Jay Ambe Supermarkets Ltd

Jay Ambe Supermarkets Limited has announced the incorporation of its wholly-owned subsidiary, Kilo Kulture Private Limited, on June 15, 2026. The new entity, registered in India with a paid-up capital of ₹1,00,000, will operate in the textile industry, focusing on trading readymade garments, hosiery, clothing accessories, and related household items through retail sales. The subsidiary has an authorized capital of ₹10,00,000. Kilo Kulture Private Limited is yet to commence business operations and thus has no current turnover. The acquisition cost was ₹1,00,000, with shares acquired at ₹10 each, representing 100% shareholding by Jay Ambe Supermarkets Limited.

Craft Emerging Market Fund PCC, through its Citadel Capital Fund and Elite Capital Fund, has acquired a 5.32% stake in Jay Ambe Supermarkets Ltd. The acquisition, totaling 472,000 shares, was made through open market purchases. This disclosure is made under SEBI's Substantial Acquisition of Shares and Takeovers Regulations, 2011. The fund's holding is now 5.32% of the total share capital.

Jay Ambe Supermarkets Ltd has entered into a registered lease arrangement for commercial premises in Bayad, District Arvalli, Gujarat. This space will be used to establish a new supermarket under the brand name “City Square Mart”. The lease is for approximately 4,000 Sq. Ft. and involves four independent individual property owners. This move is part of the company's ongoing business expansion and retail growth strategy, aimed at increasing its geographical presence and revenue base in the Gujarat region. The transaction is purely commercial, does not impact management control, and is not a related party transaction.

Jay Ambe Supermarkets Ltd's Board of Directors approved the audited standalone financial results for the six months and year ended March 31, 2026, during its meeting on May 20, 2026. The board also took note of the Certificate of Utilization of Issue Proceeds for the half year ended March 31, 2026, certified by the Statutory Auditor. The auditor's report has an unmodified opinion. The meeting commenced at 6:00 PM and concluded at 7:00 PM.

Jay Ambe Supermarkets Ltd's Board of Directors approved the audited standalone financial results for the six months and year ended March 31, 2026, during its meeting on May 20, 2026. The board also took note of the Certificate of Utilization of Issue Proceeds for the half year ended March 31, 2026, certified by the Statutory Auditor. The auditor's report has an unmodified opinion. The meeting commenced at 6:00 PM and concluded at 7:00 PM.

Jay Ambe Supermarkets Ltd has scheduled a Board of Directors meeting on May 20, 2026, to consider and approve the audited standalone financial results for the half year and year ended March 31, 2026. The trading window for dealing in the company's securities will remain closed until 48 hours after the dissemination of the financial results. The meeting intimation is also uploaded on the company's website.

Jay Ambe Supermarkets Ltd's Board of Directors, at a meeting held on April 23, 2026, approved the appointment of Mr. Rohan Kamal Narang as the Internal Auditor for the financial year 2025-26. This decision followed a recommendation from the Audit Committee. Mr. Narang is a proprietor with over two years of experience in professional services, including legal practice, tax consultancy, drafting, and regulatory compliances, providing practical and research-driven solutions.

Jay Ambe Supermarkets Ltd announced that its Board of Directors, at a meeting held on April 23, 2026, approved the appointment of Mr. Rohan Kamal Narang as the Internal Auditor for the financial year 2025-26. This decision was based on the recommendation of the Audit Committee. Mr. Narang is a proprietor with over two years of experience in professional services, including legal practice, tax consultancy, drafting, and regulatory compliances, offering research-driven solutions in legal and taxation domains.

Jay Ambe Supermarkets Ltd has appointed M/s. Deepti & Associates as the Secretarial Auditor for the Financial Year 2025-26. The appointment was made during the Board of Directors meeting held on March 30, 2026. M/s. Deepti & Associates is a firm of Practicing Company Secretaries with over six years of experience in Corporate Laws, Secretarial Compliance Audits, and SEBI Regulations. The appointment is in accordance with the provisions of the Companies Act, 2013, the rules made thereunder, and SEBI (Listing Obligations and Disclosure Requirements) 2018.

Jay Ambe Supermarkets Ltd has appointed M/s. Deepti & Associates, a firm of Practicing Company Secretaries, as the Secretarial Auditor for the Financial Year 2025-26. The appointment was made at the Board of Directors' meeting held on March 30, 2026. M/s. Deepti & Associates brings over six years of experience and expertise in Corporate Laws and Procedures, Secretarial Compliance Audits, SEBI Regulations, and related statutory compliances. Ms. Deepti Grover, the Proprietor of M/s. Deepti & Associates, has consented to act as the Secretarial Auditor. She is duly qualified and eligible for the said appointment in accordance with the provisions of the Companies Act, 2013, the rules made thereunder & SEBI (Listing Obligations and Disclosure Requirements) 2018.