Quarterly Result29 May 2026, 05:52 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 FY26. The company reported revenue from operations of ₹1408.27 lakhs and a net loss of ₹467.12 lakhs. 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 stands 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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