Bhakti gems & jewellery Limited has successfully completed its postal ballot process, with shareholders providing overwhelming approval for seven critical corporate resolutions. The voting results, announced on January 8, 2026, demonstrate strong shareholder confidence with 99.99% votes cast in favor of all proposed resolutions.

Key Resolutions Approved

The postal ballot covered seven significant corporate decisions that will shape the company's future operations and governance structure. The resolutions encompassed auditor appointments, corporate restructuring, capital enhancement, and leadership changes.

Director Appointments

Shareholders approved the appointment of three new directors to strengthen the company's leadership team:

• Mr. Manoharbhai B. Chunara (DIN: 07280916) as Non-Executive Independent Director through Special Resolution
• Mr. Dhaval Deepakkumar Shah (DIN: 11389375) as Executive Director through Ordinary Resolution
• Mr. Saurabh Mahendra Shah (DIN: 10402359) as Executive Director through Ordinary Resolution

Voting Process and Results

The remote e-voting facility remained operational from 9:00 AM on December 9, 2025, until 5:00 PM on January 7, 2026. The voting was conducted through National Securities Depository Limited (NSDL) platform, ensuring secure and transparent participation.

Scrutinizer and Compliance

Ms. Neelam Rathi (Membership No. 10993, PCS: 12454) from M/s. Neelam Somani & Associates, Practicing Company Secretaries, Ahmedabad, served as the scrutinizer for the postal ballot process. The scrutinizer submitted the final report on January 8, 2026, confirming that all resolutions were passed with requisite majority.

The postal ballot notice dated December 5, 2025, was dispatched electronically to members as per the register maintained by Skyline Financial Services Private Limited, the company's Registrar and Share Transfer Agent. The company also published newspaper advertisements in Business Standard (English) and Jai Hind (Gujarati) on December 6, 2025, ensuring comprehensive communication to all stakeholders.

Corporate Impact

The approved resolutions represent significant corporate developments for Bhakti Gems and Jewellery Limited. The appointment of new statutory auditors ensures continued compliance and financial oversight, while the proposed name change and capital structure modifications indicate strategic repositioning. The addition of three directors, including an independent director, strengthens corporate governance and operational leadership capabilities.

Bhakti Gems and Jewellery Limited has successfully completed its postal ballot process, with shareholders approving all seven proposed resolutions with overwhelming majority support. The company announced the voting results on January 8th, 2026, following the scrutinizer's report submission.

Postal Ballot Process Overview

The postal ballot notice was issued on December 5th, 2025, seeking shareholder approval through remote e-voting mode for seven critical corporate matters. The voting process remained open from 9:00 AM on December 9th, 2025, to 5:00 PM on January 7th, 2026, conducted through the National Securities Depository Limited (NSDL) platform.

Approved Resolutions

Shareholders approved seven key resolutions covering auditor appointment, corporate restructuring, and leadership changes:

Ordinary Resolutions Approved:

• Appointment of M/s. Shah Karia & Associates as Statutory Auditors of the Company
• Increase in Authorized Share Capital and alteration of Capital Clause of Memorandum of Association
• Appointment of Mr. Dhaval Deepakkumar Shah (DIN: 11389375) as Executive Director
• Appointment of Mr. Saurabh Mahendra Shah (DIN: 10402359) as Executive Director

Special Resolutions Approved:

• Company Name Change and consequential amendment to Memorandum and Articles of Association
• Appointment of Mr. Manoharbhai B. Chunara (DIN: 07280916) as Non-Executive Independent Director
• Issuance of 32,00,000 equity shares to public (non-promoter) on preferential basis

Voting Results Summary

The voting results demonstrated strong shareholder support across all resolutions. For the auditor appointment resolution, which serves as a representative example of the voting pattern:

Corporate Governance and Compliance

The postal ballot process was conducted in strict compliance with Sections 108 and 110 of the Companies Act, 2013, and Regulation 44 of SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015. Ms. Neelam Rathi from M/s. Neelam Somani & Associates, Practicing Company Secretaries, served as the appointed scrutinizer for the process.

The company published newspaper advertisements in Business Standard (English) and Jai Hind (Gujarati) on December 6th, 2025, regarding the postal ballot notice dispatch. The electronic notice was sent to all eligible shareholders as per the register of members maintained by Skyline Financial Services Private Limited, the company's Registrar and Share Transfer Agent.

Strategic Implications

The approved resolutions position the company for significant organizational changes, including new auditor appointment, enhanced capital structure, strengthened board composition with additional executive and independent directors, and expanded equity base through preferential share issuance to non-promoter investors. The unanimous shareholder support reflects confidence in the company's strategic direction and governance initiatives.