Darshan Orna Limited , a company listed on the Bombay Stock Exchange (BSE: 539884), has announced significant changes to its corporate structure and governance. The Board of Directors, in a meeting held on September 4, 2025, approved several key decisions that will shape the company's future.

Authorized Share Capital Increase

The Board has approved a proposal to double the company's authorized share capital, subject to shareholder approval at the upcoming Annual General Meeting (AGM). The authorized share capital is set to increase from Rs. 10.01 crore to Rs. 20.20 crore. This expansion will be achieved by doubling the number of equity shares from 5.005 crore to 10.10 crore, with each share maintaining a face value of Rs. 2.00.

Appointment of New Auditors

Darshan Orna Limited has approved the appointment of new auditors for a five-year term, starting from the financial year 2025-26 to 2029-30. These appointments are subject to shareholder approval at the AGM.

Statutory Auditors

M/s. Shah Karia & Associates (ICAI Firm Registration No. 131546W), Chartered Accountants, have been selected as the new statutory auditors. Established in 2010, the firm offers a wide range of services including assurance, risk management, transaction advisory, tax and legal services, and business process outsourcing.

Secretarial Auditors

M/s. Neelam Somani & Associates, Practicing Company Secretaries, have been appointed as the new secretarial auditors. The firm brings over 10 years of post-qualification experience in secretarial and legal matters, with expertise in SEBI regulations, stock exchange listing agreements, FEMA, and company law.

Annual General Meeting

The company has scheduled its 14th Annual General Meeting for September 27, 2025, at 11:30 a.m. The AGM will be conducted through Video Conferencing / Other Audio-Visual Means, adhering to the guidelines issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India.

Financial Reporting

The Board has also approved the Notice, Annual Report, and Director's Report for the Financial Year 2024-2025. These documents will be made available to shareholders as part of the AGM proceedings.

These strategic decisions reflect Darshan Orna Limited's commitment to growth and corporate governance. The increase in authorized share capital could potentially provide the company with greater flexibility for future fundraising or corporate actions, while the appointment of new auditors aims to ensure continued transparency and compliance in financial reporting.

Shareholders will have the opportunity to vote on these significant changes at the upcoming AGM, marking a pivotal moment in the company's corporate journey.

Darshan Orna Limited , a prominent player in the ornaments industry, has reported a significant boost in its financial performance for the first quarter. The company's board of directors approved the unaudited standalone financial results for the quarter ended June 30, revealing impressive growth in both revenue and profitability.

Financial Highlights

• Net Profit: ₹21.48 crore vs ₹10.33 crore, up 108%
• Revenue from Operations: ₹1,478.24 crore vs ₹841.74 crore, up 76%
• Earnings Per Share (EPS): ₹0.04 vs ₹0.02, doubled

Key Performance Indicators

Darshan Orna Limited demonstrated robust growth across key financial metrics:

Operational Performance

The company's operational efficiency is evident from its ability to manage expenses while significantly increasing revenue. The cost of materials consumed rose to ₹624.95 crore, reflecting the increased scale of operations.

Corporate Governance

In compliance with regulatory requirements, Darshan Orna Limited's board meeting commenced at 12:30 PM and concluded at 01:10 PM. The company has adhered to the SEBI regulations by closing the trading window from July 1, which will remain closed until 48 hours after the declaration of these financial results.

Auditor's Review

AKGVG & Associates, Chartered Accountants, conducted a limited review of the quarterly financial results. They reported no material misstatements in the financial information prepared in accordance with applicable accounting standards and SEBI regulations.

Outlook

While the company has not provided specific forward-looking statements, the substantial year-on-year growth in both revenue and profitability suggests a positive trajectory for Darshan Orna Limited in the ornaments sector.

Investors and stakeholders can access more detailed information about these financial results on the company's website at www.darshanorna.co.in .

Note: All figures are based on standalone financial results for the quarter ended June 30.