S.M. Gold Limited has announced the resignation of its Company Secretary and Compliance Officer, Ms. Megha Saraswat, effective March 17, 2026. The company informed BSE Limited about this key managerial personnel change through a formal disclosure dated March 18, 2025, in compliance with regulatory requirements.

Resignation Details

Ms. Megha Saraswat (ACS 72665) submitted her resignation letter on March 17, 2026, citing a new professional opportunity outside the organization that aligns with her long-term career goals. The resignation was communicated to the company's Board of Directors through a formal letter addressed to the management.

Official Documentation

The formal resignation letter was addressed to the Board of Directors at S.M. Gold Limited's registered office at Shop No. 1 to 3, 2nd Floor, 24 Caret Building, Opp. Rock Regency Hotel Law Garden, C G Road, Ahmedabad, Gujarat. In her resignation letter, Ms. Saraswat expressed sincere gratitude for the opportunities and professional support received during her tenure with the company.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was made in accordance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, which governs disclosures related to changes in key managerial personnel.

Statutory Requirements

Ms. Saraswat's resignation letter specifically mentioned the requirement to file Form DIR-12 with the Registrar of Companies to formalize her cessation as Key Managerial Personnel of the company. The disclosure was signed by Pulkitkumar Sureshbhai Shah, Managing Director (DIN: 07878190), on behalf of S.M. Gold Limited, confirming the company's acknowledgment of the resignation and commitment to completing necessary statutory filings.

S.M. Gold Limited has announced its unaudited standalone financial results for the third quarter ended December 31, 2025, showcasing significant revenue expansion alongside adjusted profitability metrics. The Ahmedabad-based company's board approved these results during a meeting held on February 11, 2026, in compliance with SEBI listing regulations.

Financial Performance Overview

The company demonstrated robust revenue growth during Q3FY26, with total revenue reaching ₹5,274.66 lakhs compared to ₹4,160.96 lakhs in the corresponding quarter of the previous year. This growth was primarily driven by increased revenue from operations, which expanded substantially during the reporting period.

Nine-Month Performance Analysis

For the nine-month period ended December 31, 2025, S.M. Gold Limited reported comprehensive business expansion with total revenue of ₹12,299.59 lakhs compared to ₹7,312.23 lakhs in the corresponding period of the previous year. The company achieved net profit of ₹78.56 lakhs for the nine-month period, representing growth from ₹47.34 lakhs in the previous year.

Operational Expenses and Cost Structure

The company's expense profile reflected the expanded business operations, with total expenses reaching ₹5,243.82 lakhs in Q3FY26. Key expense components included:

• Purchase of Stock-in-Trade: ₹3,782.78 lakhs
• Changes in inventories: ₹1,402.65 lakhs
• Employee Benefit Expense: ₹7.50 lakhs
• Financial Costs: ₹28.75 lakhs
• Other Expenses: ₹22.14 lakhs

Capital Structure and Share Information

S.M. Gold Limited maintained a paid-up equity share capital of ₹1,323.75 lakhs as of December 31, 2025, with shares having a par value of ₹10 each. The company reported basic and diluted earnings per share of ₹0.16 for Q3FY26, reflecting the current quarter's profitability on a per-share basis.

Regulatory Compliance and Audit

The financial results underwent limited review by Shah Karia & Associates, Chartered Accountants, who confirmed compliance with Indian Accounting Standards and SEBI listing regulations. The audit committee reviewed and the board of directors approved these results during their meeting held on February 11, 2026, ensuring adherence to corporate governance standards.