Jay Ambe Supermarkets Ltd

Jay Ambe Supermarkets Limited is opening a new store on November 01, 2026, located at Unit Nos. 1 to 5, Ground Floor, Mall 1, Block “B”, in the “Triangle Business Hub”, Patan, Gujarat. The store will span 6,225 sq. ft. carpet area and will offer a wide range of products including FMCG Food – Non Food, Grocery, Dairy & Frozen, Crockery & Household, Apparels, Footwear, Bags & Purse, Home Furnishing, Small Appliances, Toys & Handicraft. The company's unique selling proposition (USP) is its extensive product range, aiming to provide over 20,000 products under one roof with daily attractive discounts. This expansion will bring the total number of stores to 18.

Jay Ambe Supermarkets Ltd has announced the closure of its trading window for directors, promoters, and designated persons. This closure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. The window will be shut from October 01, 2026, and will reopen 48 hours after the dissemination of the company's unaudited financial results for the half-year ended September 30, 2026. This measure is standard practice to prevent potential insider trading ahead of financial disclosures.

Jay Ambe Supermarkets Limited has announced the formation of its subsidiary, City Square Global LLC, a limited liability company established in New Jersey, United States. The company, along with two other members, has contributed an aggregate capital of USD 10,000, with Jay Ambe Supermarkets Limited holding a 51% stake (USD 5,100). The entity is newly formed and has not yet commenced operations, thus having no turnover or financial statements. The intimation was delayed due to the late receipt of necessary documents from the US representative, which has been explained and regretted by the company.

Jay Ambe Supermarkets Ltd has received orders from the Registrar of Companies (ROC), Ahmedabad, imposing penalties totaling ₹2,51,11,000. These penalties are for alleged violations of various sections of the Companies Act, 2013, including Section 42(10), 12(3)(c), 42(6), and 117(2). The company states the impact is limited to the fines and is currently reviewing the orders with plans to file an appeal. Jay Ambe Supermarkets highlighted that the adjudication was initiated via a suo-moto application and that it falls under the MSME category, suggesting potential mitigating factors were not considered.

Jay Ambe Supermarkets Ltd has filed its Annual Report for the financial year 2025-26, in compliance with SEBI regulations. The report will be presented for approval at the 6th Annual General Meeting (AGM) scheduled for Wednesday, September 30, 2026, at 1:30 P.M. The meeting will be conducted via Video Conferencing (VC) / Other Audio-Visual Means (OAVM). Shareholders of record as of September 4, 2026, will receive the notice and report via email. E-voting is open from September 27 to September 29, 2026. The company highlights its growth from a single store to 18 stores across Gujarat, its recent listing on the BSE SME Platform, and its commitment to governance and stakeholder value.

Jay Ambe Supermarkets Ltd announced that its Board of Directors met on September 8, 2026. The board approved the Directors' Report for the financial year ended March 31, 2026. Additionally, the date for the 6th Annual General Meeting was fixed for September 30, 2026, and the draft notice was approved. The company also appointed M/s. Prasad and Partners LLP as the Scrutinizer for the upcoming AGM. These announcements are available on the company's website.

Jay Ambe Supermarkets Ltd has announced a revised disclosure under SEBI's SAST Regulations, 2011, from Craft Emerging Market Fund PCC and its associated funds (Citadel Capital Fund & Elite Capital Fund). The revision clarifies the specific date of acquisition of 472,000 shares, representing 5.32% of the total share capital, which was acquired through open market transactions on September 19, 2025. This disclosure updates the previous filing made on June 5, 2026, by providing the missing acquisition date.

Jay Ambe Supermarkets Limited's Board of Directors has approved an alteration in the objects of its Initial Public Offer (IPO) for which funds were previously raised. This decision, made based on the Audit Committee's recommendation, is subject to shareholder approval. A Postal Ballot Notice will be circulated to shareholders seeking their consent. The cut-off date for determining eligibility for voting has been set as Friday, July 03, 2026. The company has also appointed NSDL for e-voting and Mr. Nayan Pitroda as the scrutinizer for the postal ballot process. The board meeting took place on July 08, 2026.

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.