Jay Ambe Supermarkets Limited has published newspaper advertisements regarding the dispatch of its postal ballot notice for the appointment of a new statutory auditor. The company communicated this development to BSE Limited on March 30, 2026, following its earlier board meeting approval on March 27, 2026.

Newspaper Publication Compliance

The company published advertisements in compliance with Section 108 of the Companies Act, 2013, and Regulation 44 of SEBI (LODR) Regulations, 2015. The publications appeared in two newspapers to ensure wide circulation and regulatory compliance.

Board Meeting and Auditor Transition

The Board of Directors had earlier convened on March 27, 2026, from 5:00 p.m. to 7:00 p.m., approving the postal ballot process for statutory auditor appointment. The transition involves replacing M/s. Jay M. Shah & Co., Chartered Accountants (Firm Registration No. 137295W), who resigned on November 07, 2025, with M/s. P K N & Co., Chartered Accountants (Firm Registration No. 137148W).

E-Voting Timeline and Process

The company has established a comprehensive e-voting framework through National Securities Depository Limited (NSDL) with specific timelines for shareholder participation. Ms. Deepti Grover (Membership no. F7654) serves as the appointed scrutinizer for the postal ballot process.

Regulatory Framework and Compliance

The postal ballot process adheres to multiple regulatory requirements including the Companies Act, 2013, and SEBI Listing Regulations. Shareholders whose names appear in the Register of Members or List of Beneficial Owners as on the cut-off date are eligible to participate in the e-voting process.

Upon approval, M/s. P K N & Co. will hold office until the conclusion of the next Annual General Meeting and conduct statutory audit work for Financial Year 2026-27. The results will be displayed on the company's website at www.citysquaremart.com and NSDL's website at www.evoting.nsdl.com , with simultaneous communication to stock exchanges.

The company's Managing Director Jignesh Amratbhai Patel (DIN: 08049321) digitally signed all official communications, ensuring proper authorization and compliance with regulatory requirements.

Jay Ambe Supermarkets Limited has announced the opening of a new hypermarket store in Ahmedabad, marking another expansion milestone for the retail chain. The company informed BSE Limited about this significant business development through a regulatory filing under Regulation 30.

Store Launch Details

The new hypermarket store is scheduled to open on February 1, 2026, at the Center Point project in Adani Shantigram Township, Ahmedabad. The company secured this location through a Sub-Lease Agreement with Shopxperia Lifestyle Private Limited, executed on January 22, 2026.

Store Infrastructure and Layout

The new hypermarket will occupy a substantial multi-floor property designed to accommodate the company's comprehensive retail operations. The building structure includes:

• Basement level
• Ground floor
• Three upper floors

This expansive layout will enable Jay Ambe Supermarkets to implement its signature retail format, providing customers with a comprehensive shopping experience across multiple product categories.

Product Portfolio and Market Positioning

The company will leverage its unique selling proposition of offering an extensive product range under one roof. The new store will stock more than 20,000 products across diverse categories, establishing itself as a comprehensive retail destination.

Product Categories

The hypermarket will feature an extensive range of merchandise including:

• FMCG Food & Non-Food items
• Grocery essentials
• Dairy & Frozen products
• Crockery & Household items
• Apparels and fashion merchandise
• Footwear collections
• Bags & Purse accessories
• Home Furnishing products
• Small Appliances
• Toys & Handicraft items

Customer Value Proposition

Jay Ambe Supermarkets positions itself as a customer-centric retail destination, focusing on providing comprehensive product availability with competitive pricing. The company emphasizes its commitment to offering attractive discounts on every product daily, ensuring customers receive value for their purchases while accessing a wide variety of merchandise options.

This strategic expansion into Ahmedabad's Adani Shantigram Township represents the company's continued growth in the Gujarat retail market, bringing its hypermarket concept to serve the local community's diverse shopping needs.