Sun Retail Limited has scheduled a board meeting for September 8, 2026, to consider a fundraising via preferential issue. The directors will also approve the annual report for FY26.

The meeting is set to take place at the company’s registered office in Ahmedabad. The agenda includes transacting business related to the issuance of shares or securities, subject to necessary statutory approvals and member consent.

Board Agenda Details

The Board of Directors will address several key items during the session:

• Approve the fundraising through a preferential issue of shares or securities.
• Consider and approve the Board’s Report along with its annexures for the financial year 2025-2026.
• Approve the 19th Annual Report of the company.
• Fix the date, time, and venue for the 19th Annual General Meeting (AGM).

The move follows intimation under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sanjay Patil, Managing Director, signed the notice dated September 3, 2026.

Sun Retail appointed Sanjay Patil as Managing Director and Bharatbhai Kanjibhai Patel as Additional Director on August 27, 2026. The board approved the changes during a meeting held that evening. Both appointments require shareholder approval at the upcoming Annual General Meeting.

Leadership Changes

The board designated Mr. Patil first as an Additional Director before appointing him to the role of Managing Director. His term lasts five years starting from August 27, 2026. Mr. Patel joins as an Additional Non-Executive Non-Independent Director with effect from the same date.

Appointee Profiles

Mr. Patil brings extensive experience in jewellery manufacturing. He has expertise in gold jewellery production, quality control, and manufacturing techniques including handmade and casting methods. He previously held senior roles in quality control and production at Culture Antique Jewellery Pvt. Ltd., Orna Jewels, Fame Jewels Pvt. Ltd., Abhishek Zaveri, and Forever Precious Jewellery & Diamond Ltd.

Mr. Patel is an experienced business owner specializing in grocery store operations. His expertise covers inventory management, procurement, and customer service. He focuses on managing suppliers, maintaining optimal stock levels, and ensuring efficient day-to-day operations.

Regulatory Disclosures

The company disclosed these appointments pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing references Schedule III of the Listing Regulations and SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015.

Neither appointee holds any inter-se relations with other members of the board. The company confirmed that neither director is debarred from holding office by virtue of any SEBI order or other authority.