AJC Jewel Manufacturers MD, chairman, board of directors and AGM

233 shareholders on the register on 18 Sep 2026; present: 8 promoters and 8 others; votes counted by K P SATHEESAN / GOPIMOHAN & SATHEESAN ASSOCIATES LLP.The company's voting result (opens in a new tab)

1. 1) To receive, consider and adopt: a) the Audited Standalone Financial Statements of the Company for the Financial year ended 31-03-2026 together with the Reports of the Directors and Auditors thereon. b) the Audited Consolidated Financial Statements of the Company for the Financial year ended 31-03-2026 and Auditors Report thereon.MoreLess

   Ordinary
   100.00% for0.00% against

   Against: promoters 0.00% · other public 0.00%

   Turnout: all 100.00% · promoters 100.00% · other public 100.00%

2. To re-appoint Mrs FATHIMA JASNA KOTTEKKATTU (DIN: 10691112 ), Director, who retires by rotation and being eligible, offers herself for such reappointment.

   OrdinaryPromoters have an interest in it
   100.00% for0.00% against

   Against: other public 0.00%

   Turnout: all 100.00% · other public 100.00%

3. 3) REVISION OF REMUNERATION OF MANAGING DIRECTOR - Mr ASHRAF PERINKADAKKAD (DIN: 08094239) To consider and, if thought fit, to pass with or without modification(s), the following as a Special Resolution "RESOLVED THAT, in terms of Section 196, 197, Schedule V and other applicable provisions under the Companies Act 2013 and rule made there under (including any statutory modification or re-enactment thereof for the time being enforce) and Article of Association of Company, the consent of the members of the Company be and is hereby accorded to revise and fix the basic salary of Mr ASHRAF PERINKADAKKAD (DIN: 08094239), Managing Director, from Rs. 6,00,000/- to Rs.7,00,000/- per month with effect from 01/10/2026 and on such terms and condition from time to time within Schedule V of Companies Act, 2013 and any other amendments thereto or enactment thereof. This apart he shall also be entitled to the following perquisites: • Contribution to Provident fund, Superannuation fund/ Annuity Fund to the extent these either singly or put together are not taxable under the Income Tax Act 1961 • Gratuity payable at the rate not exceeding half —a-month salary for each completed year of service, and • Encashment of leave at the end of the tenure as per the rules of the company. RESOLVED FURTHER THAT in the event of inadequacy of profits in any financial year, the above-mentioned remuneration paid to her, as minimum remuneration, subject to prescribed provisions under Section 197 read with schedule V of the Act and rules made thereunder and any other applicable provisions of the Act or any other statutory modifications or enactment thereunder. "RESOLVED FURTHER THAT any of the Directors of the Company be and is hereby authorized to do all such acts, deeds, things etc. as may be required to comply with all formalities etc. as may be required to comply with all formalities in this regard".MoreLess

   SpecialPromoters have an interest in it
   100.00% for0.00% against

   Against: other public 0.00%

   Turnout: all 100.00% · other public 100.00%

4. 4) REVISION OF REMUNERATION OF WHOLE TIME DIRECTOR - Mr MOHAMED ALI CHERUPARAMBIL (DIN: 10668023) To consider and, if thought fit, to pass with or without modification(s), the following as a Special Resolution "RESOLVED THAT, in terms of Section 196, 197, Schedule V and other applicable provisions under the Companies Act 2013 and rule made there under (including any statutory modification or re-enactment thereof for the time being enforce) and Article of Association of Company, the consent of the members of the Company be and is hereby accorded to revise and fix the basic salary of Mr MOHAMED ALI CHERUPARAMBIL (DIN: 10668023), Wholetime Director, from Rs. 61,500/- to Rs.1,25,000/- per month with effect from 01/10/2026 and on such terms and condition from time to time within Schedule V of Companies Act, 2013 and any other amendments thereto or enactment thereof. This apart he shall also be entitled to the following perquisites: • Contribution to Provident fund, Superannuation fund/ Annuity Fund to the extent these either singly or put together are not taxable under the Income Tax Act 1961 • Gratuity payable at the rate not exceeding half —a-month salary for each completed year of service, and • Encashment of leave at the end of the tenure as per the rules of the company. RESOLVED FURTHER THAT in the event of inadequacy of profits in any financial year, the above-mentioned remuneration paid to her, as minimum remuneration, subject to prescribed provisions under Section 197 read with schedule V of the Act and rules made thereunder and any other applicable provisions of the Act or any other statutory modifications or enactment thereunder. "RESOLVED FURTHER THAT any of the Directors of the Company be and is hereby authorized to do all such acts, deeds, things etc. as may be required to comply with all formalities etc. as may be required to comply with all formalities in this regard".MoreLess

   Special
   100.00% for0.00% against

   Against: promoters 0.00% · other public 0.00%

   Turnout: all 100.00% · promoters 100.00% · other public 100.00%

5. 5) REVISION OF REMUNERATION OF EXECUTIVE DIRECTOR - Mrs FATHIMA JASNA KOTTEKKATTU (DIN: 10691112) To consider and, if thought fit, to pass with or without modification(s), the following as a Special Resolution "RESOLVED THAT, in terms of Section 196, 197, Schedule V and other applicable provisions under the Companies Act 2013 and rule made there under (including any statutory modification or re-enactment thereof for the time being inforce) and Article of Association of Company, the consent of the members of the Company be and is hereby accorded to revise and fix the basic salary of Mrs FATHIMA JASNA KOTTEKKATTU (DIN: 10691112), Executive Director, from Rs. 1,25,000/- to Rs.2,00,000/- per month with effect from 01/10/2026 and on such terms and condition from time to time within Schedule V of Companies Act, 2013 and any other amendments thereto or enactment thereof. This apart she shall also be entitled to the following perquisites: • Contribution to Provident fund, Superannuation fund/ Annuity Fund to the extent these either singly or put together are not taxable under the Income Tax Act 1961 • Gratuity payable at the rate not exceeding half —a-month salary for each completed year of service, and • Encashment of leave at the end of the tenure as per the rules of the company. RESOLVED FURTHER THAT in the event of inadequacy of profits in any financial year, the above-mentioned remuneration paid to her, as minimum remuneration, subject to prescribed provisions under Section 197 read with schedule V of the Act and rules made thereunder and any other applicable provisions of the Act or any other statutory modifications or enactment thereunder. "RESOLVED FURTHER THAT any of the Directors of the Company be and is hereby authorized to do all such acts, deeds, things etc. as may be required to comply with all formalities etc. as may be required to comply with all formalities in this regard".MoreLess

   SpecialPromoters have an interest in it
   100.00% for0.00% against

   Against: other public 0.00%

   Turnout: all 100.00% · other public 100.00%

6. 6. ACQUISITION OF 80% STAKE IN AJC JEWEL MANUFACTURERS FZC BY WAY OF PREFERENTIAL ISSUE OF EQUITY SHARES OF THE COMPANY TOWARDS DISCHARGE OF CONSIDERATION PAYABLE FOR THE ACQUISITION THROUGH SHARE SWAP ARRANGEMENT To consider and, if thought fit, pass the following resolution as a Special Resolution: "RESOLVED THAT pursuant to the provisions of Sections 23(1)(b), 42, 62(1)(c) and other applicable provisions, if any, of the Companies Act, 2013 as amended (hereinafter referred to as the "Companies Act") read with the Companies (Prospectus and Allotment of Securities) Rules, 2014, as amended and the Companies (Share Capital and Debentures) Rules, 2014, as amended and other relevant rules made there under (including any statutory modification(s) thereto or amendment, re-enactment thereof for the time being in force), in accordance with the guidelines, rules and regulations of the Securities and Exchange Board of India ("SEBl") as amended including the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as amended ("SEBI ICDR Regulations"), the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations"), as amended, the Foreign Exchange Management Act, 1999 as amended and in accordance with other applicable rules, regulations, circulars, notifications, clarifications and guidelines issued thereon, from time to time, by Ministry of Corporate Affairs, SEBI, Reserve Bank of India ("RBI") and/ or any other competent authorities, enabling provisions in Memorandum and Articles of Association of the Company, provisions of the uniform listing agreement entered into by the Company with BSE Limited ("BSE"), where the shares of the Company are listed ("Stock Exchange"), and subject to the approvals, consents, permissions and/ or sanctions, as may be required from the Government of India, SEBI, Stock Exchanges, and any other relevant statutory, regulatory, governmental authorities or departments, institutions or bodies and subject to such terms, conditions, alterations, corrections, changes, variations and/or modifications, if any, as may be prescribed by any one or more or all of them in granting such approvals, consents, permissions and/ or sanctions and which may be agreed to by the Board of Directors of the Company (hereinafter referred to as the "Board" which term shall be deemed to include any committee thereof, which the Board has constituted or may hereafter constitute, to exercise one or more of its powers, including the powers conferred hereunder), the consent of the members of the Company be and is hereby accorded to the Board to, in its absolute discretion, create, o?er, issue and allot on a preferential basis, in one or more tranches upto 5,67,492 (Five Lakh Sixty-Seven Thousand Four Hundred Ninety-Two only) fully paid up equity shares of the Company having face value of INR 10/- (Indian Rupees Ten Only) each ('Subscription Shares) at a price of INR 169.85 per equity share (including a premium of INR 159.85 per Equity Share) which is not less than the price determined in accordance with Chapter V of the SEBI ICDR Regulations (hereinafter referred to as the 'Floor Price') for consideration other than cash (i.e. swap of sale shares of AJC Jewel Manufacturers (FZC), UAE ('AJC UAE'), aggregating to an amount not exceeding INR 9,64,00,000/- , balance amount over and above swap of shares, if any, will be paid in cash, towards payment of the total purchase consideration payable to the shareholder of AJC UAE, namely, Mr. Afzal Rahman Perinkadakkad, for the acquisition of 80% shareholding, representing 80 Shares of face value of AED 1500/- per share ('Sale Shares'), of issued and paid-up share capital of AJC UAE. The details of the allottee ('Proposed Allottee') and the maximum number of equity shares of the Company proposed to be allotted are set forth in the below table: Sr. No. Name of the Proposed Allottee Category No. of shares to be allotted 1. Afzal Rahman Perinkadakkad PrMoreLess

   SpecialPromoters have an interest in it
   100.00% for0.00% against

   Against: other public 0.00%

   Turnout: all 100.00% · other public 100.00%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.