RBZ Jewellers Limited has scheduled its 18th Annual General Meeting (AGM) for Thursday, September 10, 2026. The company submitted the relevant newspaper advertisements to the Bombay Stock Exchange and National Stock Exchange on August 20, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The AGM will be conducted through video conference or other audio-visual means, in compliance with Circular No. 09/2024 dated September 19, 2024, and General Circular No. 03/2024 dated September 22, 2024, issued by the Ministry of Corporate Affairs. Shareholders are not required to make a physical appearance at the meeting venue.

E-Voting Details

The company has enabled remote e-voting for shareholders who have not already cast their votes prior to the meeting. The voting window opens on Monday, September 7, 2026, at 9:00 am and closes on Wednesday, September 9, 2026, at 5:00 pm. The facility is managed by National Securities Depository Limited (NSDL).

The cut-off date for determining eligibility to vote is Friday, September 4, 2026. Shareholders who acquire shares after the dispatch of the notice but before the cut-off date can request login credentials by emailing evoting@nsdl.co.in with their folio number, PAN, name, and registered address.

Key Dates

The notice of the AGM and the annual report for FY25 are available on the company’s website at www.rbzjewellers.com , as well as on the exchange websites of BSE and NSE. Technical support for e-voting issues is available via the NSDL helpdesk at 022-4886 7000 or evoting@nsdl.com .

Heli A. Garala, Company Secretary and Compliance Officer of RBZ Jewellers Limited, signed the submission.

RBZ Jewellers Limited reported robust financial performance for FY26, with revenue from operations rising 20.06% to ₹6,364.80 crore from ₹5,301.15 crore in FY25. The company’s net profit after tax (PAT) surged approximately 41% to ₹547.81 crore, up from ₹388.59 crore in the prior year. This growth was supported by strong demand in both its retail and wholesale businesses, with retail revenue increasing to ₹4,084 crore and wholesale revenue growing to ₹2,213 crore.

The Ahmedabad-based jeweller also saw its earnings before interest, tax, depreciation, and amortization (EBITDA) expand significantly. EBITDA rose to ₹919 million, with margins improving to 14.44% from 12.11% in FY25. This margin expansion marks the strongest performance in the last four years, underscoring the effectiveness of the company’s integrated business model and disciplined execution.

Strategic Expansion and Capital Raising

RBZ Jewellers is accelerating its transition towards a consumer-led business model, focusing on scaling its retail footprint under the brand "Harit Zaveri Jewellers." The company plans to launch large-format stores in Surat and Rajkot during FY27, alongside evaluating opportunities in Gandhinagar and Eastern Ahmedabad. To support this expansion, the Board of Directors has proposed seeking shareholder approval to increase the borrowing limit to ₹750 crore. Currently, the company has secured working capital sanctions of ₹35 crore from IDFC First Bank and ₹50 crore from ICICI Bank, along with a ₹24 crore term loan from Kotak Bank.

What the Numbers Show

A key analytical observation from the financial data is the disproportionate growth in profitability compared to revenue. While revenue grew by roughly 20%, net profit increased by over 40%. This divergence suggests significant operating leverage, likely driven by the expansion in EBITDA margins from 12.11% to 14.44%. The ability to widen margins while scaling revenue indicates that fixed costs are being spread more efficiently over a larger sales base, enhancing overall capital efficiency.

Governance and AGM Details

The company will hold its 18th Annual General Meeting on September 10, 2026, via video conference. Key agenda items include the re-appointment of Chairman and Managing Director Rajendrakumar Kantilal Zaveri, who retires by rotation. Additionally, shareholders will vote on the re-appointment of Mr. Rajiv Nitin Mehta as an Independent Director for a second term of five years, commencing June 30, 2027. The Board has also proposed revisions to the remuneration structure for executive directors, including an increase in the commission ceiling from 1% to 1.15% of net profits.

The company maintained a clean audit report with no qualifications from statutory auditors Sorab S. Engineer & Co. RBZ Jewellers continues to emphasize trust and transparency, conducting 100% of transactions through formal banking channels without accepting cash payments.