S.M. Gold Limited held its 9th Annual General Meeting on September 26, 2026, through Video Conferencing and Other Audio-Visual Means. The meeting commenced at 1:00 pm and concluded at 1:17 pm, with shareholders voting on key resolutions including the adoption of financial statements and the re-appointment of independent directors.

Meeting Proceedings and Attendance

The meeting was chaired by Ganpatbhai Babubhai Nayi, Non-Executive Independent Director, with Priyank Sureshkumar Shah authorized to conduct proceedings. Pulkitkumar Sureshbhai Shah, Managing Director, briefed members on the company's financial performance for FY26. The Company Secretary confirmed that both the Statutory Auditor's Report and the Secretarial Audit Report for FY26 contained no qualifications, reservations, or adverse remarks.

A total of 32 members attended the meeting via video conferencing out of 16,211 shareholders recorded on the cut-off date of September 21, 2026. Remote e-voting was available from September 23 to September 25, 2026.

Key Resolutions Passed

Shareholders approved several ordinary and special resolutions during the session. The agenda included the adoption of audited standalone financial statements and the re-appointment of Mrs. Nitaben Sureshkumar Shah as a director retiring by rotation.

Governance and Compliance

The company appointed SS Lunkad and Associates, Practising Company Secretaries, as the new Secretarial Auditors for a term of five consecutive years from FY27 to FY31. This appointment follows the standard governance protocols outlined in the Companies Act, 2013, and SEBI Listing Regulations.

Voting results are scheduled to be submitted to the stock exchange within two working days and will be available on the company's website. No registered speakers raised queries or views during the open forum segment of the meeting.

S.M. Gold has re-appointed Girishchandra Madhavlal Patel as an independent director for a five-year term commencing on October 1, 2026.

The Board of Directors approved the re-appointment during its meeting held on September 2, 2026, at the company’s registered office in Ahmedabad. The decision follows a recommendation from the Nomination and Remuneration Committee.

Appointment Details

The re-appointment is for a second consecutive term of five years, running from October 1, 2026, to October 1, 2031. The appointment remains subject to approval by shareholders at the forthcoming Annual General Meeting.

Mr. Patel, who was initially appointed on January 11, 2021, holds a matriculation qualification and possesses extensive experience in the jewellery business. He currently holds no shares in the company and receives no remuneration from S.M. Gold.

Compliance and Regulatory Filings

The company made the disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing also references SEBI Circular No. SEBI/HO/CFD/CFDPoD-1/P/CIR/2023/123 dated July 13, 2023.

According to the regulatory filing, Mr. Patel has no relationships with other directors and holds no directorships or committee memberships in other listed companies. He is not debarred from holding office by any SEBI order or other authority.