Shareholders Approve Reappointment of Chiragkumar Valani as Managing Director for 5 Years

Shareholders at the AGM held on 29th September, 2026 approved the reappointment of Mr. Chiragkumar Valani (DIN: 06605257) as Managing Director for a further term of 5 (five) years, on the Board's recommendation.

Wed 30 Sep 2026

AGM Date

29th September, 2026

Executive Reappointed

Mr. Chiragkumar Valani (DIN: 06605257)

Position

Managing Director

Term Duration

5 (five) years

What happened

Members of the company, at the Annual General Meeting held on Tuesday, 29th September, 2026, approved the appointment of Mr. Chirag Champaklal Valani (Chiragkumar Valani), DIN 06605257, as Managing Director for a further term of 5 (five) years, on the recommendation of the Board.

About the appointee

• Oversees procurement of jewellery, a key function for operations.
• Over a decade of experience in the jewellery and ornaments industry.
• Manages sourcing, supplier negotiations, quality control and inventory optimization.
• He is the spouse of Hetalben Chiragkumar Valani.
• He is not debarred from holding the office of director by virtue of any SEBI order or any other such authority.

What it means for investors

This is a continuity development rather than a change of leadership, since the same person continues in the Managing Director role for a fresh five-year term. The reason for change is recorded as Appointment.

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