Sky Gold and Diamonds Limited has notified BSE Limited and the National Stock Exchange of India Limited of an upcoming Board of Directors meeting, scheduled for Wednesday, 27th May 2026. The intimation was filed on 15th May 2026 by Managing Director Mangesh Chauhan, in accordance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Agenda

The board meeting has been convened to address key financial reporting obligations for the concluded fiscal year. The following matters are on the agenda:

• Consideration and approval of the Audited Standalone and Consolidated Financial Results for the quarter and year ended 31st March 2026
• Taking on record the Auditor's Report on the Standalone and Consolidated Financial Results

The table below summarises the key details of the scheduled meeting:

Trading Window Closure

In compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, including amendments thereto, the trading window for dealing in the company's shares has been closed. The closure will remain in effect until 48 hours after the declaration of the Audited Standalone and Consolidated Financial Results along with the Auditor's Report for the quarter and year ended 31st March 2026.

The company, formerly known as Sky Gold Limited, has requested both exchanges to take the intimation on record and disseminate the information on their respective websites.

Sky Gold and Diamonds Limited has announced the appointment of M/s. M S K A & Associates LLP (Firm Registration No: 105047W/W101187), Chartered Accountants and a member firm of BDO International, as its new statutory auditor. This decision was made during a Board meeting held on May 9, 2026, commencing at 01:15 PM IST and concluding at 04:30 PM IST, following the recommendation of the Audit Committee, to fill the casual vacancy arising from the resignation of the previous auditor, M/s V J Shah & Co. The appointment is effective from May 9, 2026, and will remain in force until the conclusion of the ensuing Annual General Meeting for the financial year ending 2025–26, subject to member approval.

Scope of Appointment

The new appointment covers the listed entity as well as its subsidiaries to ensure consistency across the group. The Board of Directors for the subsidiary companies also approved the appointment of M/s. M S K A & Associates LLP to fill the casual vacancies created by the stepping down of M/s V J Shah & Co. The following table summarises the scope of the appointment across all group entities:

Profile of the New Auditor

M/s. M S K A & Associates LLP (formerly known as M S K A & Associates) is an Indian limited liability partnership firm established in 1978. The firm is registered with the Institute of Chartered Accountants of India (ICAI) and the PCAOB (US Public Company Accountancy Oversight Board), and is a member firm of BDO International. It operates across 12 cities in India, including Mumbai, Gurugram, Chandigarh, Kolkata, Ahmedabad, Chennai, Goa, Pune, Bengaluru, Kochi, Hyderabad, and Coimbatore, and holds a valid peer review certificate. The firm primarily provides audit and assurance services, tax, and advisory services, with significant experience across various industries, markets, and geographies.

Context of Resignation

The appointment follows the resignation of M/s V J Shah & Co., effective May 8, 2026. The outgoing auditor cited a material and significant increase in the scope of the statutory audit as the reason for their departure. This included the acquisition of two additional subsidiaries by Sky Gold and Diamonds Limited, which enlarged the consolidated group structure. The outgoing auditor confirmed there were no disagreements with management or concerns regarding the integrity of financial records.

Management Commentary

Commenting on the development, Mangesh Chauhan, Managing Director of Sky Gold and Diamonds, said: "As Sky Gold enters its next phase of growth, strengthening governance standards and building a robust institutional framework remain key priorities for the Company. The appointment of M S K A & Associates LLP, Chartered Accountants, a member firm of BDO International, reflects our commitment towards adopting global best practices in financial reporting, compliance, and governance. We believe this step will further enhance stakeholder confidence and support the Company's long-term growth vision, as we continually aspire to build an organization that serves as the benchmark for excellence in corporate governance."

About Sky Gold and Diamonds Limited

Established in 2008 and headquartered in Mumbai, Sky Gold and Diamonds Limited is one of India's fastest-growing B2B jewellery manufacturers, specialising in lightweight, design-led and studded jewellery. With 150+ designers, 1,30,000 sq. ft. of manufacturing space, and a design library of 900,000+ SKUs, the company serves India's leading jewellery retailers and is expanding into global markets.

Regulatory Compliance

The disclosures regarding the new appointment were made to BSE Limited and the National Stock Exchange of India Limited in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting was held at the Registered Office of the Company, and the outcome has been made available on the company's website at www.skygold.co.in .