SKY GOLD AND DIAMONDS LIMITED — Board Meeting, 29-11-2024: Outcome of Board Meeting

The Board has met and approved several significant matters, including the investment in a wholly owned subsidiary to be named Sitaara Gold & Diamonds Limited, with an authorized capital of ₹10 Cr. Additionally, Mr. Bharat Jhaveri has been appointed as an Additional Director, contributing extensive experience in the jewellery sector. His appointment is subject to shareholder approval and has a term of five years. The Board has also re-constituted the Nomination and Remuneration Committee following this appointment.