Bhakti Gems & Jewellery Limited has successfully completed the appointment of three new directors through postal ballot results declared on January 8, 2026. The company informed BSE Limited about these material events pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Director Appointments Overview

The postal ballot process resulted in the approval of three key appointments to strengthen the company's board structure:

Independent Director Appointment

Mr. Manoharbhai B. Chunara brings significant expertise in corporate governance and regulatory compliance to his role as Independent Director. A Commerce graduate and Company Secretary, Mr. Chunara specializes in ensuring companies operate within statutory and legal frameworks. His professional background includes maintaining high standards of transparency, accountability, and legal integrity.

Mr. Chunara currently serves as Independent Director on the boards of:

• Darshan Orna Limited (CIN: L36910GJ2011PLC063745)
• Veeram Securities Limited (CIN: L46498GJ2011PLC064964)

Executive Director Appointments

Mr. Dhaval Deepak Shah contributes over 15 years of expertise in the gems and jewelry industry. His extensive experience encompasses gemstone knowledge, market trend analysis, and industry best practices. His appointment is expected to support the company's efforts in sourcing high-quality materials, enhancing product offerings, and strengthening stakeholder relationships. His strategic insights will focus on driving innovation, improving operational efficiencies, and ensuring quality control standards.

Mr. Saurabh Mahendra Shah brings specialized experience in gold and silver markets. His expertise includes market analysis, investment strategies, and risk management. Mr. Shah currently serves as a director of Suvarna Nagari Jewels Private Limited (CIN: U32111GJ2023PTC146440). His leadership and strategic vision are expected to contribute to the company's growth initiatives.

Regulatory Compliance

The company confirmed that all three appointed directors are not debarred from holding directorship positions by SEBI or any other regulatory authority. The appointments were processed in accordance with SEBI Listing Regulations and related circulars, with detailed disclosures provided as required under regulatory frameworks.

The postal ballot results formalize the regularization of these appointments, which were initially made as Additional Director positions subject to shareholder approval. This governance structure enhancement reflects the company's commitment to strengthening its board composition with experienced professionals from relevant industry sectors.

Bhakti Gems & Jewellery Limited has announced significant corporate changes following shareholder approval through a postal ballot process. The company informed BSE Limited on January 8, 2026, about the successful completion of the voting process that resulted in key alterations to its corporate structure.

Shareholder Approval Through Postal Ballot

The company sought approval from its members through ordinary and special resolutions via a postal ballot process using remote e-voting mode. The notice for this postal ballot was issued on December 5, 2025, in compliance with Regulation 30 read with Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Corporate Changes Approved

Shareholders approved two major changes to the company's corporate structure:

Documentation and Legal Framework

The approved name change will necessitate comprehensive updates to the company's legal documentation. The Name Clause of the Memorandum of Association will be altered and substituted with the new company name. Similarly, the Articles of Association will be modified by replacing all instances of the existing company name with 'Guru Krupa Gems And Jewellery Limited'.

The company has confirmed that as a result of these changes, the Memorandum of Association (MOA), Articles of Association (AOA), and other charter documents will be amended accordingly to reflect the new corporate identity.

Regulatory Compliance

The announcement was made in accordance with regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Managing Director Akshay S Mehta, with DIN 02986761, signed the communication to BSE Limited, ensuring proper disclosure of these material changes to stakeholders.

The company, currently trading under BSE scrip code 540545, will need to update its corporate identity across all platforms and documentation following the completion of the legal formalities for the name change.