RBZ Jewellers will hold a media interaction today, September 22, 2026, regarding the launch of its new showroom in Surat. The event precedes the inauguration scheduled for September 24, 2026.

The new outlet will operate under the company's flagship retail brand, Harit Zaveri Jewellers. This expansion marks a step in the company's retail growth strategy.

Expansion Details

The upcoming showroom aims to strengthen the company's presence in the Gujarat region. Management will engage with the press to discuss the launch and future plans.

Further details regarding the showroom and launch developments will be shared via a subsequent press release following the inauguration.

RBZ Jewellers shareholders approved six resolutions at its 18th annual general meeting held on September 10, 2026, via video conferencing. The approvals included the re-appointment of Rajiv Nitin Mehta as an independent director and the adoption of audited financial statements for FY26.

The combined voting results showed high participation from promoters, who cast 29,999,700 votes representing 99.9992% of their outstanding shares. Public non-institutional shareholders polled 89,513 votes (0.9165% participation), while public institutions voted 62,048 shares (26.649% participation). All six resolutions were passed with overwhelming support.

Voting Results Overview

Source: RBZ Jewellers Limited AGM Voting Results

Governance Details

Mehta, holding DIN 00697109, will serve as a Non-Executive Independent Director for a second five-year term running from June 30, 2027, to June 29, 2032. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015. The company confirmed that Mehta is not debarred from holding office by any SEBI order or other authority.

Additionally, shareholders approved the re-appointment of Mr. Rajendrakumar Kantilal Zaveri (DIN: 02022264), who was retiring by rotation. The Board of Directors had recommended these appointments on August 11, 2026, following advice from the Nomination and Remuneration Committee.

Strategic Resolutions

Shareholders also approved two special resolutions empowering the board to create charges or mortgages on company properties for borrowing purposes under Section 180(1)(a) of the Companies Act, 2013. Furthermore, the board was granted authority to increase borrowing limits under Section 180(1)(c) of the same act. A separate special resolution approved revisions to the remuneration terms payable to executive directors.

Director Profile

Mehta brings over 20 years of experience across consumer brands, retail, venture capital, and corporate governance. He holds a master’s degree in chemical engineering and an MBA from INSEAD.

His professional background includes:

• Managing Director at Puma South Asia, where he scaled operations to over 320 stores.
• CEO roles at Arvind Sports Ltd and Arvind Fashion Brands Ltd, launching premium brands associated with icons like Sachin Tendulkar and Akshay Kumar.
• CEO of Stove Kraft Ltd, driving a turnaround and leading its successful IPO in 2021.

Currently, Mehta serves as an active angel investor with the Indian Angel Network. He also holds directorships at Unicorn Contractors and Kan DFY Sports, and is a Designated Partner at Vortis Advisors LLP and Vortis Sponsors LLP.