Quarterly Result29 May 2026, 05:31 pm
Sovereign Diamonds: FY26 Revenue ₹1408.27 Lakhs, Net Loss ₹467.12 Lakhs
AI Summary
Sovereign Diamonds Ltd's board meeting on May 29, 2026, approved the audited annual financial results for the quarter and year ended March 31, 2026. The company reported total revenue of ₹1408.27 lakhs and a net loss of ₹467.12 lakhs for FY26. The board also approved the re-appointment of Mr. Ajay Gehani as Chairman and Managing Director, and Mrs. Arundhati Mali as Whole Time Director and CFO, both for a term of 3 years effective July 1, 2026. Additionally, M/s. P. C. Shah & Co. and M/s. Shrey Pandey & Associates were re-appointed as Secretarial Auditors and Internal Auditors, respectively.
Key Highlights
- Audited FY26 revenue from operations reported at ₹1408.27 lakhs.
- Net loss for FY26 stood at ₹467.12 lakhs.
- Ajay Gehani re-appointed as Chairman and Managing Director for 3 years.
- Arundhati Mali re-appointed as Whole Time Director and CFO for 3 years.
- Secretarial and Internal Auditors re-appointed.
Price Impact
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