Sky Gold & Diamonds has scheduled its 18th Annual General Meeting for September 30, 2026, while also proposing the appointment of M S K A & Associates LLP as its statutory auditor for the next five years. The Board approved these measures during its meeting on September 5, 2026.

The AGM will be conducted via Video Conferencing or Other Audio-Visual Means in compliance with Ministry of Corporate Affairs and SEBI circulars. The cut-off date for determining eligible members is set for September 23, 2026.

Auditor Appointment Details

The Board approved the appointment of M S K A & Associates LLP (formerly M S K A & Associates) as Statutory Auditor. The firm holds Firm Registration Number 105047W/W101187 and is registered with both the Institute of Chartered Accountants of India and the US Public Company Accountancy Oversight Board.

The audit firm, established in 1978, operates across 12 Indian cities including Mumbai, Gurugram, and Bengaluru. It provides audit, assurance, tax, and advisory services. The source confirms no relationship exists between the firm and the company’s directors.

Meeting Logistics

The Board meeting commenced at 11:00 am and concluded at 11:57 am on September 5, 2026, in Navi Mumbai. Mangesh Chauhan, Managing Director, signed the disclosure. The Annual Report for FY26, including standalone and consolidated audited financial statements, will be sent electronically to registered members.

E-voting and Shareholder Communication

Pursuant to Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company issued letters to shareholders who have not registered email addresses. These letters provide a weblink and QR code to access the Annual Report on the company’s website.

E-voting for the AGM is scheduled from September 27, 2026, at 9:00 am until September 29, 2026, at 5:00 pm. The cut-off date for e-voting eligibility is September 23, 2026.

Sky Gold & Diamonds submitted its Business Responsibility and Sustainability Report (BRSR) for FY26 to the BSE and NSE on September 5, 2026. The filing covers standalone operations and outlines governance, environmental, and social disclosures.

Governance and Operations

The company operates as a B2B jewellery manufacturer, serving chain stores and wholesalers across four Indian states. Exports account for 13% of total turnover, while domestic sales comprise the remaining 87%. The firm maintains a paid-up capital of ₹1,548.7 crore.

Sky Gold & Diamonds has constituted an ESG Committee chaired by Managing Director Mangesh Chauhan to oversee sustainability initiatives. The Board reviews policy performance annually, while the ESG Committee conducts compliance checks twice a year.

Employee Metrics

The workforce consists of 375 permanent employees and 506 permanent workers. Female representation stands at 9% among employees and 6% among workers. The total turnover rate for permanent employees was 17% in FY26, unchanged from the previous year.

Health insurance coverage reached 38% of employees and 65% of workers. All staff received training on human rights policies.

Environmental Data

Total energy consumption rose to 24,36,855 units in FY26 from 20,52,759 in FY25. Renewable sources contributed 17,66,009 units, while non-renewable sources accounted for 6,70,846 units. Water withdrawal increased to 17,788 kilolitres from 10,967 kilolitres the prior year.

Energy intensity per rupee of turnover fell to 0.000052 from 0.000070, indicating improved efficiency relative to revenue generation.

What the Numbers Show

A divergence exists between rising resource consumption and improving efficiency metrics. While total energy use grew by approximately 18% and water withdrawal surged by over 62%, energy intensity per rupee of turnover declined. This suggests revenue growth outpaced the increase in energy inputs during the period.