Radhika Jeweltech Limited has submitted its annual disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011, confirming zero share encumbrance by promoters for the financial year ended March 31, 2026.

Regulatory Compliance Declaration

The company filed the mandatory disclosure with both BSE and NSE on April 09, 2026. Managing Director Ashokkumar M. Zinzuwadia submitted the declaration on behalf of the promoters, confirming compliance with SEBI's substantial acquisition and takeover regulations.

Share Encumbrance Status

The promoters declared that no encumbrance of shares occurred during FY26, either directly or indirectly. As of March 31, 2026, the number of shares encumbered or pledged by promoters stands at nil.

Corporate Information

Radhika Jeweltech Limited operates from its corporate office on Kalawad Road, Rajkot, with an additional branch on Palace Road. The company trades on BSE under code "540125" and on NSE under symbol "RADHIKAJWE".

Regulatory Framework

The disclosure falls under SEBI's substantial acquisition and takeover regulations, which mandate transparency in promoter shareholding patterns. This annual filing ensures investors have access to current information about share encumbrance status and maintains market integrity through regular disclosure requirements.

Radhika Jeweltech Limited conducted a separate board meeting of independent directors on March 31, 2026, fulfilling its regulatory obligations under corporate governance norms. The meeting was held in compliance with Section 149(7) read with Schedule IV of the Companies Act, 2013 and Regulation 25 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

Meeting Details and Compliance

The independent directors' meeting took place at the company's registered office and was conducted between 6:30 PM and 7:15 PM on March 31, 2026. This separate meeting is a mandatory requirement under corporate governance regulations to ensure independent oversight of the company's board functioning.

Agenda Items and Evaluation Process

The independent directors reviewed three critical areas of board governance during their meeting. The agenda focused on comprehensive performance evaluation and information flow assessment.

The key items discussed included:

• Review of performance of non-independent directors and the board as a whole
• Assessment of the chairperson's performance, incorporating views from both executive and non-executive directors
• Evaluation of quality, quantity and timeliness of information flow between company management and the board

Regulatory Framework and Purpose

This separate meeting of independent directors serves as an important corporate governance mechanism. The evaluation process ensures that independent directors can assess board effectiveness without the presence of non-independent members, promoting transparency and objective review.

The meeting enables independent directors to evaluate whether the board receives adequate and timely information necessary for effective decision-making and duty performance. Managing Director Ashokkumar M. Zinzuwadia communicated the meeting outcome to both BSE Limited and National Stock Exchange of India Limited as part of the company's listing compliance obligations.