Yaashvi Jewellers secures 9-year lease for new Chaksu showroom

1 min read     Updated on 05 Aug 2026, 03:03 PM
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Reviewed by
Ashish TScanX News Team
AI Summary

Yaashvi Jewellers Ltd has signed a nine-year lease for a 1,894 sq. ft. showroom in Chaksu, Jaipur, at a monthly rent of ₹1.8 lakh. The deal, disclosed under SEBI Regulation 30, marks an expansion into semi-urban markets with no related-party involvement.

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Yaashvi Jewellers has expanded its retail footprint by executing a lease deed for a new jewellery showroom in Chaksu, Jaipur. The company signed the agreement with Laduram Sharma on August 5, 2026, securing a 1,894 sq. ft. commercial property to operate a retail outlet in the region. This move supports the firm’s strategy to increase its physical presence in Rajasthan’s semi-urban markets.

The transaction was disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The lease deed was registered with the Sub-Registrar, SR Jaipur XII. Ankit Aggarwal, Whole-time Director of Yaashvi Jewellers, authorised the execution of the document on behalf of the company.

Lease Terms and Financials

The agreement outlines specific financial commitments and tenure details for the Chaksu location. The company will pay a monthly rent of ₹1,80,000, exclusive of applicable TDS and GST. The contract includes an annual escalation clause, increasing the rent by 5% after every 12 months. Yaashvi Jewellers also paid a security deposit of ₹5,40,000, equivalent to three months’ rent.

Particulars Details
Property Size 1,894 sq. ft. (177.25 sq. m.)
Monthly Rent ₹1,80,000 (exclusive of TDS/GST)
Rent Escalation 5% annually
Security Deposit ₹5,40,000
Lease Tenure 9 years (until June 30, 2035)
Lessor Laduram Sharma

The leased premises are located on the ground floor of Plot No. 14, Ward No. 19, Main Market, Chaksu, Tehsil Chaksu, District Jaipur, Rajasthan – 303901. The company confirmed that the lessor is not a related party, and the transaction does not constitute a related party transaction.

Strategic Implications

Establishing a showroom in Chaksu allows Yaashvi Jewellers to tap into a growing consumer base outside major metropolitan hubs. The nine-year lock-in period provides operational stability for the new outlet. The company stated that this expansion will have no material adverse effect on its operations, indicating that the rental outlay is manageable within its current financial framework. This addition complements its existing showrooms in Jagatpura and Gopal Ji Ka Rasta, Jaipur.

Historical Stock Returns for Yaashvi Jewellers

1 Day5 Days1 Month6 Months1 Year5 Years
+13.19%+26.85%-6.38%-1.81%-1.81%-1.81%

How does the 5% annual rent escalation in Chaksu compare to Yaashvi Jewellers' average rental costs across its existing Jaipur locations?

What is the projected timeline for the new Chaksu showroom to achieve break-even profitability given the semi-urban market dynamics?

Will this expansion in Rajasthan's semi-urban segment influence Yaashvi Jewellers' strategy for entering other tier-2 or tier-3 cities in India?

Yaashvi Jewellers appoints Naresh Swami & Co as secretarial auditor for FY2026-27

1 min read     Updated on 04 Aug 2026, 07:33 PM
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AI Summary

Yaashvi Jewellers Ltd appointed Naresh Swami & Co as secretarial auditors for FY2026-27 on August 4, 2026. The Board approved the move based on the Audit Committee's recommendation to ensure compliance with Section 204 of the Companies Act, 2013. CS Naresh Swami leads the peer-reviewed firm, which specializes in corporate laws and regulatory compliance.

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Yaashvi Jewellers has appointed Naresh Swami & Co as its secretarial auditors for the financial year 2026-27. The company’s Board of Directors approved the appointment on August 4, 2026, acting on the recommendation of the Audit Committee. This engagement ensures compliance with corporate governance norms under Section 204 of the Companies Act, 2013.

The appointment was formalized during a board meeting that commenced at 04:00 PM and concluded at 05:15 PM on August 4, 2026. The decision aligns with regulatory requirements under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Auditor Profile

Naresh Swami & Co is a peer-reviewed firm of practicing Company Secretaries. CS Naresh Swami, the Founder and Proprietor, brings over five years of post-qualification experience in Corporate Laws, Secretarial Practice, Taxation, Labour Laws, and Regulatory Compliance. He is an Associate Member of the Institute of Company Secretaries of India (ICSI) and holds an LL.B. degree. The firm advises startups, companies, LLPs, MSMEs, and other business entities on corporate, legal, and regulatory matters.

Particulars Details
Firm Name Naresh Swami & Co
FRN S2026RJ1065700
Appointment Date August 4, 2026
Term FY 2026-27
Regulatory Basis Section 204, Companies Act, 2013

The firm’s approach focuses on delivering practical, ethical, and result-oriented solutions to promote sound corporate governance and ensure regulatory compliance. There are no disclosed relationships between the directors of Yaashvi Jewellers Limited and the appointed secretarial auditors.

Historical Stock Returns for Yaashvi Jewellers

1 Day5 Days1 Month6 Months1 Year5 Years
+13.19%+26.85%-6.38%-1.81%-1.81%-1.81%

What specific corporate governance challenges is Yaashvi Jewellers aiming to address by appointing a peer-reviewed firm for the FY 2026-27 audit?

How might this appointment influence investor confidence in Yaashvi Jewellers' compliance and regulatory transparency ahead of the next financial reporting cycle?

Are there any pending regulatory observations or compliance gaps from previous years that this new secretarial auditor will be tasked with resolving?

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1 Year Returns:-1.81%