Annual Report of the Company for the Financial Year 2025-26

ADVIT JEWELS LIMITED (Formerly Known as Advit Jewels Private Limited) Corporate Office: Flat No. 201 and Basement, Pearl Premier, Plot No. 4, Jamna Lal Bajaj Marg, C-Scheme, Jaipur – 302001, Rajasthan, India Ref: AJL/CS/2026-27/20 Date: 31.08.2026 To, To, BSE Limited National Stock Exchange Limited Department of Corporate Services Exchange Plaza, 5th Floor, Pheroze Jeejeebhoy Towers, Dalal Street, Plot No. C/1, G Block, Mumbai –400001 Bandra-Kurla Complex, Mumbai – 400051 Scrip Code: 544803 Trading Symbol: RAMBHAJO Subject: Annual Report of Advit Jewels Limited (“the Company”) for the Financial Year 2025-26 Dear Sir/Madam, Pursuant to the requirements of the Regulation 34(1) Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”) and applicable circulars issued by the Ministry of Corporate Affairs and Securities and Exchange Board of India, as amended, from time to time, please find enclosed herewith, the Annual Report of the Company for the financial year 2025-26, which is being sent through electronic mode to those Members of the Company whose e‐mail address(es) are registered with the Company / Depository Participants (“DPs”). Further, in accordance with Regulation 36(1)(b) of the Listing Regulations, a letter being sent to those Members who have not registered their email address(es) with the Company / DPs, providing the web‐link including the exact path, from where the Annual Report can be accessed on the Company’s website i.e. https://rambhajo.com/investor- relations/#financials. Kindly take the same on record. Thanking You, Yours faithfully For Advit Jewels Limited Pratibha Soni Company Secretary and Compliance Officer M. No.: A71116 Encl: as above CIN: U36910RJ2019PLC066804 Registered Office: Flat No. 301, Pearl Premier, Plot No. 4, Jamna Lal Bajaj Marg, C-Scheme, Jaipur – 302001, Rajasthan, India Contact No.: 0141-4027333/4028333; Email Id: cs@advitjewels.com Website: www.rambhajo.com; GST No.: 08AASCA8740N1ZU ADVIT JEWELS L I M I T E D THE JOURNEY Johri Bazar to Dalal Street B H A J O ’ S THE FOUNDATION A Legacy cra(cid:876)ed over Generations For more than a century, Rambhajos has been shaped by a deep respect for the art of Indian jewellery. Founded in 1921 in the historic heart of Jaipur, the journey began with a commitment to craftsmanship that has endured through generations. The artistry of Kundan, Polki and Jadau remains at the heart of this legacy. Passed from one generation to the next, these traditions have been preserved not merely as craft, but as an expression of heritage, refinement and enduring value. AAss RRaammbbhhaajjooss eenntteerrss aa nneeww cchhaapptteerr,, tthhee vvaalluueess tthhaatt sshhaappeedd iittss bbeeggiinnnniinnggss rreemmaaiinn iittss foundation. From the heritage of Johri Bazar to the possibilities of Dalal Street, the journey reflects a natural evolution from a family legacy built over generations to an institution with a vision for generations yet to come. LEGACY SINCE 1921 CONTENTS Chairman’s Note 04 Collections 05–07 Corporate Information 09 Management Discussion and Analysis 10 Directors’ Report 18 Corporate Governance Report 34 Independent Auditor’s Report 70 Financial Statements 82 Notice of AGM 132 Chairman's Note From a legacy of craftsmanship to a future of possibilities. Nitin Gilara CHAIRMAN & MANAGING DIRECTOR · ADVIT JEWELS LIMITED Dear Shareholders, I present the Annual Report of Advit Jewels Limited for the financial year Our aim is to hold on to the essence of traditional Indian jewellery while 2025-26 with pride and gratitude. creating work that speaks to present day aspirations. We will keep investing in design, customer experience, operations and our brand, while Our story began in 1921 in the lanes of Johri Bazar, Jaipur, a place that has staying rooted in the craftsmanship that defines us. Our heritage gives us a long stood for India's jewellery heritage. What started as a pursuit of fine distinctive foundation. Our task is to keep it relevant for the next craftsmanship grew, generation by generation, into the Rambhajo's legacy generation. we carry today. Times changed and tastes changed, but one principle held firm: to create jewellery that carries the richness of Indian tradition with Our People and Our Craft complete attention to craft, authenticity and detail. Behind every piece stands the skill and patience of many hands, from Jewellery, for us, has never been only a product. It belongs to celebrations, artisans and designers to our employees and business partners. Their to relationships and to memories that travel from one generation to the collective contribution has built a business deeply connected to the art of next. That belief shapes how we work and how we serve our customers. jewellery making. As we grow, we remain committed to an environment Kundan, Polki and Jadau remain central to our identity, and we consider it where our people can grow with us, and to preserving the traditional a privilege to be custodians of these intricate forms of Indian artistry. knowledge built over generations. A Defining Chapter Creating Long Term Value The year under review marks an important point in our journey. Soon after As a listed company, growth means more to us than financial performance its close, Advit Jewels Limited became a listed company. Moving from a alone. It rests on governance, responsible practice, customer trust, closely held Company to a Listed Company is a significant milestone for all operational discipline and a clear long term strategy. Enduring institutions of us. are built patiently. Our ambition is not simply to become larger, but to We see the listing not only as an achievement but as a responsibility. It become stronger, creating value for customers, employees, partners and brings us into a wider relationship with shareholders, investors and the shareholders over time. capital markets, and it asks more of us in transparency, governance, accountability and disciplined execution. We accept this with humility, Looking Ahead knowing that trust must be earned every single day. What it does not change is who we are. The values that have guided Rambhajo's for more The journey from Johri Bazar to Dalal Street is a remarkable one, but it is than a century remain the foundation on which we intend to build. not the destination. New opportunities and new challenges will come, and we will meet both with the qualities that have carried us this far: patience, Heritage and Change integrity, perseverance and a steady commitment to excellence. The industry is evolving quickly. Customers are better informed, more With warm regards, discerning, and comfortable discovering brands across many channels. NITIN GILARA · CHAIRMAN & MANAGING DIRECTOR COLLECTION VERNIKA A celebration of grace, purity, and modern heritage, the Vernika collection by Grace Rambhajos is designed for the contemporary woman who carries tradition with e(cid:1015)ortless BLOOM elegance. @THEHOUSEOFRAMBHAJO Crafted in 14k gold, this statement choker features tiered pear-shaped Syndicate Polki diamonds framed by brilliant rose-cut borders. Cascading into bold central motifs wrapped in pink gemstone halos and delicate pearls, it offers a striking harmony of royal heritage and timeless sparkle. Regal Splendor Crafted in 14k gold, this high-neck choker features a dual-tone design splitting into intricate Syndicate Polki openwork on one side and a rich mosaic of deep green emeralds with floral motifs on the other. A majestic oval Polki pendant anchors the piece with timeless royal elegance. ANNUAL REPORT FOR THE FINANCIAL YEAR 2025 - 26 CORPORATE INFORMATION BOARD OF DIRECTORS Mr. Nitin Gilara Mr. Amit Bardia Chairman & Managing Director Independent Director Mr. Abhishek Gilara Ms. Arzoo Mantri Additional Director — Joint Managing Director Independent Director Mr. Prateek Gilara Mr. Divyank Bader Whole-time Director Independent Director [Showing first 8,000 characters — download PDF for full document]