General Updates

Date: 16 July, 2026 BSE Limited National Stock Exchange of India Limited Listing Department Listing Department Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza, Bandra Kurla Complex, Fort, Mumbai – 400 001 Bandra (East), Mumbai – 400 051 Scrip Code: 541967 Symbol: SKYGOLD Dear Sir/Madam, Sub: Disclosure under Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended ("SEBI Listing Regulations"), we wish to inform you that Starmangalsutra Private Limited (“SPL” or the “Subsidiary”), a subsidiary of the Company, has suffered a financial loss of approximately Rs. 10.70 Crore (Rupees Ten Crore Seventy Lakhs only) arising from a fraud incident involving the unauthorized compromise of a company-issued mobile phone & laptop used by an employee. This was done by using very advanced deep-fake methodologies like profile cloning & coercion to get the transfers done. Based on the information available so far, unknown persons gained unauthorized access to the company-issued phone and laptop to impersonate one of the Subsidiary's Directors. Acting on instructions believed to be genuine, such employee processed certain fund transfers from the Subsidiary's bank account to unknown bank accounts. Subsequent verification confirmed that no such instructions had been issued by the concerned Director. Upon discovery of the incident, the Subsidiary immediately reported the matter to the national cyber-crime helpline and the jurisdictional Cyber Crime Police Station and initiated necessary actions with its bankers to trace and freeze the beneficiary accounts to maximize the possibility of recovery. The Company and the Subsidiary are fully cooperating with the banks and relevant authorities and are taking all necessary legal and operational steps to recover the funds and protect their interest. The incident came to light on 15 July 2026. A short delay in disclosure occurred due to the time required to verify the facts and coordinate with the banks and authorities. Based on the information presently available, there is no indication of any breach or compromise of the Company's or the Subsidiary's IT systems, network infrastructure, customer data or employee databases. The incident appears to be limited to the unauthorized compromise of a company-issued mobile phone, laptop and the misuse of communication channels arising therefrom. Business operations of the Company and the Subsidiary continue without any material disruption. The Company and the Subsidiary are reviewing the incident and will further strengthen employee awareness, verification protocols and internal control processes to mitigate the risk of similar occurrences in the future. This is for your information and records. Thanking you, Yours faithfully, For Sky Gold and Diamonds Limited (Formerly known as Sky Gold Limited) Mangesh Chauhan Managing Director Navi Mumbai DIN: 02134048