Shubhlaxmi Jewel Art Share Price Today

Shubhlaxmi Jewel Art promoters hold 63.62% stake in FY26

Shubhlaxmi Jewel Art Limited disclosed that its promoters hold 63.62% of the total equity shares, totaling 6,746,000 shares as of March 31, 2026. The company confirmed that none of these shares were encumbered directly or indirectly during the financial year ended March 31, 2026. The declaration was submitted by promoter Narendrasinh Jesingbhai Chauhan to the National Stock Exchange of India Limited under Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Shubhlaxmi Jewel Art reports FY26 profit, seeks reclassification

Shubhlaxmi Jewel Art Limited reported a net profit of ₹106.16 lakh for FY26 on revenue of ₹6,265.24 lakh, with auditors issuing a qualified opinion on inventory. The Board reappointed Mr. Narendrasinh J Chauhan as MD and approved related party transactions. Additionally, the company submitted an application to the NSE on June 3, 2026, to reclassify Mr. Jitendrakumar J Chauhan and Mrs. Kajal Jitendrakumar Chauhan from promoter group to public shareholders.

Bikash Tarafdar resigns as Independent Director of Shubhlaxmi Jewel Art

Bikash Tarafdar resigned as Independent Director of Shubhlaxmi Jewel Art Limited effective June 2, 2026, due to personal commitments. He also stepped down from the Audit Committee and Nomination and Remuneration Committee. The company confirmed no other material reasons for the resignation.

Shubhlaxmi Jewel Art clarifies SEBI penalty disclosure timing

SEBI imposed a ₹10 lakh penalty on Shubhlaxmi Jewel Art Limited promoters for violating SAST regulations by failing to make an open offer after a 5.82% shareholding increase in May 2023. The company clarified to the exchange that the delay in disclosure was due to late receipt of the order and confirmed no material impact on operations.

Shubhlaxmi Jewel Art Receives Promoter-to-Public Reclassification Requests; Acknowledges Delayed Disclosure

Shubhlaxmi Jewel Art Limited received reclassification requests on April 27, 2026, from two promoter group shareholders—Kajal Jitendrakumar Chauhan and Jitendrakumar J Chauhan—both holding nil shares, seeking reclassification as public shareholders under Regulation 31A of SEBI (LODR) Regulations, 2015. The requests are scheduled for consideration at a Board of Directors meeting on May 30, 2026. The company acknowledged a delay in disclosing the material event to the stock exchange beyond the prescribed 24-hour window, citing an inadvertent internal administrative oversight, and has committed to enhancing its compliance processes.

Shubhlaxmi Jewel Art Plans ₹500 Cr QIP Fundraise, Increases Foreign Investment Limit

Shubhlaxmi Jewel Art has revealed plans to raise up to ₹500 crores through a Qualified Institutional Placement (QIP). The company has also increased its foreign investment limit to 49%, opening doors for increased international participation. These moves aim to strengthen the company's capital structure, expand its investor base, and provide financial flexibility for business expansion.