Koura Fine Diamond Jewelry Limited adopted its audited financial statements for the financial year ended March 31, 2026, during its 4th Annual General Meeting (AGM) held on September 30, 2026. The company also approved the re-appointment of a director retiring by rotation.

The meeting took place at the registered office in Ahmedabad at 11:30 am (IST). Kamlesh Keshavlal Lodhiya, Chairman and Managing Director, chaired the session after confirming the requisite quorum. He informed members that the statutory registers and documents referenced in the AGM notice were available for inspection.

Key resolutions passed

The shareholders passed two ordinary resolutions during the meeting:

1. To receive, consider, and adopt the audited financial statements for FY26, along with the reports of the Board of Directors and Auditors.
2. To appoint Ms. Pratibha Kamlesh Lodhiya as director in place of herself, who retired by rotation and offered herself for re-appointment.

Audit and voting details

The Chairman stated that the Statutory Auditor and Secretarial Auditor did not provide any observations, qualifications, or modified opinions on the financial statements. As an SME listed company, Koura Fine Diamond Jewelry was exempt from providing an e-voting facility under SEBI regulations. Consequently, members exercised their voting rights through ballot papers at the venue.

Post-meeting disclosures

Consolidated voting results and the Scrutinizer’s Report regarding the resolutions will be disseminated to the stock exchange and made available on the company’s website within the prescribed time from the conclusion of the meeting. The meeting concluded with a vote of thanks at 12:00 pm (IST).

Koura Fine Diamond Jewelry shareholders approved a resolution to increase the company’s authorized share capital and another to issue up to 6,00,000 convertible warrants on a preferential basis. The approvals came during the Extra-ordinary General Meeting (EGM) held on August 31, 2026.

The company filed revised voting results with the BSE SME Platform on September 10, 2026, to rectify typographical errors in the initial report. The revision did not alter the outcome of the resolutions. Dilip Swarnkar & Associates served as the scrutinizer for the e-voting process conducted via National Securities Depository Limited (NSDL).

Voting Results

Shareholders representing 57.02% of the total outstanding shares cast votes during the remote e-voting period, which ran from August 28 to August 30, 2026. A total of 34,42,225 shares were polled out of 60,36,500 shares held by 365 shareholders as on the record date of August 24, 2026.

Both resolutions passed with 100% support among the votes polled. No votes were cast against either resolution, and there were no invalid votes recorded.

Promoter Participation

Promoters and the promoter group held 40,36,225 shares, constituting the majority of the voting power. They cast 33,86,225 votes in favor of both resolutions, representing 83.90% of their holdings. The promoter group declared no interest in the first resolution regarding the capital increase but confirmed interest in the second resolution concerning the warrant issuance.

Public non-institutional shareholders held 20,00,275 shares and cast 56,000 votes, also fully in favor of both agenda items. No institutional public shareholders participated in the voting process.