Khazanchi Jewellers Ltd

Khazanchi Jewellers Ltd (KJL) has successfully migrated its equity shares from the BSE SME Platform to the Main Board of BSE Ltd and NSE, effective October 27, 2026. This strategic move aims to scale the company's business from its current ₹2,000 crore revenue to over ₹5,000 crore by FY2030. KJL is transforming its revenue model, shifting from a 90% B2B wholesale base to a balanced 60-40 B2B-B2C split over the next 3-4 years. This transition is expected to elevate operating margins to 8-9%. The company plans to open 8-10 new retail stores, expand its natural diamond and studded jewellery offerings under Brand Vajraa, and enhance its digital and omnichannel capabilities to support a projected 25-30% annual revenue growth.

Khazanchi Jewellers Ltd has announced that its Board of Directors will convene on November 14, 2026, to consider and approve the Unaudited Financial Results for the second quarter ended September 30, 2026. Additionally, the company has reminded its designated persons and their immediate relatives that the trading window for dealing in the company's shares will remain closed from October 01, 2026, to November 16, 2026, inclusive, in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015.

Khazanchi Jewellers Ltd has announced an Extra-Ordinary General Meeting (EGM) scheduled for Tuesday, November 17, 2026, at 12:00 Noon. The meeting will be conducted via Video Conference (VC) and Other Audio-Visual Means (OVAM). The primary agenda is to approve the appointment of Ms. Simran Lodha as a Non-Executive cum Independent Director for a term of three years, effective from August 18, 2026. The company has provided details for remote e-voting, with the cut-off date set for November 11, 2026, and the remote e-voting period from November 14 to November 16, 2026. The notice and details of the businesses to be transacted are available on the company's website.

Khazanchi Jewellers Limited has received approval for migration of its equity shares from the BSE SME platform to the main board of both BSE and NSE. This migration will be effective from October 27, 2026. The company also enclosed its audited financial results for the half-year and year ended March 31, 2026, along with its shareholding pattern as of September 30, 2026. This move signifies a significant step in the company's growth and accessibility to a broader investor base.

Khazanchi Jewellers Ltd announced that its Board of Directors has approved the convening of an Extraordinary General Meeting (EGM) on Tuesday, November 17, 2026, at 12:00 Noon via Video Conference. The EGM is to seek shareholder approval for the appointment of Mrs. Simran Lodha as a Non-Executive cum Independent Director for a three-year term. The draft notice and explanatory statement for the EGM have also been approved. The e-voting period will be from November 14 to November 16, 2026, with November 11, 2026, as the cut-off date. M/s. A K Jain & Associates has been appointed as the scrutinizer for the e-voting process.

Khazanchi Jewellers Limited has received in-principle approval from both BSE Ltd and the National Stock Exchange of India Limited (NSE) for the migration of its equity shares from the BSE SME platform to the main board of BSE and NSE. This approval is subject to the company fulfilling specific conditions, including submitting a formal listing application, a final information memorandum, executing the listing agreement, and providing the latest shareholding pattern and financial results. Upon migration, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, including corporate governance provisions, will apply. The in-principle approval is valid for 45 days.

Khazanchi Jewellers Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is effective from October 1, 2026, and will remain in effect until 48 hours after the declaration of the unaudited financial results for the quarter and half year ended September 30, 2026. The measure is in compliance with the amended SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal Code of Conduct. The date for the Board Meeting to approve these results will be intimated later, ensuring no insider trading occurs before the official announcement.

Khazanchi Jewellers Ltd announced board meeting outcomes including the appointment of Mrs. Simran Lodha as an Additional Director (Non-Executive Independent Director) for a three-year term, subject to shareholder approval. The company also confirmed Mrs. Lodha is not debarred from directorship. Concurrently, Mrs. Rithika Bohra resigned as a Non-Executive Non-Independent Director, effective August 18, 2026. The board also approved the reconstitution of various company committees, with details of the new committee memberships disclosed.

Khazanchi Jewellers Limited reported a strong Q1 FY27 performance with total income growing 45.20% year-on-year to ₹586.36 Cr. EBITDA surged by 89.02% to ₹39.98 Cr, and Profit After Tax (PAT) increased by 83.66% to ₹27.83 Cr. The company attributed this growth to healthy momentum in both wholesale and retail operations, bolstered by positive customer response to its flagship showroom. Earnings Per Share (EPS) also saw a significant rise of 82.35% to ₹11.16. Khazanchi Jewellers is progressing towards migration to the Main Board of BSE and NSE.

Khazanchi Jewellers Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The Board of Directors approved the results along with the limited review report from statutory auditors. The meeting was held on August 13, 2026. The company's financial statements were prepared in accordance with Indian Accounting Standard 34 "Interim Financial Reporting". The auditors' review indicated no material misstatements.