StockWatch
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Gems, Jewellery And Watches
Management Change10 Aug 2026, 08:00 pm

Advit Jewels Director Resigns, New Chief Expansion Officer Appointed

AI Summary

Advit Jewels Ltd announced that Mr. Krishna Vardhan Gilara has resigned as Non-Executive Non-Independent Director, effective August 10, 2026. Concurrently, the company's Board of Directors approved the unaudited financial results for the quarter ended June 30, 2026, and appointed M/s. R N V & Associates as Internal Auditors for FY 2026-27. Mr. Gilara has also been appointed as Chief Expansion Officer and designated as Senior Management Personnel. The board also approved the appointment of Mr. Abhishek Gilara as an additional director and Joint Managing Director, and a change in designation for Mr. Vipul Gilara to Whole-time Director and CEO. The company will hold its 7th AGM on September 28, 2026.

Key Highlights

  • Mr. Krishna Vardhan Gilara resigns as Non-Executive Non-Independent Director.
  • Company approves unaudited financial results for Q1 FY27.
  • Mr. Krishna Vardhan Gilara appointed Chief Expansion Officer.
  • New Joint Managing Director and CEO appointments approved.
  • 7th AGM scheduled for September 28, 2026.