Manoj Jewellers Limited held its 19th Annual General Meeting on September 12, 2026, to approve key corporate governance matters. The meeting took place at the company’s registered office in Chennai.

Manoj Jewellers shareholders approved ordinary business items, including the adoption of audited financial statements for the year ended March 31, 2026. The statutory auditors issued an unqualified report, confirming no qualifications or observations in their audit report for FY26.

Director Appointments and Remuneration

The AGM addressed several special business resolutions concerning the board composition and compensation structure. Shareholders approved the following appointments and remuneration fixes:

• Appointment of Mr. Sunil Shantilal as Executive Director, liable to retire by rotation.
• Re-appointment of Ms. Raj Kumari as Whole-Time Director with fixed remuneration.
• Re-appointment of Mr. Manoj Kumar as Managing Director with fixed remuneration.
• Re-appointment of Mr. Shantilal Sunil as Executive Director.

Additionally, the meeting approved increasing the remuneration of directors exceeding the overall managerial remuneration limit under Section 197 of the Companies Act, 2013.

Meeting Proceedings

Mr. Manoj Kumar, Managing Director, served as Chairman of the meeting. Independent directors Mr. Prathik Prasanchand Daga and Mr. Ramesh Kumar were present to address shareholder queries regarding audit and stakeholder relationships, respectively. The Company Secretary confirmed quorum and outlined the remote e-voting process facilitated by NSDL between September 9 and September 11, 2026.

The Chairman delivered a speech covering the company’s performance in FY25-26 and future prospects. The meeting concluded at 3:40 pm after all agenda items were transacted.

Manoj Jewellers Limited has completed the dispatch of issue materials for its ₹179.7 crore rights issue and credited rights entitlements to eligible shareholders' demat accounts as on August 24, 2026. The company aims to raise funds by issuing up to 89,85,628 equity shares at ₹20 per share in a 1:1 ratio.

The Board of Directors approved the Letter of Offer, Rights Entitlement Letter, Common Application Form, and other issue-related materials during a meeting held on August 20, 2026. These documents were filed with BSE Limited and the Securities and Exchange Board of India (SEBI). The completion of dispatch occurred on August 25, 2026, with materials sent via email to those who provided valid addresses and physically dispatched to others on a reasonable effort basis.

Rights Entitlements and Application Process

Rights entitlements have been credited to the demat accounts of eligible equity shareholders under ISIN INE0MV020018. Investors can apply for the rights issue or renounce their entitlements either through the stock exchange's secondary market platform (on-market renunciation) or via off-market transfer.

The company has also opened a separate demat suspense escrow account for cases where entitlements could not be directly credited, such as shares held in physical form or where ownership is disputed. Eligible shareholders in these categories must provide relevant details to the company or registrar by September 25, 2026, to enable transfer of entitlements before the issue closes.

Issue Timeline

The rights issue opens on August 31, 2026, and closes on September 29, 2026. The last date for on-market renunciation is September 24, 2026, while off-market renunciation must be completed by September 28, 2026.

Applications must be made using the Applications Supported by Blocked Amount (ASBA) process. Investors are required to have an ASBA-enabled bank account with a Scheduled Commercial Bank (SCSB) prior to applying. The payment schedule requires ₹20 per rights equity share to be payable on application.

Corporate Governance Updates

The board also approved the Director’s Report for the financial year ended March 31, 2026, and fixed remuneration for directors exceeding the overall managerial remuneration limit under Section 197 of the Companies Act, 2013. These appointments and remuneration packages are subject to shareholder approval at the upcoming Annual General Meeting (AGM).

Director Re-Appointments

The board approved the re-appointment of three key directors for a five-year term effective July 16, 2027, pending shareholder approval:

• Ms. Raj Kumari (DIN: 09607998) as Whole-Time Director. She is the promoter and wife of Managing Director Mr. Manoj Kumar.
• Mr. Manoj Kumar (DIN: 01730747) as Managing Director. He oversees overall management and marketing.
• Mr. Sunil Shantilal (DIN: 01730790) as Executive Director. He handles financials, administration, and human resources. He is the brother of Mr. Manoj Kumar.

AGM Schedule

The company notified the BSE SME Platform that its 19th Annual General Meeting is proposed to be held on Saturday, September 12, 2026, at 3:00 pm. The meeting will take place at the company’s registered office at No 59, NSC Bose Road, Sowcarpet, Chennai. M/s Dilip Swarankar & Associates have been appointed as the scrutinizer for conducting e-voting and physical voting processes.