Manoj vaibhav gems 'N' Jewellers Limited has filed its quarterly compliance certificate with stock exchanges for the fourth quarter ended March 31, 2026. The submission fulfills regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018.

Regulatory Compliance Certificate

The company submitted the certificate dated April 04, 2026, issued by M/s. Bigshare Services Private Limited, the company's Registrar and Transfer Agent. The certificate addresses compliance under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026.

Non-Applicability Status

Bigshare Services Private Limited confirmed that Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 is not applicable to Manoj Vaibhav Gems 'N' Jewellers Limited. The non-applicability stems from the fact that the entire shareholding of the company remains in dematerialized form.

During the quarter ended March 31, 2026, the registrar reported:

• No requests received from shareholders for rematerialization
• No requests received from shareholders for dematerialization
• Complete shareholding maintained in demat form

Stock Exchange Communication

The compliance certificate was formally communicated to both major stock exchanges where the company's shares are listed. Company Secretary and Compliance Officer Bandari Shiva Krishna submitted the certificate on April 08, 2026, ensuring timely regulatory compliance.

The submission maintains the company's adherence to SEBI regulations governing depositories and participants, demonstrating continued regulatory compliance in its share transfer and dematerialization processes.

Manoj vaibhav gems 'N' Jewellers Limited announced that its board of directors and audit committee have approved a franchise agreement with M/s. Gontla Trading LLP during meetings held on March 23, 2026. The agreement will enable the operation of new jewellery stores in Visakhapatnam under the company's brand name.

Franchise Agreement Details

The board approved the appointment of M/s. Gontla Trading LLP, a Limited Liability Partnership firm, as the franchisee for operating proposed new jewellery stores at two strategic locations in Visakhapatnam:

• Ramnagar, Visakhapatnam
• Gajuwaka, Visakhapatnam

The board has authorized the execution of a comprehensive franchise agreement, along with any necessary addendum, between the company and the franchisee. The company will announce the proposed opening dates of these new stores to stock exchanges as and when they are scheduled to open, in compliance with regulatory requirements.

Transaction Structure and Financial Terms

The franchise agreement encompasses significant business transactions for FY 2026-27:

Both transactions will be conducted in the ordinary course of business on an arm's length basis, with pricing inclusive of franchise fees. The material terms reflect that both entities operate in the same line of business, ensuring operational synergy.

Related Party Transaction Compliance

The transaction qualifies as a related party transaction under Section 188 of the Companies Act, 2013 and Regulation 23 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This classification arises because the designated partners of the franchisee have family relationships with key company executives:

• Mr. Udaya Kumar Gontla and Mrs. Gontla Shireesha are relatives of Mr. Rakhal Gontla, Joint Managing Director
• They are also relatives of Mrs. Sai Keerthana Grandhi, Whole-time Director and CFO

The company has confirmed that the transaction will be undertaken on an arm's length basis and in the ordinary course of business. Importantly, the transaction does not fall under the category of material related party transactions.

Board Meeting Proceedings

The board meeting was conducted on March 23, 2026, commencing at 05:30 P.M. and concluding at 06:10 P.M. The decisions were made pursuant to Regulation 30 and Regulation 23 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Both the audit committee and board of directors provided their approval for the franchise agreement execution.