Sky Gold and Diamonds Limited will hold an investor meeting in London on June 8 and June 9, 2026. The interaction is part of the company's ongoing engagement with the investment community to discuss business developments.

The meeting will be conducted in person with analysts and investors. Management clarified that no unpublished price sensitive information (UPSI) will be shared, and discussions will rely on publicly available documents. The company noted that the schedule is subject to change due to exigencies on the part of the investors or the company.

The disclosure was made to the stock exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was signed by Mahendra Chauhan, Whole Time Director.

Meeting Details

Sky Gold and Diamonds Limited has initiated a postal ballot process to seek shareholder approval for the appointment of M/s. M S K A & Associates LLP as statutory auditors. This appointment is intended to fill the casual vacancy arising from the resignation of the previous auditor, M/s. V J Shah & Co., Chartered Accountants, effective May 8, 2026. The proposed auditor, M/s. M S K A & Associates LLP (Firm Registration No: 105047W/W101187), was recommended by the Audit Committee and approved by the Board at its meeting on May 9, 2026.

The company has engaged National Securities Depository Limited (NSDL) to facilitate the remote e-voting process. Shareholders registered as of the cut-off date, Friday, May 22, 2026, are eligible to participate. The voting period is scheduled to commence on Thursday, May 28, 2026, at 9:00 AM IST and conclude on Friday, June 26, 2026, at 5:00 PM IST. The results of the postal ballot are expected to be announced on or before June 28, 2026. The company has also published the postal ballot notice in newspapers, including Business Standard and Mumbai Lakshadeep, on May 28, 2026, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

The resolution proposes the appointment of M/s. M S K A & Associates LLP to hold office from the date of shareholder approval until the conclusion of the ensuing Annual General Meeting. The firm has confirmed its consent to act as statutory auditors and compliance with relevant provisions of the Companies Act, 2013. The Board has authorized the Executive Directors to take necessary steps to implement the resolution.

Key Voting and Event Dates

Remuneration and Rationale

The proposed remuneration for the statutory auditors is ₹81,00,000 for the audit of the company and its subsidiaries—Starmangalsutra Private Limited, Sparkling Chains Private Limited, and Speed Bangle Private Limited. This amount excludes applicable taxes and reimbursement of out-of-pocket expenses. The company noted that the proposed fee is higher than that paid to the outgoing auditors, attributing the increase to the enhanced scope and complexity of the audit, regulatory requirements, and market benchmarks.

Mr. Shivang Goyal, Proprietor of Shivang G Goyal & Associates, has been appointed as the Scrutiniser to oversee the e-voting process. The postal ballot notice and explanatory statement are available on the company’s website and the websites of BSE and NSE.