AJC Jewel Manufacturers Ltd: Chairman's Speech at 8th AGM
AJC Jewel Manufacturers Ltd held its 8th Annual General Meeting on September 29, 2026. The Chairman's speech highlighted a landmark year following the company's BSE SME listing. Key developments include machinery upgrades, expanded manufacturing capacity, onboarding of new corporate and retail customers, and the establishment of R&D and design teams. The company also incorporated Esthara Jewels for direct-to-consumer sales and commenced silver jewellery production. Future plans involve launching 9K jewellery, completing CNC machine integration, expanding pan-India reach, and increasing manufacturing capacity utilization. A proposed acquisition of a Sharjah-based company aims to provide a strategic manufacturing base and access to the GCC market. Esthara Jewels is expanding its retail presence with multiple stores planned. The company emphasizes disciplined execution, product quality, reliable delivery, and capital efficiency.
Key Highlights
- AJC Jewel Manufacturers listed on BSE SME, marking a significant growth step.
- Expanded manufacturing capacity and onboarded new corporate and retail clients.
- Launched Esthara Jewels for direct-to-consumer business and silver jewellery.
- Plans include 9K jewellery launch, CNC machine integration, and international expansion.
- Proposed acquisition of Sharjah company to access GCC market.
Price Impact
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