previous financial year were captured, including the nature of the information along with the date and time. The system maintains an audit trail and is capable of retaining records for 8 years.

During the financial year ended March 31, 2026, the company was required to capture 2 events and successfully captured both. The practicing company secretary reported that there were no instances of non-compliance observed during the period under review.

Compliance Details

The submission was made by Vijay Chinubhai Shah, Managing Director of Goldkart Jewels Limited. The company is listed on the SME NSE Platform and noted that the provisions of Regulation 24A of SEBI (LODR) Regulations, 2015 are not applicable to it.