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

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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.

Analysis Scores

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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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 ek AjC 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 1|Page ek AjC 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. 2|Page ¢k AjC 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/ 3|Page