Sky Gold and Diamonds Limited has filed its quarterly compliance certificate with stock exchanges, fulfilling regulatory requirements under SEBI's depository regulations. The company submitted the certificate on 7th April 2026 for the quarter ended 31st March 2026.

Regulatory Compliance Filing

The compliance certificate was filed under Regulation 74(5) of the SEBI (Depositories and Participants) Regulations, 2018. Managing Director Mangesh Chauhan digitally signed and submitted the document to both BSE Limited and National Stock Exchange of India Limited.

Registrar Confirmation

MUFG Intime India Private Limited, formerly known as Link Intime India Private Limited, served as the company's registrar and transfer agent. The RTA issued the compliance certificate on 3rd April 2026, confirming proper handling of dematerialisation processes during the quarter.

Ashok Shetty, Senior Vice President-Corporate Registry at MUFG Intime, signed the certificate confirming that:

• Securities received from depository participants for dematerialisation were properly confirmed to depositories
• All securities were listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialisation were confirmed or rejected within prescribed timelines
• Physical certificates were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners

Depository Communication

The compliance certificate was also shared with both major depositories in India. National Securities Depository Limited and Central Depository Services (India) Limited received copies of the filing, ensuring comprehensive regulatory communication across the securities market infrastructure.

Company Information

Sky Gold and Diamonds Limited, formerly known as Sky Gold Limited, operates from Navi Mumbai with its registered office at Plot No. D-222/2, TTC, MIDC Shirawane, Thane. The company trades on stock exchanges under the symbol SKYGOLD with scrip code 541967.

Sky Gold & Diamonds has officially announced a strategic transformation under its Sky Gold 3.0 vision, marking a significant shift towards an asset-light expansion model. The company released this update through an official media statement dated February 27, 2026, reinforcing its commitment to capital-efficient growth and enhanced financial resilience.

Strategic Shift from Greenfield to Leased Manufacturing

The company has decided to transition from its original plan of establishing a large-scale greenfield manufacturing facility to a more agile, asset-light expansion approach. As part of this strategic pivot, Sky Gold will scale capacity through leased manufacturing facilities rather than owned assets.

Land Monetization Timeline and Guarantees

Sky Gold has set a clear timeline for the proposed land sale, targeting completion within six months. The company has implemented additional safeguards to ensure execution certainty. In the unlikely event that the transaction is not concluded within the specified period, the promoter family has committed to acquiring the land, ensuring the company remains compensated for any opportunity cost.

Financial Impact and Borrowing Reduction

The strategic shift is expected to deliver significant financial benefits. With proceeds from the land monetization and improved operating cash flows anticipated in FY27, the company expects borrowings to reduce by over 20.00%. The increased utilization of Gold Metal Loans (GML) and other structured financing products is expected to further optimize funding costs.

Management Commentary on Strategic Vision

Mangesh Chauhan, Managing Director of Sky Gold & Diamonds, emphasized the strategic rationale behind this decision. He stated that the move reflects the company's intent to remain adaptive in a dynamic operating environment while sharpening its execution framework. The capital released will be strategically redeployed to strengthen operations and support the company's next phase of growth.

This strategic transformation positions Sky Gold & Diamonds for more responsive customer service, optimized resource deployment, and enhanced operational productivity while maintaining its target of achieving net debt-free status by FY30.