AJC Jewel Manufacturers Ltd — Important, 31-12-2025: Company Update

AJC Jewel Manufacturers provided an update on its subsidiary, Esthara Jewels Private Limited, which has now received its incorporation certificate. The company holds 88% of Esthara Jewels' equity share capital. Promoter Mr. Ashraf P holds the remaining 12%. This clarifies that Esthara Jewels is a subsidiary, but not wholly-owned by AJC Jewel Manufacturers, an important detail for investors regarding the previously intimated wholly-owned subsidiary.