PNGS Reva Diamond Jewellery Limited has scheduled its Second Annual General Meeting (AGM) for June 24, 2026, at 12:00 PM IST via video conferencing. The company disclosed the meeting date through a notice published in the Financial Express and Loksatta on May 28, 2026. The meeting will be conducted to transact business as set out in the notice dated May 11, 2026, in compliance with the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Electronic copies of the notice and the Annual Report for the financial year 2025-26 were sent to members on June 03, 2026. The company will send physical copies of the Annual Report to members who request it. The formal notice and report are available on the company website, BSE Limited, and National Stock Exchange of India Limited.

E-voting Details

National Securities Depository Limited (NSDL) has been appointed to provide the remote e-voting facility. CS Ruchi Bhawe has been appointed as the Scrutinizer to ensure the process is fair and transparent. The voting rights of members will be determined based on their equity share holdings as of the cut-off date, June 17, 2026.

The remote e-voting period is open from 9:00 a.m. on June 19, 2026, to 5:00 p.m. on June 23, 2026. Members who cast their votes remotely are requested to attend the AGM but will not be entitled to vote again during the meeting.

Publication and Participation

The notice was published in the following newspapers:

Attendance at the AGM will be conducted exclusively through Video Conferencing or Other Audio-Visual Means (VC/OAVM). This attendance will count towards the quorum under Section 103 of the Companies Act, 2013. As all equity shares are in dematerialised form, members are requested to ensure their email addresses are updated with their depositories or the Registrar and Transfer Agent.

PNGS Reva Diamond Jewellery reported a net revenue of ₹4,390 Mn for the financial year FY26, alongside a Profit After Tax (PAT) of ₹647 Mn. The company, a branded certified natural diamond jewellery retailer backed by the P. N. Gadgil & Sons Group legacy, operates 36 stores across 25 cities in Maharashtra, Gujarat, and Karnataka. The operational performance included an EBITDA of ₹950 Mn, with a Return on Capital Employed (ROCE) of 183% and Return on Equity (ROE) of 126%.

The retailer's store network comprises 34 SIS (Shop-in-Shop) stores and 2 COCO (Company-Owned Company-Operated) stores. PNGS Reva Diamond Jewellery plans to expand its presence by launching 15 exclusive stores across India, with a focus on targeting Tier-1 cities and selectively exploring Tier-2 cities and other metro cities. One store was added during Q4FY26. The company attributes its operational efficiency to regional strength, which aids in optimizing supply chains, reducing logistics costs, and aligning with local demand.

Financial Highlights FY26

The company recorded strong financial metrics for the year, including a Gross Profit of ₹950 Mn and an Average Order Value of ₹120,513. The inventory turnover was reported at 131 times.

Operational and Strategic Overview

PNGS Reva Diamond Jewellery maintains a comprehensive product basket across price segments, including Premium, Signature, Occasion, Everyday, and Entry levels. The sales mix for FY26 highlighted a focus on the core Occasion segment (₹1.5-5 lakh) and the Entry segment (₹50,000-1 lakh) for customer acquisition. The Everyday segment (₹25,000-50,000) is targeted for repeat purchases to drive higher brand lifetime value.

The company reported that the total amount spent on Corporate Social Responsibility (CSR) projects for the financial year was Nil. The two percent of average net profit of the company as per sub-section (5) of section 135 was ₹17,58,591.79, while the total amount spent for the financial year was NIL. There was no surplus arising out of CSR projects from previous financial years, and no amount was available for set off in succeeding financial years.