Sovereign Diamonds: FY26 Revenue ₹1408.27 Lakhs

Sovereign Diamonds Ltd. announced audited annual financial results for the year ended March 31, 2026. Key decisions from the board meeting on May 29, 2026, include the re-appointment of Mr. Ajay Gehani as Chairman and Managing Director, and Mrs. Arundhati Mali as Whole Time Director and CFO, both effective July 1, 2026, for a term of 3 years. Additionally, M/s. P. C. Shah & Co. and M/s. Shrey Pandey & Associates were re-appointed as Secretarial Auditors and Internal Auditors, respectively. The company's revenue from operations for FY26 stood at ₹1408.27 lakhs compared to ₹1997.21 lakhs in FY25. The company reported a net loss after tax of ₹467.12 lakhs for FY26 compared to a profit of ₹1.26 lakhs in FY25.