Change in Management

August 10, 2026 BSE Limited National Stock Exchange of India Limited Corporate Relationship Dept. The Listing Department Phiroze Jeejeebhoy Towers, Dalal Street, Exchange Plaza Plot No. C/1, G Block, Mumbai – 400 001. Bandra – Kurla Complex Bandra (East), Ref: Scrip Code. 543995 Mumbai – 400 051 Ref: NSE Symbol – MVGJL Sub: Outcome of Board Meeting-Re-appointment of Statutory Auditor; Chairperson & Managing Director; Whole-time Director & Executive Director. Dear Sir/Madam, Pursuant to Regulation 30 read with Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), we hereby inform that the Board of Directors at its meeting held today, August 10, 2026, has, inter-alia, transacted the following businesses:- 1. Approved the re-appointment of M/s Sagar & Associates, Chartered Accountants, Hyderabad (Peer Review No: 011975) as Statutory Auditors of the Company for a period of 5 (five) consecutive years i.e. from FY 2026-27 to FY 2030-31 based on the recommendations of the Audit Committee and subject to the approval of shareholders at the ensuing Annual General Meeting. 2. Approved the re-appointment and remuneration of Mrs. Bharata Mallika Ratna Kumari Grandhi (DIN: 00492520) as a Chairperson & Managing Director (Executive Category) of the Company for a further term of five (5) consecutive years w.e.f. February 12, 2027, based on the recommendations of the Nomination and Remuneration Committee and subject to the approval of shareholders at the ensuing Annual General Meeting. 3. Approved the re-appointment and remuneration of Mrs. Sai Keerthana Grandhi (DIN: 05211918) as a Whole-time Director (Executive Category) of the Company for a further term of five (5) consecutive years w.e.f. March 01, 2027, based on the recommendations of the Nomination and Remuneration Committee and subject to the approval of shareholders at the ensuing Annual General Meeting. 4. Approved the re-appointment and remuneration of Mrs. Sai Sindhuri Grandhi (DIN: 02795856) as an Executive Director of the Company for a further term of five (5) consecutive years w.e.f. March 01, 2027, based on the recommendations of the Nomination and Remuneration Committee and subject to the approval of shareholders at the ensuing Annual General Meeting. MANOJ VAIBHAV GEMS ‘N’ JEWELLERS LIMITED Regd. Office: #47-15-8, V Square, Zone-A, Opp: TSR Complex, Station Road, Dwarakanagar, Visakhapatnam, Andhra Pradesh India, 530016 Corporate Office: # 47-10-19, 2nd Lane, Dwarakanagar, Visakhapatnam - 530 016, Andhra Pradesh, India, Phone: +91 891 663 7777 E mail: info@vaibhavjewellers.in; Website: www.vaibhavjewellers.com. CIN: L55101AP1989PLC009734 Details in accordance with the SEBI Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated July 11, 2023 are given in below Annexures. The Board Meeting commenced at 03:50 p.m. and concluded at 04:15 p.m. This is for your information and necessary records. Thanking you, Yours sincerely, For Manoj Vaibhav Gems „N‟ Jewellers Limited Bandari Shiva Krishna Company Secretary & Compliance Officer M. No: F11172 MANOJ VAIBHAV GEMS ‘N’ JEWELLERS LIMITED Regd. Office: #47-15-8, V Square, Zone-A, Opp: TSR Complex, Station Road, Dwarakanagar, Visakhapatnam, Andhra Pradesh India, 530016 Corporate Office: # 47-10-19, 2nd Lane, Dwarakanagar, Visakhapatnam - 530 016, Andhra Pradesh, India, Phone: +91 891 663 7777 E mail: info@vaibhavjewellers.in; Website: www.vaibhavjewellers.com. CIN: L55101AP1989PLC009734 Annexures Details in terms of Regulation 30 read with Schedule III of (Listing Obligations and Disclosure Requirements) 2015 and SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated July 11, 2023 is given below: Appointment of M/s Sagar & Associates, Chartered Accountants, Hyderabad (Peer Review No: 011975) as Statutory Auditors of the Company Sl. Particulars 1. Reason for Change viz. Re-appointment of M/s Sagar & Associates, Chartered appointment, re-appointment Accountants, Hyderabad as Statutory Auditors of the resignation, removal, death or Company for a term of 5 years subject to approval of otherwise shareholders. 3. Date of appointment/re- Re-appointed as Statutory Auditors of the Company for a appointment/ cessation period of 5 (five) consecutive years i.e. from FY 2026-27 (as applicable) & term of to FY 2030-31, subject to approval of shareholders. appointment/re-appointment 4. Brief Profile (in case of M/s. Sagar & Associates, is a more than 2 decades old appointment) Hyderabad based firm of Chartered Accountants, with specialization across Statutory audits, Tax laws etc. M/s. Sagar & Associates is a peer reviewed firm (PR No. 011975) in terms of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and guidelines issued by the Institute of Company Secretaries of India (ICSI) 5. Disclosure of Relationships (in Not Applicable case of appointment of a director) MANOJ VAIBHAV GEMS ‘N’ JEWELLERS LIMITED Regd. Office: #47-15-8, V Square, Zone-A, Opp: TSR Complex, Station Road, Dwarakanagar, Visakhapatnam, Andhra Pradesh India, 530016 Corporate Office: # 47-10-19, 2nd Lane, Dwarakanagar, Visakhapatnam - 530 016, Andhra Pradesh, India, Phone: +91 891 663 7777 E mail: info@vaibhavjewellers.in; Website: www.vaibhavjewellers.com. CIN: L55101AP1989PLC009734 Re-appointment of Mrs. Bharata Mallika Ratna Kumari Grandhi (DIN: 00492520) as a Chairperson & Managing Director (Executive Category) of the Company. Sl. Particulars 1. Reason for Change viz. Re-appointment of Mrs. Bharata Mallika Ratna Kumari appointment, re-appointment Grandhi as a Chairperson & Managing Director (Executive resignation, removal, death Category) of the Company, subject to approval of or otherwise shareholders 3. Date of appointment/re- Re-appointment as Chairperson & Managing Director with appointment/ cessation effect from February 12, 2027 for a period of 5(five) years (as applicable) & term of subject to approval of shareholders. appointment/re-appointment 4. Brief Profile (in case of She has 24 years of experience in jewellery industry, having appointment) been associated with the Company since 2001. She has completed her Higher Secondary School in the year 1987. Her knowledge of jewellery industry has contributed to the growth of our Company. Currently, she looks after the overall operations and gives strategic directions furthering the growth of our Company. She is also involved in strengthening the sales, implementing the marketing strategy and involved in the business development of the Company. 5. Disclosure of Relationships Mother of Mrs. Sai Keerthana Grandhi (Whole-time Director (in case of appointment of a & CFO) (DIN:05211918) and Mrs. Sai Sindhuri Grandhi director) (Executive Director) (DIN:02795856), Mother-in-law of Mr. Gontla Rakhal (Joint Managing Director) (DIN: 07707477) 6. Information as required Mrs. Bharata Mallika Ratna Kumari Grandhi (DIN: pursuant to BSE circular ref 00492520) is not debarred from holding the office of Director no. LIST/ COMP/14/ 2018- by virtue of any Securities and Exchange Board of India 19 and the National Stock (SEBI) order or any other such authority. Exchange of India Limited with ref no. NSE/CML/2018/24, dated June 20, 2018. MANOJ VAIBHAV GEMS ‘N’ JEWELLERS LIMITED Regd. Office: #47-15-8, V Square, Zone-A, Opp: TSR Complex, Station Road, Dwarakanagar, Visakhapatnam, Andhra Pradesh India, 530016 Corporate Office: # 47-10-19, 2nd Lane, Dwarakanagar, Visakhapatnam - 530 016, Andhra Pradesh, India, Phone: +91 891 663 7777 E mail: info@vaibhavjewellers.in; Website: www.vaibhavjewellers.com. CIN: L55101AP1989PLC009734 Re-appointment of Mrs. Sai Keerthana Grandhi (DIN: 05211918) as a Whole-time Director (Executive Category) of the Company. Sl. Particulars 1. Reason for Change viz. Re-appointment of Sai Keerthana Grandhi as a Whole-time appointment, re-appointment Director (Executive Category) of the Company, subject to resi [Showing first 8,000 characters — download PDF for full document]