AJC Jewel Manufacturers Ltd — Important, 04-09-2026: Company Update

AJC Jewel Manufacturers has scheduled its 8th Annual General Meeting for September 29 to approve full-year financial results and a director's re-appointment. Key proposals for shareholder vote include executive salary revisions: the Managing Director's pay from ₹6 lakh to ₹7 lakh monthly, the Whole-time Director's from ₹61,500 to ₹1.25 lakh, and the Executive Director's from ₹1.25 lakh to ₹2 lakh. Additionally, the company intends to acquire an 80% stake in AJC Jewel Manufacturers FZC (UAE) for approximately ₹9.60 Cr. This involves issuing 5,67,492 new shares at ₹169.16 each to Afzal Rahman Perinkadakkad from the promoter group via a share swap.