Advit Jewels Capital Structure Change
Ramesh Sawalram Saraogi and Navratri Share Trading Pvt Ltd acquired 3,45,000 equity shares of Advit Jewels Ltd via the open market. This transaction increases their aggregate stake to 5.24%.
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Ramesh Sawalram Saraogi and Navratri Share Trading Pvt Ltd acquired 3,45,000 equity shares of Advit Jewels Ltd via the open market. This transaction increases their aggregate stake to 5.24%.
Advit Jewels reported robust Q1 FY27 growth, hitting ₹35.40 Cr revenue and becoming debt-free post-IPO. The narrative shifts toward aggressive B2C expansion via retail boutiques and celebrity-backed launches.
Abhishek Gilara, a promoter group member, proposed to acquire 7,778,430 shares (16.979%) of Advit Jewels Limited via gift. This inter-se transfer from Vipul Gilara is scheduled for September 2026.
Advit Jewels Limited will hold its 7th Annual General Meeting on September 28, 2026. The meeting will be conducted via video conferencing to transact ordinary and special business.
Advit Jewels Limited submitted its Annual Report for the 2025-26 financial year. The report details the company's transition from a closely held entity to a listed company.
Advit Jewels Limited clarified that recent stock price movements are market-driven. The company confirmed it has no undisclosed material information affecting the share price.
Advit Jewels Limited reported Q1 FY27 total income of ₹35.40 Crore, a 37.35% YoY increase. Net profit rose 37.86% to ₹8.19 Crore alongside calibrated retail expansion.
Advit Jewels Limited announced several leadership changes, including the appointment of an Executive Director and a new Chief Expansion Officer. The board also appointed an internal auditor.
Advit Jewels Ltd reported revenue from operations of ₹35.3 Cr (+36.8% YoY) and net profit of ₹8.2 Cr (+39.0% YoY) for Q1 FY27.