Golkunda diamonds & jewellery Limited has announced an Extraordinary General Meeting (EGM) scheduled for March 9, 2026, at 3:00 PM through video conferencing to consider a preferential issue of convertible warrants. The company seeks to raise ₹27.61 crores through this strategic capital raising initiative.

Warrant Issue Details

The company proposes to issue 12,90,000 convertible warrants on a preferential basis to entities other than promoters and promoter group members. Each warrant will be priced at ₹214, including a premium of ₹204 over the face value of ₹10 per share.

Fund Utilization

The proceeds from the preferential issue will be strategically deployed across three key areas to support the company's growth and operational requirements.

Key Allottees and Distribution

The warrant allocation spans 24 non-promoter entities, with the largest allocation going to Vimal Kishore Parwal HUF (2,85,000 warrants), followed by Fortune Bright Trading LLP and Shanti Gold International Limited (2,00,000 warrants each).

Major Allottees:

• Vimal Kishore Parwal HUF: 2,85,000 warrants (22.09%)
• Fortune Bright Trading LLP: 2,00,000 warrants (15.50%)
• Shanti Gold International Limited: 2,00,000 warrants (15.50%)
• Pankti Ankit Khokhani: 60,000 warrants (4.65%)
• Multiple smaller allocations: Ranging from 5,000 to 50,000 warrants

Pricing and Valuation Framework

The relevant date for pricing determination has been set as February 6, 2026. The minimum issue price of ₹213.40 was calculated based on SEBI ICDR Regulations, considering the higher of 90-day and 10-day volume weighted average prices. The final issue price of ₹214 represents a premium over the regulatory minimum.

Shareholding Impact

Post-conversion of all warrants, the promoter shareholding will decrease from 72.81% to 61.43%, while public shareholding will increase from 27.19% to 38.57%. The total issued capital will expand from 69.64 lakh shares to 82.54 lakh shares, representing an 18.52% increase.

Meeting and Voting Procedures

The EGM will be conducted exclusively through video conferencing in compliance with MCA and SEBI circulars. Remote e-voting will be available from March 6, 2026 (9:00 AM) to March 8, 2026 (5:00 PM) through NSDL's platform. The record date for determining voting eligibility has been set as March 2, 2026.

Key Dates:

• Record Date: March 2, 2026
• E-voting Period: March 6-8, 2026
• EGM Date: March 9, 2026
• Allotment Timeline: Within 15 days of resolution approval

Golkunda diamonds & jewellery Limited has announced a board meeting scheduled for February 12, 2026, to deliberate on fund raising proposals. The company informed the Bombay Stock Exchange on February 9, 2026, about this significant corporate development under Regulation 29 of SEBI (Listing Obligation and Disclosure Requirement) Regulations, 2015.

Board Meeting Agenda

The primary focus of the upcoming board meeting will be to consider and evaluate fund raising proposals through multiple financial instruments. The board will assess various funding mechanisms to support the company's growth objectives.

Fund Raising Instruments Under Consideration

The board will evaluate multiple funding options to determine the most suitable approach for capital mobilization. The company plans to explore various instruments and methods permitted under current regulations.

Proposed Funding Instruments:

• Equity shares issuance
• Warrants convertible into equity shares
• Combination of multiple instruments

Funding Methods Under Review:

• Preferential issue
• Private placements
• Rights issue
• Other permitted methods or combinations

All proposed funding mechanisms will comply with SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended, and require requisite approvals including shareholders and statutory approvals.

Trading Window Restrictions

In compliance with insider trading regulations, Golkunda Diamonds & Jewellery Limited has implemented trading window restrictions for designated persons and company insiders. This measure ensures adherence to SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal Code of Conduct.

Corporate Information

The company operates from its registered office at G-30, Gems & Jewellery Complex – III, SEEPZ, Andheri (East), Mumbai, with corporate office located at 601 and 603, SDF VIII, 5th Floor SEEPZ-SEZ, Andheri (East), Mumbai. Company Secretary Kopal Jain signed the regulatory filing on February 9, 2026, ensuring timely compliance with disclosure requirements.