Narbada gems & jewellery Limited has officially declared February 27, 2026 as the record date for its amalgamation scheme with Uday Jewellery Industries Limited. The company made this disclosure to BSE Limited under Regulations 30 and 42 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, following its board meeting held on February 12, 2026.

Record Date Declaration

The board of directors has fixed Friday, February 27, 2026 as the record date in consultation with the board of directors of the transferee company. This date will determine eligible shareholders of Narbada Gems who will receive equity shares of Uday Jewellery Industries Limited according to the approved amalgamation scheme.

NCLT Order Implementation

The board meeting addressed several critical aspects of the amalgamation scheme implementation. The company received the certified copy of the NCLT order sanctioning the scheme on February 10, 2026, following the tribunal's approval on January 21, 2026. The Hon'ble National Company Law Tribunal, Hyderabad bench had sanctioned the scheme under sections 230-232 of the Companies Act, 2013.

Board Meeting Outcomes

The board meeting considered and took note of multiple important matters related to the amalgamation process. Key decisions included the receipt of certified copies of the NCLT order, proposed filing with the Registrar of Companies, and the formal declaration of the record date for shareholder identification. The Managing Director Sanjay Kumar Sanghi communicated these developments through the official disclosure letter.

Regulatory Compliance

Narbada Gems has communicated these developments to relevant regulatory bodies and depositories. The disclosure was made to BSE Limited, with copies sent to National Securities Depository Limited, Central Depository Services (India) Limited, and CIL Securities Limited as the Registrar and Transfer Agent.

Narbada gems & jewellery Limited has delivered robust financial performance for the quarter ended December 31, 2025, demonstrating strong growth across key metrics. The jewelry company's results showcase sustained momentum in both quarterly and nine-month performance periods.

Quarterly Financial Performance

The company's Q3FY26 results reflect solid operational execution with notable improvements in profitability metrics. Revenue growth remained steady while profit margins expanded significantly during the quarter.

Nine-Month Performance Highlights

The company's nine-month performance for the period ended December 31, 2025, demonstrates exceptional growth momentum with significant improvements across all financial parameters.

Sequential Quarter Analysis

Comparing Q3FY26 with the previous quarter Q2FY26, the company experienced some moderation in performance metrics. Total income decreased from ₹2633.61 lakhs in Q2FY26 to ₹2255.34 lakhs in Q3FY26. Net profit after tax also declined from ₹299.52 lakhs to ₹183.17 lakhs sequentially, while earnings per share reduced from ₹1.42 to ₹0.87.

Corporate Governance and Compliance

The unaudited financial results were reviewed by the Audit Committee and subsequently approved by the Board of Directors in their respective meetings held on February 3, 2026. The company published these results in The Financial Express (English) and Namasthe Telangana (Telugu) newspapers on February 4, 2026, ensuring compliance with Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Financial Metrics

The company maintains a stable equity share capital of ₹2115.73 lakhs throughout all reported periods. The statutory auditors conducted a limited review of the results and issued an unmodified opinion, confirming the reliability of the financial statements. The company operates as a single segment business under the guidance of its Chairman and Managing Director, who serves as the Chief Operating Decision Maker as defined by IND AS 108.