Khazanchi Jewellers Announces 5% Dividend and Proposes SME to Main Board Listing Migration
Khazanchi Jewellers Ltd., in a decision made by its Board of Directors on July 13, 2026, announced a dividend payout and scheduled its upcoming Annual General Meeting. The company also addressed the strategic migration of its equity shares from the SME Platform to the Main Boards of the BSE and National Stock Exchange (NSE), pending shareholder approval.The Board meeting considered several operational matters, including the declaration of a dividend for the financial year ended March 31, 2026.
Key details regarding the dividend distribution are as follows:
| Parameter | Detail |
|---|---|
| Dividend Amount | Rs. 0.50 per equity share |
| Face Value of Share | Rs. 10 each |
| Percentage Yield | 5% |
| Payment Timeline | Within 30 days from the date of AGM (subject to shareholder approval) |
In addition to the dividend announcement, the company confirmed plans for its 31st Annual General Meeting. The meeting is scheduled to be held on Monday, August 10, 2026, utilizing Video Conferencing / Other Audio Visual Means (VC / OAVM).
The Board also determined the appointment of M/s. A K Jain & Associates, a Practising Company Secretaries firm represented by Mr. Balu Sridhar, to serve as the Scrutinizer for conducting the voting process at the 31st Annual General Meeting.
Furthermore, the company confirmed the revision of its Dividend Distribution Policy. The Board meeting also addressed the migration of the company's equity shares from the SME Platform of BSE Limited to the Main Boards of both BSE and NSE, subject to shareholder approval.
Stock Price Movement
As of 15:08, Khazanchi Jewellers Ltd sees its shares dipping to ₹624.50, reflecting a 0.45% decline today. The stock navigated an intraday range that spanned from a low of ₹614.00 to a high of ₹629.00.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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