Sky Gold Ltd

Sky Gold and Diamonds Ltd announced its Board of Directors has approved the acquisition of Purvi Gems & Jewellery (India) Private Limited for a cash consideration of up to ₹9 Crores. Purvi Gems & Jewellery, engaged in manufacturing jewellery and related articles, reported a turnover of approximately ₹103.40 Crores as of March 31, 2026. This strategic acquisition aims to expand Sky Gold's market share, diversify its product portfolio, and drive financial growth. The acquisition is expected to be completed by November 30, 2026. The transaction is not considered a related party transaction.

Sky Gold And Diamonds Ltd announced the approval of its Board of Directors for the acquisition of 100% of Purvi Gems & Jewellery (India) Private Limited for a cash consideration of up to ₹9 Crores. The acquisition aims to expand market share, customer segments, and diversify the product portfolio in the gems and jewellery sector. Purvi Gems & Jewellery reported a turnover of approximately ₹103.40 Crores as of March 31, 2026. The transaction is expected to be completed by November 30, 2026, and is not considered a related party transaction.

Sky Gold and Diamonds Ltd has announced the cancellation of its investor meeting, originally scheduled for September 9, 2026. The cancellation is due to unavoidable exigencies. The company had previously informed the stock exchange about this meeting on September 1, 2026. This disclosure is made in compliance with Regulation 30(6) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Further updates will be communicated to the stock exchange as they become available.

Sky Gold and Diamonds Ltd (formerly Sky Gold Limited) has announced its 18th Annual General Meeting (AGM) scheduled for Wednesday, September 30, 2026, at 11:00 AM IST, to be conducted via Video Conferencing. The company is also providing shareholders, whose email addresses are not registered, with a weblink and QR code to access the Annual Report for the Financial Year 2025-26. The cut-off date for shareholders to receive this information was August 28, 2026. Key dates for e-voting are also provided, with the voting period starting September 27, 2026, and concluding on September 29, 2026.

Sky Gold And Diamonds Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the Financial Year 2025-26. The report, filed as per SEBI regulations, details the company's corporate identity, operations, employee data, and business activities. The company is engaged in designing, manufacturing, and distributing gold jewellery, with 100% of its turnover derived from this sector. Its operations are primarily domestic (87%), with 13% from exports. The BRSR is prepared on a standalone basis.

Sky Gold And Diamonds Ltd has announced its Eighteenth (18th) Annual General Meeting (AGM) will be held on Wednesday, 30th September 2026, at 11:00 AM IST via Video Conference/Other Audio-Visual Means. The company is also providing the Notice of the AGM and the Annual Report for the Financial Year 2025-26. The report highlights a strategic shift towards lightweight, value-added jewellery and an asset-light business model, aiming for margin expansion and broader market reach. The company emphasizes a 'Building Lighter, Reaching Further' strategy, focusing on lighter jewellery formats and a leaner operational structure to enhance profitability and expand into export markets.

Sky Gold And Diamonds Ltd has released its Annual Report for FY 2025-26, detailing a strategic shift towards lightweight, value-added jewellery (9k, 18k gold, diamond pieces) targeting a younger demographic and an asset-light business model. The company is focusing on margin expansion, a leaner operational footprint, and reducing its working capital cycle to under 60 days. The 18th Annual General Meeting (AGM) is scheduled for September 30, 2026, via video conference. The report highlights growth in export markets and institutional clients, supported by a strong credit profile and a ratings upgrade. Links to the AGM notice and Annual Report are provided on the company's website.

Sky Gold And Diamonds Ltd announced that its 18th Annual General Meeting (AGM) will be held on September 30, 2026, via Video Conferencing. The notice of the AGM and the Annual Report for FY 2025-26, including standalone and consolidated audited financial statements, will be sent electronically to shareholders. The company also fixed September 23, 2026, as the cut-off date for determining voting eligibility. Additionally, the Board approved the appointment of M S K A & Associates LLP as the Statutory Auditor for a five-year term, subject to shareholder approval.

Sky Gold & Diamonds Ltd has been included in the MSCI India Domestic Small Cap Index, a significant milestone reflecting its growing market presence. The company also achieved operating cash flow positivity in the current quarter, indicating improved working capital management and stronger growth quality. Sky Gold is focusing on balancing expansion with profitability, strengthening its governance, and enhancing its asset-light manufacturing model for lightweight and value-added jewellery. This inclusion is expected to increase institutional investor visibility and reinforce the company's commitment to long-term stakeholder value.

Sky Gold and Diamonds Ltd. reported a strong start to FY27, with consolidated revenue for Q1 FY27 surging 78% year-on-year to ₹2,012.8 crore. Profit After Tax (PAT) saw a significant jump of 140.7% to ₹104.9 crore. The company attributed this growth to sustained demand from organized retailers, traction in lightweight and value-added jewelry, and efficient manufacturing operations. EBITDA also grew substantially by 119.6% to ₹156.7 crore. Operations turned cash flow positive, driven by an asset-light manufacturing model and growing advance-gold business. The company is focusing on expanding its presence in lightweight, fine, and diamond-studded jewelry categories, and sees significant potential in the export market, particularly in the UK and Europe.