BSECompany Update6d ago · 4 Nov 2026, 11:48 am
Opening of 5th Showroom of Esthara Jewels Private Limited (subsidiary company) at Erode, Tamil Nadu
AJC Jewel Manufacturers Ltd · 544425
✦ AI Summary▲ PositiveExpansion
AJC Jewel Manufacturers Ltd has opened its 5th retail showroom of subsidiary Esthara Jewels Private Limited in Erode, Tamil Nadu, marking its entry into the state and expansion of its retail presence.
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Earnings Impact2/10
Growth Catalyst6/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment7/10
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Full Announcement
AJC Jewel Manufacturers Ltd - 544425 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
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eIC / lJ C Registered Office: 38/227-Z, Inkel Greens Edu City
Karathode-Konampara Road
Jewel Manufacturers Ltd. Panakkad Village, Pattarkadavu
(Formerly Known as AJC Jewel Manufacturers Pvt Ltd) Malappuram, Ernad, Kerala, India -676519
Ref : AIC/BSE/34/2026-27 Date : 04-11-2026
BSE Limited
Phiroze Jeejeebhoy Towers, Dalal Street
Mumbai-400001
Dear Sir/Madam,
Subject: Disclosure under Regulation 30 — Press release on the opening of 5% showroom of
Esthara Jewels Private Limited (subsidiary company) at Erode, Tamil Nadu
Dear Sir/Madam,
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements)
Regulations, 2015, we hereby submit the Press Release pertaining to the opening of 5t
showroom of Esthara Jewels Private Limited (subsidiary company) at Erode, Tamil Nadu .
We request you to kindly take the same on record and treat this submission as compliance
with the applicable provisions of the SEBI Listing Regulations.
Yours faithfully,
For AJC Jewel Manufacturers Limited,
Ms. Reshmi N K
Company Secretary and Compliance Officer
© +919567916106 B} info@ajcjewel.com @ www.aicjewel.com
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AJC Jewel Manufacturers Limited Expands Retail Footprint
with 5th Showroom in Erode, Marks Entry into Tamil Nadu
Malappuram , 04* November 2026: AJC Jewel Manufacturers Limited, a jewellery manufacturing
company, has announced the opening of the 5th retail showroom of its subsidiary, Esthara Jewels
Private Limited, in Erode, Tamil Nadu, on 1st November 2026. The new showroom marks Esthard’s first
presence in Tamil Nadu, representing a step forward in the Company's geographical expansion
strategy.
The newly opened showroom will focus on the retail sale of silver jewellery, expanding Esthard’s retail
presence into a new state. This development aligns with the Company's broader business expansion
strategy and provides an opportunity to strengthen its presence in the organised jewellery retail
market.
Glimpse of Esthare Showroom
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Key Highlight
« 5th Showroom: Esthara Jewels Private Limited, a subsidiary of AJC Jewel Manufacturers Limited, has
opened its fifth retail showroom.
« Entry into Tamil Nadu: The Erode showroom marks Esthard’s first presence in the state.
« Silver Jewellery Retdil: The new showroom will focus on the retail sale of silver jewellery.
« Geographical Expansion: The opening supports the Company's strategy to expand its retail presence
across new markets.
« Retail Network Development: The new location strengthens the subsidiary’s showroom network and
creates an additional customer touchpoint.
Management Commentary
Commenting on the development, Mr. Ashraf Perinkadakkad, Managing Director of AJC Jewel
Manufacturers Limited, said: “We are pleased to announce the opening of Esthara Jewels' fifth
showroom in Erode, marking our entry into Tamil Nadu. This expansion represents another step in our
strategy to strengthen our retail presence and reach customers across new geographical markets.
With a dedicated focus on silver jewellery, the new showroom will help us establish our presence in
the Tamil Nadu market and broaden our customer reach. We remain focused on expanding our retail
network in a disciplined manner, strengthening brand visibility and creating sustainable long-term
value for our stakeholders.”
About AJC Jewel Manufacturers Limited
AJC Jewel Manufacturers Limited is a Kerala-based, design-led jewellery manufacturer specialising
in customised and casting jewellery, primarily serving the B2B market. The Company manufactures
gold and silver jewellery, supported by in-house design capabilities and advanced manufacturing
technologies, including 3D printing and CNC machining. Its manufacturing operations are based in
Malappuram, Kerala, while its international expansion strategy includes proposed investments in
jewellery manufacturing operations in Sharjah, UAE.
Through its subsidiary, Esthara Jewels Private Limited, the Company is also expanding into silver
jewellery retail. With the opening of its fifth showroom in Erode, Tamil Nadu, Esthara continues to
strengthen its retail presence and geographical reach.
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Disclaimer
Certain statementsin this document that are not historical facts are forward looking statements. Such
forward-looking statements are subject to certain risks and uncertainties like government actions,
local, political or economic developments, technological risks, and many other factors that could
cause actual results to differ materially from those contemplated by the relevant forward-looking
statements. The Company will not be in any way responsible for any action taken based on such
statements and undertakes no obligation to publicly update these forward-looking statements to
reflect subsequent events or circumstances.
Investor Relations Partner
QRIM CONNECT
ORIM CONNECT
+(91) 83693 82388
letsconnect@orim.in
www.orim.in/orim-connect/
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