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CIN: L74110HP2004PLC0275 58 Date: August, 29 2026 The Listing Department, The Listing Department, BSE Limited, National Stock Exchange of India Limited, Department of Corporate Services, Exchange Plaza, C-1, Block G Phiroze Jeejeebhoy Towers, Bandra Kurla Complex Dalal Street, Mumbai – 400 001 Mumbai – 400 051 Scrip Code- 532771 Symbol- JHS Subject: Submission of Newspaper Advertisement Dear Sir, Pursuant to Regulation 30 and Regulation 47 of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and in compliance with MCA General Circular No. 03/2025 dated 22 September, 2025 and 19 September, 2024 issued by the Ministry of Corporate Affairs ("MCA Circular/s"), and subsequent circulars issued by the Ministry of Corporate Affairs in this regard, please find enclosed herewith copies of newspaper advertisement published in the following newspapers for the attention of the Equity Shareholders of the Company: 1. Business Standard (English), New Delhi 2. Business Standard (Hindi), Chandigarh The above information is also available on the website of the Company at https://www.svendgaard.com This is for your information and records. Thanking You Yours Faithfully, For JHS Svendgaard Laboratories Limited Komal Jha Company Secretary & Compliance Officer Encl: A/a THE SMART INVESTOR 11 Business Standard NewDeLHi | SATURDAY, 29 AUGUST 2026 Balkrishna Industries Correction triggers “Gold can help balance a port- Areversal in the interest-rate out- folio during periods of market look is the biggest near-term risk. volatility and inflation” says poised to outperform YOUR “A hawkish Federal Reserve could Harsh Vira, chieffinancpliaannle r weaken gold,” says Ramaswamy. and founder, FinPro Wealth. MONEY Higher real yields increase the Gold allocation should not opportunity costof holdinganon- exceed 10-15 per cent of the port- yieldingassetsuchasgold. “Arisein folio. Investors whose allocation Stock up 15% in a month, reacting to robust QI numbers GOLD PRICE SURGE real yields could result in capital has risen after the rally should moving into government bonds,” rebalance. “If gold exceeds 15 per Should you invest saysRamaswamy. Astrongerdollar centofan investor’sassets, partial could affectgold’s price adversely. profit booking and portfolio RAM PRASAD SAHU Mumba28 iAug,us t सता “Profit booking after the run-up rebalancing are recommended,” more or book profits? couldalsolead toacorrection,”says says Ramaswamy. Tyremaker Balkrishna Industries ‘Thiagarajan. If geopolitical tensions (BIL) has outperformed peers cool, investors could shift money Stagger purchases in revenue growth during the June HIMALI PATEL Central-bank buying, geo- from gold toriskierassets. “Risk-on Newinvestorsshould avoid invest- quarter (Q1FY27). The gains for political tensions and safe-haven rotation and broader equity alloca- ing a large amount at one go. “A the off-highway tyre (OHT) maker Gold has gained 9.6 per cent over demand have also contributed to tion could cause goldt o underper- large rally canbe followed by mean were on account of higher-than- the ए85 month after returning-1.8 therally. form,”says Ramaswamy. reversion,” says Bagdi. expected volumes and improved per cent over the past year. The Asystematic investment plan realisations. rally may continue, but investors Rally may continue Avoid going overweight (SIP) can average the purchase Further, brokerages expect the should be prepared for volatility Monetary easing and anticipated Themarket appearstoremain ina price. “Regular investing reduces tyremaker to do better than peers, Regaining tracgtlon andavoid chasingthe yellow metal interest-rate cuts could push gold bull run. “However, it is volatile the risk of entering at the top after going ahead, on the growth front, For FY26-28, the brokerage is afteritssharp rise. higher. “The run-up could con- andsensitive to even the minutest a sharp rally,” says Vira. Lump- which could partially offset the raw — Balkrishna Industries — BSE 200 building in 8 volume and revenue tinue ifthe Federal Reserve’s Sep- signals,” says Thiagarajan. sum investments would make ‘material headwinds. 10 growthof11per centand19 per cent, Drivers of the rally tember 15-16 meeting produces a Investors should view goldasa sense onlyifpricescorrect. The stock, too, hasreacted posi- respectively. Its market share in the Expectations around Federal favourable announcement,” says portfolio hedge and wealth Investors should ideally stay tively to the Q1 show and the out- 120 global OHT segment worth $20 bil- Reserve policy and bond-market Gnanasekar Thiagarajan, director, protector, not a vehicle for maxi- invested for at least five years to look, rising15 per cent over the past lion s just 6-7 per cent. Share of the interventions that signal lower Commtrendz Research. mising returns. benefit from gold’s role 858 port- month. In comparison, Apollo agri market is 8-9 per cent while long-end US Treasury yields are “Lowerreal yieldsand aweaker folio hedge. Tyres is up 5 per cent and MRF is non-agriculture s 2-3 per cent. supporting gold. “Expectations of dollar could support gold,” says Rebound rally? tradingflat over this period. At the The company is eyeing a lower real rates have supportetdh e Bagdi. Persistent fiscal uncertainty Choose gold ETFs carefully current price, BIL is trading at 23 /न=100ल रि medium-term target of 8 per cent, demand for non-yielding gold,” could also lend support. “The Exchange-traded funds (ETFs)are timesits FY28 eamnings estimates. Mar30,26 Aug2826 ledb y deeper penetration in exist- says Mohit Bagdi, head of absenceofasolution tothe roughly a preferred route to gain exposure While the company beat esti Source: Bloomberg, BSE ing markets and addition of new research, MIRA Money. $40 trillion US debt could support Period Return (%) togold. “Check agold ETF’s track- ‘mates across most parameters, it is products/customers. Us fiscal concerns are another the run-up,” says Thiagarajan. न00. 9.68 ingerror, expenseratio, and liquid- the 24 per cent year-on-year(Y-0-Y) mentislikelytoimprove inCY26in Nuvama Research has a buy driver. “US national debt nearing Continued central-bank months 1. ity,” says Vira. A lower tracking growth in standalone revenues both Europe and North American. rating with a target price of¥2,600. $40 trillion has contributed to the reserve diversification could also error means the ETF follows gold 6months 0.5 whichstood out. Apollo Tyresstan- Furthermore, John Deere says BILs operating profit grew7 per debasement trade,” says NS contribute to the rally. Unpredict- prices more closely, while the dalone revenues were up 16 per demand for the tractor segmentis cent Y-o-Y and came in better than Ramaswamy, head of commod- able tariff and sanctions policies Tyear 1.8 expense ratioaffects holding costs. cent, while MRF reported a 10 per likely to 06 flat-to-positive in CY26 estimates on account of higher- ities, Ventura. Investors fear that could pushinvestorstowards gold. 3years 388 “A reasonable asset size generally cent growth. The gains for BIL on inboth Europeand North America. than-expected revenue. high government debt could “The rally is likely to be con- Syears 24 supports smoother execution and thetopline frontwereledby higher- After stronger quarterly volume Margins, however, contracted ‘weaken the dollar. They are there- siderably more volatile and is better efficiency,”says Vira. than-expected Europe volumes performance, particularly in by 320 basis points (bps) Y-o-Y and fore shifting money into assets unlikelytomove inastraight line,” 1 3-0 ye 5-a r as n d 10-y e17 a.6 r] returns are and improved overall realisation. Europe, Anand Rathi Research 230 bps Q-0-Qt020.6 per cent due suchasgold that cannot becreated says Bagdi. Short-term pullbacks annualised Source: Bloomberg The writer is 8 Mumbai-based Overall volumes were up 16 per expects Europe’s volume towitness tohigherinputand employee costs. aseasily [Showing first 8,000 characters — download PDF for full document]