SMR Jewels Ltd

SMR Jewels Limited, formerly SMR Jewels Private Limited, announced that the board meeting scheduled for October 28, 2026, to consider and approve the unaudited financial results for the half-year ended September 30, 2026, has been rescheduled to November 2, 2026, due to the non-preparation of the financial results.

SMR Jewels Limited informed the BSE Limited that it has received a certificate from Purva Sharegistry (India) Private Limited, its Registrar and Share Transfer Agent, confirming the dematerialization of securities for the quarter ended September 30, 2026, in compliance with Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018.

SMR Jewels Ltd. is up 2.70% to Rs 93.46, extending recent gains and rising 3.84% over the last week. SMR Jewels Limited, formerly SMR Jewels Private Limited, announced it has received orders totaling Rs 67,00,43,800 from multiple vendors following the Couture India Show 2026, with order confirmations received on October 6th and 7th, 2026. The orders, for jewellery, were awarded by domestic entities, and the execution timelines and terms and conditions were mutually decided upon between SMR Jewels and the vendors; the company confirmed that neither promoters, promoter groups, nor group companies have any interest in the awarding entities, and the transactions do not constitute related party transactions. Trading volume reached 32000 shares today, a surge of 52.38% compared to the average volume of the one week prior. SMR Jewels Ltd remained flat year-over-year, contrasting with a 9.18% loss in the NIFTY50 index.

SMR Jewels Limited, formerly SMR Jewels Private Limited, will close its trading window for all designated persons and their immediate relatives starting October 1, 2026, in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company’s code of conduct, reopening 48 hours after the declaration of the unaudited half-yearly financial results for the period ended September 30, 2026.

SMR Jewels Limited, formerly known as SMR Jewels Private Limited, will hold a board meeting on August 27, 2026, to consider and approve the draft Notice of the 8th Annual General Meeting, the Directors’ Report for fiscal year 2025–26, the appointment of a Scrutinizer for E-Voting, the reappointment of Jainil Virendra Soni as Whole time Director, and the appointment of Virendra Ramanlal Soni as Director cum Chairman. The board will also consider related party transactions, approve remuneration for Chief Financial Officer Drashti Pal Modi, and fix the date of Book Closure, Cut-off Date for e-voting, and the e-voting period.

SMR Jewels will hold a meeting of the Board of Directors of the Company on 25 June 2026.

The scrip was listed at Rs 102.95, a 19.57% discount the initial public offer (IPO) price. The stock is currently frozen at its upper limit of 5% over its listing price. The counter hit a high of Rs 108.05 and a low of Rs 102.40. About 1.13 lakh shares of the company changed hands at the counter. SMR Jewels' IPO was subscribed 1.09 times. The issue opened for bidding on 26 May 2026 and it closed on 29 May 2026. The price band of the IPO was fixed between Rs 128 to Rs 135 per share. The IPO comprised 49,80,000 equity shares, including a fresh issue of 40,00,000 equity shares and offer for sale (OFS) of 9,80,000 equity shares. The company intends to utilise the net proceeds for funding capital expenditure requirements towards construction of jewellery studio; funding towards repayment or prepayment, in full or in part, of borrowings availed by the company from banks and financial institutions; funding long term working capital requirement and general corporate purposes. SMR Jewels is engaged in the design and sale of heritage and contemporary jewellery. Its product portfolio includes designer heritage jewellery as well as daily-wear jewellery focused on simplicity, comfort, and durability. The company does not operate its own manufacturing facility and outsources production to skilled artisans and craftsmen engaged as job workers. It also offers jewellery customisation services, enabling customers to tailor designs to their preferences. Its business model combines in-house design capabilities, outsourced manufacturing, collaboration with artisans, and a structured distribution network. The company operates a showroom in Ahmedabad, Gujarat. As of 31 March 2026, it had 23 permanent employees across various levels of the organisation. The company recorded revenue from operations of Rs 308.72 crore and net profit of Rs 18.56 crore for the period ended 31 December 2025. Powered by Capital Market - Live