Deep Diamond Limited, a prominent player in the diamond industry, held its 31st Annual General Meeting (AGM) on September 23, 2025, marking significant changes in its leadership and compliance structure. The shareholders approved two key appointments that are set to shape the company's future direction and governance.

Reappointment of Managing Director

Mr. Narayan Singh Rathore has been reappointed as the Managing Director of Deep Diamond India Limited for a term of five years, effective from January 19, 2026. This decision, approved by the shareholders, ensures continuity in the company's top leadership. Mr. Rathore, who holds a B.Com degree, has been at the helm of the company's operations and will continue to guide its strategic direction until January 18, 2031.

The company's regulatory filing stated, "Mr. Narayan Singh Rathore is not related to any Director of the Company," emphasizing the independence of the board and management. Additionally, it was confirmed that Mr. Rathore is not debarred from holding the office of director by any SEBI order or other authority, reinforcing the integrity of the appointment.

New Secretarial Auditor

In another significant move, the shareholders appointed M/s. Ronak Jhuthawat & Co as the company's Secretarial Auditor for a five-year term. This appointment covers the financial years from 2025-2026 through 2029-2030. The firm, registered with the Institute of Company Secretaries of India (ICSI), specializes in corporate laws and brings expertise to ensure Deep Diamond India's compliance with regulatory requirements.

The company's statement highlighted, "M/s. Ronak Jhuthawat & Co is an integrated service firm focused on corporate laws, registered as a practicing company secretaries' firm with the Institute of Company Secretaries of India (ICSI)." This appointment underscores the company's commitment to maintaining high standards of corporate governance and regulatory compliance.

AGM Proceedings

The AGM, conducted through video conferencing, saw the participation of 46 public shareholders. All six directors of the company, including the chairpersons of various committees, were present at the meeting. The AGM commenced at 12:00 P.M. and concluded at 12:49 P.M., with a 15-minute window for e-voting.

Rights Issue Extension

In a separate development, Deep Diamond India Limited announced an extension of its ongoing Rights Issue. Originally scheduled to close on September 19, 2025, and previously extended to September 24, 2025, the Rights Issue will now remain open until September 30, 2025. This extension aims to provide shareholders with additional time to participate in the issue.

The revised schedule for the Rights Issue is as follows:

These developments reflect Deep Diamond India Limited's focus on strengthening its governance structure and providing opportunities for shareholder participation, as it navigates the dynamic landscape of the diamond industry.

Deep Diamond India Limited (DDIL) has announced a second extension of its rights issue closing date, moving it to September 30, 2025. This decision, approved by the company's Rights Issue Committee, aims to provide shareholders with additional time to exercise their rights.

Key Points of the Extension

• Original Closing Date: September 19, 2025
• First Extension: September 24, 2025
• New Closing Date: September 30, 2025
• Issue Opening Date: September 9, 2025 (unchanged)
• Last Date for Market Renunciation: September 18, 2025 (unchanged)

Revised Schedule

The company has released an updated timeline for the rights issue process:

Important Information for Shareholders

Eligible shareholders are advised to take note of the new issue closure date. The last date for submission of the duly filled Common Application Form (CAF), along with the amount payable on application, is now September 30, 2025.

Company Details

• Scrip Code/ID: 539559/DDIL
• ISIN: INE005G01026
• RE ISIN: INE005G20018

Deep Diamond India Limited, headquartered in Mumbai, has its corporate office in Udaipur, Rajasthan. The company's management emphasized that this extension is intended to offer shareholders an extended opportunity to participate in the rights issue.

Narayan Singh Rathore, Managing Director of Deep Diamond India Limited, signed off on the announcement, which was made public following a Rights Issue Committee meeting held on September 23, 2025.

Investors and stakeholders can find more information about the rights issue on the BSE website ( www.bseindia.com ) and the company's official website ( www.deepdiamondltd.in ). The company has stated that there are no other changes to the Letter of Offer (LOF), Common Application Form (CAF), and Abridged Letter of Offer (ALOF) dated August 29, 2025, apart from the modification in the issue closing date and the resultant changes in the post-issue activity timeline.