AJC Jewel Manufacturers Ltd — Important, 23-03-2026: Company Update

AJC Jewel Manufacturers Ltd. is conducting a postal ballot to secure shareholder approval for key strategic initiatives. The company proposes to increase the Board's authority to grant loans, guarantees, and acquire securities up to 50 Cr, vital for business objectives. Shareholders will also consider approving material transactions with its subsidiary, Esthara Jewels Pvt. Ltd., up to 350 Cr for a financial year, to ensure operational efficiency. The ballot further includes enabling the Board to provide loans, guarantees, or security to group entities up to 50 Cr for capital and working capital needs. Lastly, approval is sought to raise overall borrowing limits to 150 Cr and to create charges on company assets to secure these funds, supporting long-term growth.