Uday Jewellery Industries Limited has appointed M/s. Aheer & Associates, Chartered Accountants, as its internal auditor for the financial year 2026-27. The Board of Directors approved the appointment at its meeting held on May 28, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015.

Appointment Details

M/s. Aheer & Associates, a Hyderabad-based firm, will serve as the internal auditor for the company. The firm's registration number is 018280S. The appointment is effective for the financial year 2026-27.

Regulatory Filing

The intimation regarding the change in management was submitted to BSE Limited. The filing was made by Sanjay Kumar Sanghi, Managing Director (Corporate Affairs), on May 28, 2026. The company's BSE scrip code is 539518.

Uday Jewellery Industries Limited has issued a Postal Ballot Notice dated April 22, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice, signed by Company Secretary and Compliance Officer Riya Jindal on May 11, 2026, was electronically dispatched to all members whose names appear in the Register of Members or List of Beneficial Owners as on the cut-off date of Friday, May 08, 2026. Subsequently, in compliance with Regulation 30 and 47 of the SEBI Listing Regulations, the company published newspaper advertisements in the Financial Express (English) and Namaste Telangana (Telugu) on May 12, 2026, intimating members of the Postal Ballot Notice dispatch and remote e-voting information. Voting is restricted exclusively to remote e-voting through Central Depository Services (India) Limited (CDSL), in compliance with applicable MCA Circulars, including the latest circular No. 03/2025 dated September 22, 2025.

Remote e-Voting Schedule

The remote e-voting facility will be available during the following period, after which the e-voting module will be disabled by CDSL. Once a vote is cast, it cannot be subsequently changed.

Special Business Items

The Postal Ballot Notice places five resolutions before the members for approval. Four resolutions are proposed as Ordinary Resolutions and one as a Special Resolution. All resolutions, if passed by the requisite majority, shall be deemed to have been passed on June 14, 2026.

Item No. 1: Appointment of Shri. Sanjay Kumar Sanghi as Chairman and Managing Director (Corporate Affairs)

The Board of Directors, based on the recommendation of the Nomination and Remuneration Committee at its meeting held on April 22, 2026, has approved the appointment of Shri. Sanjay Kumar Sanghi (DIN: 00629693) as Chairman and Managing Director (Corporate Affairs) for a period of 5 (Five) years with effect from April 22, 2026, subject to member approval. Shri. Sanghi possesses 36 years of experience in corporate affairs, management, and business operations. His proposed monthly remuneration is as follows:

Item No. 2: Change in Designation of Shri. Ritesh Kumar Sanghi

The Board has approved the change in designation of Shri. Ritesh Kumar Sanghi (DIN: 00628033) from Managing Director to Joint Managing Director (Operations) with effect from April 22, 2026, without any change in the terms and conditions of his appointment, including remuneration. The proposed change is aimed at strengthening the operational leadership structure of the Company.

Item No. 3 & 4: Regularization and Appointment of Mrs. Bhavna Sanghi as Whole-Time Director

The Board appointed Mrs. Bhavna Sanghi (DIN: 02681438) as an Additional Director with effect from April 22, 2026. The Postal Ballot seeks member approval for her regularization as Director (Item No. 3) and her appointment as Whole-Time Director (Item No. 4) for a period of 5 (Five) years from April 22, 2026 to April 21, 2031. Her proposed monthly remuneration is as follows:

Item No. 5: Regularization of Ms. Donthineni Srilekha as Non-Executive Independent Director (Special Resolution)

The Board appointed Ms. Donthineni Srilekha (DIN: 11672235) as an Additional Director in the capacity of Independent Director with effect from April 22, 2026. Member approval is sought for her appointment as a Non-Executive Independent Director for a term of 5 (five) consecutive years from April 22, 2026. Ms. Srilekha is a qualified Company Secretary and practicing Advocate with experience in corporate law, regulatory compliance, and litigation before the High Court of Telangana and the National Company Law Tribunal (NCLT). She is also a certified Independent Director from the Indian Institute of Corporate Affairs (IICA). She shall be entitled to sitting fees of ₹1,50,000 per annum.

Director Profiles at a Glance

The following table summarizes key details of the directors proposed for appointment or designation change, as disclosed in the annexure to the Postal Ballot Notice:

Voting Results and Disclosure

The Scrutinizer, CS. Ajay Suman Shrivastava, will submit his report to the Chairman of the Company after completion of scrutiny of electronically cast votes. Results will be announced on or before June 16, 2026, within 48 hours from the date of completion of e-voting. The voting results along with the Scrutinizer's Report will be published on the Company's website at www.udayjewellery.com , communicated to BSE Limited, and posted on the CDSL website at www.evotingindia.com . Members with queries may contact Bigshare Services Private Limited, the Company's Registrar and Share Transfer Agent, or reach CDSL's helpdesk at helpdesk.evoting@cdslindia.com , call 022-23058542/43, or toll-free number 1800 22 55 33022.