Sky Gold And Diamonds Limited Grants 12,690 Stock Options to Employees

Sky Gold And Diamonds Limited has announced a significant employee incentive program. The company's Nomination and Remuneration Committee has approved the grant of 12,690 stock options to eligible employees under the SKYGOLD-ESOP 2024 plan.

Key Details of the Stock Option Grant

Aspect	Details
Number of Options Granted	12,690
Conversion Ratio	1 option : 1 equity share
Face Value of Shares	Rs. 10.00 per share
Exercise Price	Rs. 1.00 per option
Vesting Period	Minimum 1 year, Maximum 5 years from grant date

Vesting and Exercise Details

The stock options will vest after a minimum period of one year from the grant date, with a maximum vesting period of 5 years. This structured vesting schedule aims to promote long-term employee retention and align employee interests with those of the company's shareholders.

Regulatory Compliance

The company has made this announcement in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The stock option grant is also subject to the provisions of the SEBI (Share Based Employee Benefits and Sweat Equity) Regulations, 2021.

Implications and Outlook

This move by Sky Gold And Diamonds Limited represents a strategic approach to employee compensation and retention. By offering stock options, the company aims to foster a sense of ownership among its employees, potentially leading to increased motivation and alignment with the company's long-term goals.

While the immediate financial impact of this grant may be limited, it signals the company's commitment to its workforce and could positively influence employee performance and loyalty in the long run.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.59%	-4.00%	-8.48%	-12.72%	-25.28%	+43.64%

Sky Gold And Diamonds ' wholly-owned subsidiary, Starmangalsutra Private Limited, has executed a partnership agreement on December 11, 2025, to acquire a 51% partnership interest in Shri Rishab Gold, a jewellery manufacturing firm. This development follows the company's earlier announcement in October 2025 regarding the planned acquisition.

Partnership Agreement Execution

Parameter	Details
Agreement Date	December 11, 2025
Acquiring Entity	Starmangalsutra Private Limited (WOS)
Target Company	Shri Rishab Gold
Stake Acquired	51% partnership interest
Transaction Value	Approximately Rs. 10.00 crores

Acquisition Overview

The partnership agreement marks a significant milestone in Sky Gold And Diamonds' expansion strategy within the traditional mangalsutra jewellery segment. Starmangalsutra Private Limited, being a wholly-owned subsidiary, provides the parent company with direct access to Shri Rishab Gold's manufacturing capabilities and customer portfolio.

Financial Metric	Value
Shri Rishab Gold Turnover	Rs. 48.90 crores
EBITDA	Rs. 3.87 crores
Funding Method	Cash consideration
Expected Completion	Within 12 months

Strategic Benefits

The acquisition is positioned to deliver multiple strategic advantages for Sky Gold And Diamonds. The company gains deeper market penetration into the traditional mangalsutra jewellery segment while expanding its customer base through Shri Rishab Gold's existing client portfolio, which includes relationships with major jewellery brands across India.

Regulatory Compliance

Sky Gold And Diamonds has maintained transparency throughout the acquisition process, with the latest update filed under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that there are no changes to the transaction details previously disclosed to stock exchanges in October 2025.

This strategic move demonstrates Sky Gold And Diamonds' commitment to growth in the specialized jewellery manufacturing sector, potentially strengthening its market position and providing access to new customer segments within the traditional jewellery market.