Sparkle Gold Rock Limited held its Annual General Meeting on September 30, 2026, via Video Conferencing. The meeting focused on the adoption of FY26 financial statements and the appointment of new statutory auditors.

The company, formerly known as Sree Jayalakshmi Autospin Limited, convened the meeting at 12:30 pm IST. Compliance Officer Mansha Ghiya oversaw the proceedings, ensuring all resolutions were voted on through remote e-voting facilities provided to members.

Key Agenda Items Transacted

Seven resolutions were placed before the shareholders for approval. The ordinary business items included the adoption of the audited financial statements for the year ended March 31, 2026, and the appointment of M/s Dhadda and Associates as Statutory Auditors. Additionally, Mrs. Sarita Devi Sharma was proposed for re-appointment as Managing Director upon her retirement by rotation.

Special business items covered significant corporate actions. These included the approval of material related party transactions with Sparkle Gold Rock Mines Private Limited, the appointment of an Independent Director, and an increase in authorized share capital. The board also sought approval for borrowing limits under Section 180(1)(c) of the Companies Act, 2013.

Resolution Status

Procedural Details

The requisite quorum was present, allowing the Chairman to call the meeting to order. The Notice of the AGM was taken as read, having been previously circulated to members. Representatives from the Secretarial Auditors and the Audit Committee were also in attendance.

All resolution results are currently awaited from the scrutinizer. The meeting concluded at 12:59 pm IST.

Sparkle Gold Rock Limited has scheduled its 35th Annual General Meeting (AGM) for September 30, 2026. The meeting will be held via Video Conferencing or Other Audio-Visual Means (OAVM) starting at 12:30 pm.

The company, formerly known as Sree Jayalakshmi Autospin Limited, operates in the gold, bullion, and jewellery sector. Its registered office is located in Jaipur, Rajasthan.

Key Resolutions

The agenda features several key corporate actions approved by the Board on September 4, 2026, including a significant increase in authorised share capital and the appointment of a new independent director.

Capital and Borrowing Structure

The company seeks shareholder approval to increase its authorised share capital from ₹20 crore (2 crore equity shares of ₹10 each) to ₹2,020 crore (202 crore equity shares). This move is intended to accommodate future expansion plans, acquisitions, and business partnerships.

Additionally, the Board proposes a borrowing limit of ₹100 crore. This comprises ₹60 crore for fund-based facilities and ₹40 crore for non-fund-based facilities, excluding temporary loans obtained in the ordinary course of business.

Related Party Transactions

Shareholders will approve material related party transactions with Sparkle Gold Mines Private Limited. The proposed transactions involve the sale and purchase of bullion, gems, jewellery, and metals. The aggregate value is capped at ₹1,000 crore annually from FY27 until the next AGM.

Mrs. Sarita Devi Sharma and Ms. Lakshita Sharma, directors of Sparkle Gold Rock, are also board members of Sparkle Gold Mines. Consequently, they and CEO Mr. Om Prakash Sharma will abstain from voting on this resolution.

Director Appointments

Ms. Durga Pallavi Tekumalla (DIN: 03257941) will be appointed as an Additional Non-Executive Independent Director effective September 4, 2026. She holds a Master's degree in Law and is a qualified Company Secretary with over 18 years of experience in corporate compliance.

She has been included in two key committees:

• Nomination and Remuneration Committee: Member alongside Chairman Manuj Agarwal and Manisha Godara.
• Audit Committee: Member alongside Chairman Manuj Agarwal, Manisha Godara, and Lakshita Sharma.

E-Voting and Logistics

Remote e-voting will be available from September 26, 2026, at 9:00 am to September 29, 2026, at 5:00 pm. The record date for determining eligible shareholders is September 24, 2026. Ms. Megha Khandelwal, Practicing Company Secretary, has been appointed as the scrutinizer.