Guru Krupa Gems and Jewellery Limited (formerly known as Bhakti Gems & Jewellery Limited) has announced a key leadership change following its Board of Directors meeting held on 30th March, 2026. The company's board has accepted the resignation of Ms. Ayushi Sahu from her position as Company Secretary and Compliance Officer, effective from the same date.

Board Meeting and Regulatory Disclosure

The board meeting was conducted at the company's registered office located at FF/02, 413/1 Kalp Bhakti House, Nr Narayan Society, B/h Axis Bank, C G Road, Ashram Road P.O, Ahmedabad-380009, Gujarat. The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, with Managing Director Akshay Sevantilal Mehta (DIN: 02986761) signing the formal intimation to BSE Limited.

Resignation Details and Documentation

Ms. Ayushi Sahu, holding membership number A68810, submitted her formal resignation from the dual role of Company Secretary and Compliance Officer. In her resignation letter, she confirmed that the decision was made due to personal reasons and stated there were no material reasons beyond those mentioned requiring disclosure to stock exchanges.

Company Information and Compliance

The company operates under CIN L36910GJ2010PLC060064 and maintains its website at www.bhaktijewellery.com . The resignation details have been communicated to BSE Limited, where the company's scrip is listed under code 540545. The disclosure follows the requirements under Schedule III - Para A (7B) of Part A of SEBI Listing Regulations and SEBI circular SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023.

Future Succession Planning

The board has indicated its intention to appoint a new Company Secretary and Compliance Officer soon to maintain regulatory compliance and corporate governance standards. The company has assured stakeholders that it will make necessary arrangements to fill this important position promptly while continuing operations during this leadership transition.

India's gem and jewellery industry could face substantial export losses of $2 billion if the ongoing war continues for three months, according to a warning issued by the Gem & Jewellery Export Promotion Council. This projection highlights the significant impact that global conflicts can have on India's key export sectors.

Export Impact Assessment

The Gem & Jewellery Export Promotion Council has raised concerns about the potential disruption to India's gem and jewellery trade. The council's assessment indicates that prolonged conflict could severely affect the industry's export performance.

Industry Implications

The gem and jewellery sector represents one of India's important export industries. The council's warning reflects concerns about how international conflicts can disrupt established trade relationships and supply chains. The projected $2 billion impact demonstrates the scale of potential economic consequences for the sector.

Trade Disruption Concerns

The assessment by the Gem & Jewellery Export Promotion Council underscores the interconnected nature of global trade and the vulnerability of export-dependent industries to geopolitical developments. The three-month timeframe suggests that even relatively short-term conflicts can have substantial economic implications for India's export performance.