Koura Fine Diamond Jewelry Limited has scheduled its fourth Annual General Meeting (AGM) for September 30, 2026. The board approved the Directors' Report for FY26 on September 2, 2026, and issued the notice for the shareholder meeting.

The AGM will be held at 11:30 am at the company's registered office in Ahmedabad. Shareholders will vote on ordinary business items, including the adoption of audited financial statements and the re-appointment of a retiring director.

Key Agenda Items

The notice outlines two primary items for consideration during the AGM:

• Adoption of the Audited Financial Statements for the financial year ended March 31, 2026, along with the reports of the Board of Directors and Auditors.
• Re-appointment of Ms. Pratibha Kamlesh Lodhiya as a director. She retires by rotation but is eligible and has offered herself for re-appointment.

Director Profile

Ms. Pratibha Lodhiya has been associated with the company since its incorporation. She possesses over 10 years of experience in the gold and diamond jewellery business, with expertise in sales and marketing. She currently holds 2,750 equity shares in the company and is a relative of other directors, including Mr. Kamlesh Lodhiya and Mr. Soham Lodhiya.

Meeting Details

The company is listed on the SME Exchange and is not required to provide remote e-voting facilities. Members are advised to register their email addresses to receive communications electronically.

Koura Fine Diamond Jewelry shareholders approved the preferential allotment of convertible warrants and an increase in authorized share capital at its Extraordinary General Meeting (EGM) on August 31, 2026. The resolutions passed with unanimous support from voting shareholders.

Meeting Proceedings

The EGM was conducted through Video Conferencing and Other Audio-Visual Means (VC/OAVM). Kamlesh Keshavlal Lodhiya, Managing Director, chaired the meeting. Seven members joined, ensuring the requisite quorum was present throughout the proceedings. The meeting commenced at 4:30 pm and concluded at 4:40 pm.

The Board had appointed Dilip Kumar Swarnkar, a practicing company secretary, as the scrutinizer for the remote e-voting process. Voting ran from August 28, 2026, at 9:00 am to August 30, 2026, at 5:00 pm. Members holding shares as of the cut-off date, August 24, 2026, were eligible to vote. Out of 365 total shareholders on the record date, votes were polled from holders of 34,42,225 shares, representing 57.02% of outstanding shares.

Business Items Transacted

Shareholders voted on two special business items:

1. Increase in the authorized share capital of the company.
2. Consider and approve issuance of up to 6,00,000 convertible warrants on a preferential basis to promoters and non-promoters for consideration in cash.

Both resolutions were passed with the requisite majority. Detailed voting results and the Scrutinizer's Report have been submitted to the stock exchange under Regulation 44(3) of the SEBI Listing Regulations.

Voting Results Breakdown

Promoters held 40,36,225 shares as of the record date and cast all their polled votes in favor of both resolutions. Public non-institutional shareholders held 20,00,275 shares, with 56,000 votes polled, all in favor. No public institutional shareholders participated in the voting.

Allottee Substitution

Prior to the meeting, the company issued a corrigendum to replace Mr. Anil Vrujlal Jogia with Mrs. Jogiya Geetaben Dhirajlal as a proposed allottee. BSE Limited observed that Mr. Jogia had sold shares during the relevant pricing period, rendering him ineligible under Regulation 159(1) of the SEBI ICDR Regulations. Mrs. Jogiya Geetaben Dhirajlal will now be allotted 2,50,000 warrants.

Valuation Report Clarification

The company clarified that the name "Osia Hyper Retail Limited" appeared in the subject line of the valuation report due to a clerical error. The report pertains to Koura Fine Diamond Jewelry Limited. The revised document is available on the company's website.

Issue Details

The approved issuance involves up to 6,00,000 convertible warrants on a preferential basis for cash consideration. The total proceeds amount to ₹2.22 crore. The issue price is set at ₹37 per warrant, including a premium of ₹27. This price aligns with the minimum price determined under Regulation 164 of the SEBI ICDR Regulations, which was calculated at ₹36.48 per equity share based on the volume-weighted average price preceding the relevant date of July 31, 2026.

Use of Proceeds

The net proceeds from the issue are allocated as follows:

• Working capital requirements: ₹1.77 crore
• General corporate purposes: ₹44.40 lakh

The general corporate purposes allocation does not exceed 25% of the total issue proceeds. The funds are intended for deployment over one year.