Jay Ambe Supermarkets approved its Directors' Report for the financial year ended March 31, 2026. The board also scheduled the company's sixth Annual General Meeting for September 30, 2026.

The meeting took place on September 8, 2026. Directors reviewed and adopted the annual report along with its annexures. This filing aligns with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Governance Updates

The board appointed M/s. Prasad and Partners LLP as the scrutinizer for the upcoming AGM. The firm is a practicing company secretaries based in Ahmedabad.

Shareholders will receive the draft notice for the meeting shortly. The company has made these announcements available on its official website.

What the Numbers Show

The approval of the Directors' Report signals the completion of the annual audit cycle for FY26. No specific financial figures were disclosed in this regulatory filing, limiting immediate analytical depth on performance metrics.

Craft Emerging Market Fund PCC has acquired a 5.32% stake in Jay Ambe Supermarkets Limited by purchasing 472,000 equity shares. The transaction, executed through the open market on September 19, 2025, marks the fund’s initial entry into the company’s shareholding structure. This disclosure is significant as it registers a new substantial shareholder in the listed entity, potentially influencing future corporate governance dynamics.

The acquisition was formally notified to the Bombay Stock Exchange (BSE) through a revised disclosure under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Filed on July 24, 2026, this submission corrects an earlier filing dated June 5, 2026, which omitted the specific date of acquisition. The acquirer, represented by Ashwanee Ramsurrun from Mauritius, clarified that the previous filing lacked the precise transaction date, necessitating this updated report.

Acquisition Details

The stake was accumulated by Craft Emerging Market Fund PCC – Citadel Capital Fund and Craft Emerging Market Fund PCC – Elite Capital Fund, which are acting as Persons Acting in Concert (PAC). Prior to this acquisition, the fund held no shares or voting rights in Jay Ambe Supermarkets Limited. The entire holding of 472,000 shares represents equity shares carrying voting rights, with no warrants, convertible securities, or encumbrances involved in the transaction.

Shareholding Structure

Following the acquisition, Craft Emerging Market Fund PCC holds 472,000 shares, constituting 5.32% of the total share capital and 5.32% of the total diluted voting capital of Jay Ambe Supermarkets Limited. The total equity share capital of the target company remains unchanged at 8,879,954 shares. The acquirer confirmed that it does not belong to the promoter or promoter group of the company.

Regulatory Compliance

The disclosure adheres to the requirements of Clause 35 of the Listing Agreement regarding total share capital calculations. Diluted voting capital assumes full conversion of outstanding convertible securities, though none were part of this specific transaction. The filing serves as a mandatory regulatory update to ensure transparency in substantial share acquisitions, providing investors with accurate data on ownership changes within the listed entity.