Lypsa Gems & Jewellery Limited has received an adjudication order from the Securities and Exchange Board of India (SEBI), the company informed stock exchanges on April 17, 2026. The disclosure was made in compliance with regulatory requirements under SEBI listing regulations.

Regulatory Disclosure Details

The company filed the disclosure pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The adjudication order was passed under Section 15-I of the SEBI Act, 1992 read with the relevant provisions of SEBI (Procedure for Holding Inquiry and Imposing Penalties) Rules, 1995.

Company Response

Lypsa Gems & Jewellery Limited stated that it is currently in the process of reviewing the adjudication order. The company indicated it will take appropriate steps as may be required under applicable laws following its review of the order.

Order Availability

In accordance with regulatory transparency requirements, SEBI has made the complete adjudication order publicly available on its official website. The order can be accessed through the enforcement section of SEBI's portal.

Stock Exchange Communication

The disclosure was simultaneously communicated to both major stock exchanges where the company's shares are listed. The notification was sent to BSE Limited and the National Stock Exchange of India Limited, ensuring compliance with dual listing requirements. Chief Financial Officer Jeeyan Dipan Patwa signed the regulatory filing on behalf of the company.

Lypsa Gems & Jewellery Limited conducted its annual independent directors meeting on March 23, 2026, fulfilling mandatory regulatory requirements under the Securities and Exchange Board of India (LODR) Regulations, 2015. The meeting was held at the company's registered office and lasted from 01.00 P.M. to 03.00 P.M.

Meeting Details and Regulatory Compliance

The independent directors meeting was conducted pursuant to Regulation 25(3) of the SEBI (LODR) Regulations, 2015, read with Schedule IV of the Companies Act, 2013. This separate meeting of independent directors is a mandatory requirement for listed companies during each financial year.

Key Agenda Items Reviewed

The independent directors present at the meeting transacted specific business items as mandated by regulatory requirements. The meeting focused on comprehensive performance evaluations and governance assessments.

The directors undertook the following key activities:

• Board Performance Review: Reviewed the performance of non-independent directors and the board of directors as a whole
• Chairperson Assessment: Evaluated the performance of the chairperson, incorporating views from both executive and non-executive directors
• Information Flow Analysis: Assessed the quality, quantity, and timeliness of information flow between company management and the board of directors

Governance and Information Management

A critical aspect of the meeting involved evaluating whether the information flow between management and the board enables directors to effectively and reasonably perform their duties. This assessment ensures that the board receives adequate and timely information necessary for informed decision-making and effective governance oversight.

Regulatory Communication

The company has duly informed both BSE Limited and the National Stock Exchange of India Limited about the meeting outcome, maintaining transparency with stock exchanges as required under Regulation 30 of the SEBI (LODR) Regulations, 2015. The communication was signed by Jeeyan Dipan Patwa, Chief Financial Officer, ensuring proper authorization and compliance with disclosure norms.