Khazanchi Jewellers gets in-principle approval for main board migration

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Reviewed by
Shraddha JScanX News Team
Key Highlights
  • Received in-principle approval from BSE and NSE for migration to Main Board
  • BSE approval dated September 11, 2026; NSE approval dated October 19, 2026
  • Approvals valid for 45 days subject to compliance with listing formalities
  • Must submit Final Information Memorandum and execute Listing Agreement
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Khazanchi Jewellers Limited has received in-principle approval from both BSE Limited and National Stock Exchange of India Limited (NSE) for migrating its equity shares from the BSE SME platform to their respective Main Boards.

The company disclosed this development under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The move marks a significant step in the jeweller's transition from the small and medium enterprises segment to the broader capital market segment, subject to final compliance formalities.

Approval details from exchanges

The BSE granted in-principle approval vide Reference No. LO\MIGRATION\PJ\IP\272\2026-2027 dated September 11, 2026. The application was considered by the Internal Regulatory Oversight and Review Group (IRORG) of the exchange. Separately, the NSE issued its approval vide Reference No. NSE/LIST/72 dated October 19, 2026. Both approvals are contingent upon the company completing specific listing formalities and submitting required documents.

Exchange Reference Number Date of Approval Validity Period
BSE Limited LO\MIGRATION\PJ\IP\272\2026-2027 September 11, 2026 45 days
NSE Limited NSE/LIST/72 October 19, 2026 45 days

Compliance requirements

To secure final listing and trading approval, Khazanchi Jewellers must submit a formal application for listing on the Main Board. The company is also required to file a Final Information Memorandum in the format prescribed under Section 26 of the Companies Act, 2013. This document must be updated as on the date of submission and certified by the Managing Director or Company Secretary.

Further conditions include:

  • Execution of the Listing Agreement and compliance with SEBI LODR Regulations, 2015.
  • Submission of the latest shareholding pattern in the prescribed SEBI format.
  • Payment of applicable Initial Listing Fee, Annual Listing Fee, and taxes.
  • Provision of any additional clarifications or undertakings requested by the exchanges.

Upon migration to the Main Board, all applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, including those related to corporate governance, will become effective from the date trading commences on the Main Board. The in-principle approvals remain valid for a period of 45 days from the respective dates of issuance.

Historical Stock Returns for Khazanchi Jewellers

1 Day5 Days1 Month6 Months1 Year5 Years
-3.57%+0.63%-3.04%+2.92%+14.20%+378.58%

How will the migration to the Main Board impact Khazanchi Jewellers' liquidity and trading volumes compared to its SME platform performance?

What specific corporate governance upgrades is the company implementing to meet the stricter SEBI LODR requirements on the Main Board?

Does the company plan to utilize the enhanced visibility from Main Board listing to raise additional capital for expansion or debt reduction?

Khazanchi Jewellers holds investor meet with Girik Capital on Sep 29

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Reviewed by
Naman SScanX News Team
Key Highlights
  • Khazanchi Jewellers held a virtual meeting with Girik Capital on September 29, 2026
  • Interaction lasted from 2:05 pm to 3:00 pm via video conference
  • No Unpublished Price Sensitive Information (UPSI) was shared during the Q&A session
  • Outcome disclosure filed with BSE on September 30, 2026
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Khazanchi Jewellers Limited completed its scheduled one-on-one virtual meeting with Girik Capital on September 29, 2026. The engagement, which took place from 2:05 pm to 3:00 pm, was conducted via video conference and involved representatives Chintan Shah and Pritam Shah from the investment firm.

The company filed an outcome disclosure with the BSE on September 30, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Sakshi Jain, Company Secretary and Compliance Officer, signed the intimation confirming the details of the interaction.

Meeting Details and Format

The management clarified that the session followed a Question-and-Answer format. No formal presentation was delivered by company officials during the call. Crucially, the company stated that no Unpublished Price Sensitive Information (UPSI) was shared with the investors or analysts during this or any other recent interactions.

Date Time Counterparty Participants Mode
Tuesday, September 29, 2026 2:05 pm - 3:00 pm Girik Capital Chintan Shah, Pritam Shah Virtual Meeting

Regulatory Compliance and Prior Engagements

This disclosure serves as the outcome report for the meeting previously announced in an intimation dated September 24, 2026. The company had earlier scheduled two separate virtual engagements for late September 2026. The first was participation in the Arihant Bharat Connect Conference on September 25, and the second was the targeted institutional interaction with Girik Capital on September 29.

Both scheduled events were subject to change due to exigencies on the part of analysts, investors, or the company. As per standard compliance guidelines noted in previous disclosures, discussions were based solely on generally available information.

Historical Stock Returns for Khazanchi Jewellers

1 Day5 Days1 Month6 Months1 Year5 Years
-3.57%+0.63%-3.04%+2.92%+14.20%+378.58%

How might the insights gained from the Girik Capital interaction influence Khazanchi Jewellers' upcoming quarterly guidance?

Will Khazanchi Jewellers announce any strategic partnerships or expansion plans following this institutional engagement?

What impact could this meeting have on analyst coverage or price target revisions for Khazanchi Jewellers in the near term?

More News on Khazanchi Jewellers

1 Year Returns:+14.20%