BlueStone Jewellery Announces Changes in Directorship Following Board Meeting; Recommends Appointment of Amit Jain
BlueStone Jewellery and Lifestyle Limited announced several key corporate governance updates following its Board of Directors meeting held on August 14, 2026. The company reviewed leadership changes and approved the schedule for its upcoming Annual General Meeting (AGM).The board addressed the retirement by rotation of Mr. Sameer Nath and considered the proposal for the appointment of Mr. Amit Jain to the directorship. The meeting commenced at 5:30 P.M. IST and concluded at 6:15 P.M. IST.
Director Retirements and Approvals
The Board noted that Mr. Sameer Nath, a Non-Executive Director, will retire by rotation at the ensuing 15th AGM after expressing his desire not to seek re-appointment. Correspondingly, the company approved the Revised Director's Report for the financial year ended March 31, 2026. This report incorporates Mr. Nath's retirement and includes the recommendation for a new appointment.Recommendation of Amit Jain as New Director
The Board also approved the recommendation for the appointment of Mr. Amit Jain as a Non-Executive, Non-Independent Director (Professional) of BlueStone Jewellery and Lifestyle Limited, subject to approval by the Members at the forthcoming AGM.Mr. Amit Jain is the Chief Executive Officer and Co-Founder of CarDekho Group, an Autotech, fintech, and mobility services platform that is recognized as one of India's homegrown unicorns and holds a valuation of USD 1.2 billion. An alumnus of IIT Delhi, Mr. Jain has extensive experience in technology and product engineering.
Key details regarding Mr. Amit Jain are provided below:
| Detail | Information |
|---|---|
| Name | Mr. Amit Jain |
| CEO Role | Co-Founder and CEO of CarDekho Group |
| Company Profile (CarDekho) | An Autotech, fintech, and mobility services platform valued at USD 1.2 billion. |
| Operational Scale | Serves over 40 million active users monthly across India and Southeast Asia, employing more than 6,000 professionals. |
| Business Portfolio | Includes Autotech (CarDekho.com, BikeDekho, ZigWheels, PowerDrift), insurtech (InsuranceDekho), fintech (rupyy), mobility (Revv, Carrum), and international operations (CarMudi, Oto in Indonesia, Malaysia and the Philippines). |
| Commitment | Led CarDekho Group to commit to carbon neutrality by 2050 under the United Nations' Climate Neutral Now programme. |
Annual General Meeting Notice Approval
The Board of Directors also approved the notice for the company’s 15th Annual General Meeting, which is scheduled to be held on September 14, 2026.BLUESTONE Stock Price Movement
Today, shares of BlueStone Jewellery and Lifestyle Limited slipped by 3.35% to settle at ₹845.25 in post-market trading. The stock saw significant activity during the session, recording a total traded volume of 2.36 million shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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