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Divine Hira Jewellers Limited (DIVINEHIRA)

📊 NSE: DIVINEHIRA 🏢 Gems, Jewellery And Watches 📢 Latest filing: 07 Sep 2026 📝 Analysis written: 13 Nov 2025

Latest quarterly results (Q1 FY27)

In its latest reported quarter, Q1 FY27, Divine Hira's revenue was ₹195 Cr (-18.5% year on year, -49.0% on the previous quarter), and net profit ₹0.9 Cr (-66.1% year on year); the operating margin was 0.9%.

Q1 FY27 (₹ Cr)	Value	YoY vs Q1 FY26	QoQ
Revenue	₹195	-18.5%	-49.0%
Operating profit	₹1.8	-53.4%	-71.2%
Net profit	₹0.9	-66.1%	-76.5%
EPS (₹)	0.24	-66.2%	-76.5%
Operating margin	0.9%	—	—

EPS restated for the 2:1 bonus of Jul 2026: Q4 FY26 ₹3.07 to ₹1.02.

Full quarterly financials → Results calendar →

DIVINEHIRA delivery percentage

NSE end-of-day data for Fri, 16 Oct 2026

On Fri, 16 Oct 2026, 78.95% of the DIVINEHIRA shares traded on NSE were taken to delivery, against the stock's own 20-session average of 76.62%. That is close to its usual level. Turnover was only ₹21 lakh, so a handful of trades can move this figure. It closed at a price band (circuit) on 10 sessions in about the last 20.

78.95%Delivery, 16 Oct

76.62%Own 20-session average

1.1×Volume vs its average

₹92.90NSE close · +2.26%

Delivery in the last 5 sessions: 75.0% · 66.7% · 77.3% · 70.0% · 79.0%

Delivery across the market →Circuit stocks →

A description of what the exchange published, not a recommendation. Names such as "accumulation" or "long buildup" label a pattern in the numbers. How delivery is analysed

📢 Recent Corporate Announcements

Divine Hira Jewellers: AGM Approves 5-Yr Term for Whole-time Director & Secretarial Auditor

🟡 NEUTRAL ⭐ 3/10

MANAGEMENT 📅 07 Sep 2026, 05:59 PM

Divine Hira Jewellers Limited announced that its shareholders approved key management resolutions at the 4th Annual General Meeting held on September 04, 2026. Ms. Khushbu Niraj Gulecha has been appointed as Whole-time Director (KMP) for a 5-year period effective August 08, 2026, to August 07, 2031. Additionally, shareholders approved the reappointment of Mr. Dhiraj Kiranraj Rathod as Non-Executive Director and the appointment of M/s DMJ & Partners as Secretarial Auditors for a 5-year term covering FY 2026-27 to FY 2030-31.

Khushbu Niraj Gulecha appointed as Whole-time Director for a 5-year term from August 08, 2026, to August 07, 2031
Shareholder approval secured at the 4th AGM on September 04, 2026, per Scrutinizer's Report dated September 05, 2026
Dhiraj Kiranraj Rathod reappointed as Non-Executive Director
DMJ & Partners appointed as Secretarial Auditors for a 5-year tenure spanning FY 2026-27 to FY 2030-31

💡 This is a routine post-AGM governance update. Investors should monitor upcoming quarterly financial performance and overall corporate governance execution.

Divine Hira Jewellers Approves All 5 AGM Resolutions with 86.89% Voter Turnout

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 06 Sep 2026, 02:23 AM

Divine Hira Jewellers Limited reported the voting results of its 4th Annual General Meeting held on September 04, 2026. Shareholders approved all 5 ordinary and special resolutions with over 99.99% majority. Total voter participation stood at 86.89% (3,40,10,400 votes polled out of 3,91,41,300 total shares). Approved items include adoption of FY26 financial statements, the appointment of Mr. Dhiraj Kiranraj Rathod as Non-Executive Director, and the appointment of Mrs. Khushbu Niraj Gulecha as Whole-Time Director.

All 5 resolutions approved with >=99.99% votes in favour out of 34,010,400 votes polled
Overall voter turnout was 86.89% across 736 total shareholders on record date
Promoter group polled 100% of their 28,454,400 shares in favour of all resolutions
Special Resolution passed for appointment of Mrs. Khushbu Niraj Gulecha as Whole-Time Director

💡 Track subsequent statutory filings and upcoming quarterly results to monitor board execution and financial performance under the confirmed director roles.

Divine Hira Jewellers concludes 4th AGM; 5 resolutions put to vote

🟡 NEUTRAL ⭐ 3/10

ROUTINE 📅 04 Sep 2026, 05:25 PM

Divine Hira Jewellers Limited conducted its 4th Annual General Meeting on September 04, 2026, via video conferencing. A total of 5 resolutions were proposed to shareholders, covering the adoption of FY26 audited standalone financial statements and director appointments. Key appointments include Mr. Dhiraj Kiranraj Rathod as Non-Executive Director and Mrs. Khushbu Niraj Gulecha as Whole-Time Director. Scrutinizer voting results will be submitted to the stock exchange separately within the statutory timeframe.

4th Annual General Meeting held on September 04, 2026, starting at 11:30 A.M. and concluding at 11:58 A.M.
Total of 5 resolutions tabled, including 1 Special Resolution for appointment of Mrs. Khushbu Niraj Gulecha as Whole-Time Director
Remote e-voting window was open from August 31, 2026 (9:00 A.M.) to September 03, 2026 (5:00 P.M.)
Requisite quorum of 5 members was present throughout the meeting

💡 Track the upcoming disclosure of formal voting results and scrutinizer report on the stock exchange to verify shareholder approval of all 5 resolutions.

Divine Hira Jewellers to Hold 4th AGM on Sept 4, 2026; Proposes New Whole-Time Director

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 10 Aug 2026, 08:07 PM

Divine Hira Jewellers Limited has scheduled its 4th Annual General Meeting (AGM) for September 4, 2026, to approve the FY26 audited financial statements. Key agenda items include the appointment of Mrs. Khushbu Niraj Gulecha as a Whole-Time Director for a five-year term and the confirmation of Mr. Dhiraj Kiranraj Rathod as a Non-Executive Director and Chairman. The company has also proposed appointing M/s. DMJ & Partners as Secretarial Auditors for a five-year period starting from FY 2026-27. Shareholders as of the August 28, 2026, cut-off date will be eligible for e-voting.

4th Annual General Meeting scheduled for September 4, 2026, at 11:30 A.M. IST via video conferencing
Proposal to appoint Mrs. Khushbu Niraj Gulecha as Whole-Time Director for 5 years effective August 8, 2026
Mr. Dhiraj Kiranraj Rathod, a Chartered Accountant with 11+ years of experience, proposed as Chairman
E-voting period set from August 31, 2026, to September 3, 2026, with a cut-off date of August 28, 2026
Appointment of M/s. DMJ & Partners as Secretarial Auditors for a 5-year block (FY 2026-27 to 2030-31)

💡 Investors should review the FY26 Annual Report for detailed financial performance and monitor the voting results post-AGM to confirm the formalization of the board structure.

Divine Hira Jewellers Appoints Scrutinizer for 4th AGM Scheduled for Sept 04, 2026

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 10 Aug 2026, 07:04 PM

Divine Hira Jewellers Limited has appointed Ms. Priyanka Jain of M/s DMJ & Partners as the scrutinizer for its upcoming 4th Annual General Meeting (AGM). The meeting is scheduled for September 04, 2026, and will be conducted via video conferencing. The scrutinizer will oversee the remote e-voting and physical voting processes to ensure transparency. This is a standard procedural requirement for listed companies ahead of their annual shareholder meetings.

4th Annual General Meeting (AGM) scheduled for September 04, 2026
Ms. Priyanka Jain (Membership No. 11881) appointed as Scrutinizer for the voting process
E-voting facility provided through Bigshare Services Private Limited
Company reported a quarterly revenue of ₹500.46 cr in Sep 2025
AGM to be conducted through Video Conferencing/Other Audio-Visual Means (VC/OAVM)

💡 Investors should review the AGM notice (when available) for key resolutions, particularly regarding the appointment of a new CFO following the vacancy created in December 2025.

Divine Hira Jewellers sets Aug 28 as cut-off date for 4th AGM e-voting

🟡 NEUTRAL ⭐ 2/10

ROUTINE 📅 08 Aug 2026, 05:42 PM

Divine Hira Jewellers Limited has scheduled its 4th Annual General Meeting (AGM) for September 04, 2026, to be conducted via video conferencing. The company has fixed August 28, 2026, as the cut-off date to determine shareholder eligibility for remote e-voting and participation. The e-voting period will run from August 31, 2026, to September 03, 2026. This is a standard regulatory procedure for listed entities to facilitate annual corporate governance and shareholder voting.

4th Annual General Meeting scheduled for September 04, 2026, at 11:30 A.M. IST
Cut-off date for e-voting eligibility is fixed as August 28, 2026
Remote e-voting period starts on August 31, 2026 (9:00 AM) and ends on September 03, 2026 (5:00 PM)
Cut-off date for dispatching the Annual Report/Notice was August 07, 2026
Company reported a revenue of ₹ 500.46 cr in the Sep 2025 quarter

💡 Investors should review the FY26 Annual Report once received to assess the company's financial health and management's strategy, particularly regarding the CFO vacancy reported in late 2025.

Divine Hira Jewellers: Niraj Gulecha Resigns as WTD; Khushbu Gulecha Appointed Whole-Time Director

🟡 NEUTRAL ⭐ 5/10

MANAGEMENT 📅 08 Aug 2026, 04:49 PM

Divine Hira Jewellers announced a reshuffle in its leadership team following its Board meeting on August 08, 2026. Mr. Niraj Hirachand Gulecha has resigned as Whole-time Director due to personal reasons, while Ms. Khushbu Niraj Gulecha has been appointed as Whole-time Director with effect from August 08, 2026, subject to shareholder approval. Additionally, Mr. Praful Suresh Vani was appointed as Company Secretary and Compliance Officer. The company has scheduled its 4th Annual General Meeting (AGM) for September 04, 2026, with a cut-off date of August 28, 2026.

Mr. Niraj Hirachand Gulecha resigned as Whole-time Director effective close of business hours on August 08, 2026.
Ms. Khushbu Niraj Gulecha appointed as Whole-time Director effective August 08, 2026, subject to AGM approval.
Mr. Praful Suresh Vani (ACS: 80960) appointed as Company Secretary & Compliance Officer effective August 08, 2026.
Secretarial Auditors M/s DMJ & Partners appointed for a 5-year term from FY 2026-27 to FY 2030-31.
Fourth Annual General Meeting scheduled for September 04, 2026, with a cut-off voting date of August 28, 2026.

💡 Track shareholder voting outcomes at the 4th AGM on September 04, 2026, regarding director appointments and the Q1 FY27 detailed financial filings.

Divine Hira Jewellers Announces Management Overhaul and 5-Year Auditor Appointment

🟡 NEUTRAL ⭐ 7/10

MANAGEMENT 📅 08 Aug 2026, 04:25 PM

Divine Hira Jewellers Limited has announced a significant reshuffle of its leadership and compliance team as of August 08, 2026. The board approved the appointment of Mr. Praful Suresh Vani as Company Secretary and Ms. Khushbu Niraj Gulecha as Whole-time Director, following the resignation of Mr. Niraj Hirachand Gulecha. Additionally, M/s DMJ & Partners has been appointed as Secretarial Auditors for a five-year term (FY 2026-27 to 2030-31). The board also approved the unaudited financial results for the quarter ended June 30, 2026.

Appointment of Mr. Praful Suresh Vani (ACS: 80960) as Company Secretary and Compliance Officer effective August 08, 2026.
Resignation of Mr. Niraj Hirachand Gulecha from the position of Whole-time Director effective August 08, 2026.
Appointment of M/s DMJ & Partners as Secretarial Auditors for a 5-year period spanning FY 2026-27 to 2030-31.
Ms. Khushbu Niraj Gulecha, a promoter-related individual with 5 years of experience, appointed as Whole-time Director.
4th Annual General Meeting scheduled for September 04, 2026, with a voting cut-off date of August 28, 2026.

💡 Investors should review the Q1 FY27 financial results (approved in this meeting) once fully disclosed to assess if the management changes correlate with operational performance.

Divine Hira Jewellers Appoints New WTD and CS; Schedules AGM for Sept 04, 2026

🟡 NEUTRAL ⭐ 6/10

BOARD_MEETING 📅 08 Aug 2026, 04:21 PM

Divine Hira Jewellers Limited has approved its unaudited financial results for the quarter ended June 30, 2026, and announced a significant management reshuffle. Ms. Khushbu Niraj Gulecha, who has over 5 years of experience in jewellery designing, has been appointed as a Whole-time Director, while Mr. Niraj Hirachand Gulecha has resigned from the same position. Additionally, Mr. Praful Suresh Vani has been appointed as the Company Secretary and Compliance Officer. The company has scheduled its 4th Annual General Meeting for September 04, 2026, with a voting cut-off date of August 28, 2026.

Appointment of Ms. Khushbu Niraj Gulecha as Whole-time Director effective August 08, 2026, bringing 5+ years of design experience.
Resignation of Mr. Niraj Hirachand Gulecha as Whole-time Director effective close of business on August 08, 2026.
Appointment of Mr. Praful Suresh Vani (ACS: 80960) as Company Secretary and Compliance Officer (KMP).
4th Annual General Meeting scheduled for September 04, 2026, with a cut-off date of August 28, 2026, for voting eligibility.
Appointment of M/s DMJ & Partners as Secretarial Auditors for a 5-year term from FY 2026-27 to 2030-31.

💡 Investors should review the detailed Q1 FY27 financial results to assess the company's current growth trajectory and monitor the leadership transition at the upcoming AGM.

Divine Hira Jewellers Approves Q1 Results and Appoints New Whole-time Director

🟡 NEUTRAL ⭐ 6/10

BOARD_MEETING 📅 08 Aug 2026, 04:18 PM

Divine Hira Jewellers Limited approved its unaudited financial results for the quarter ended June 30, 2026, during its board meeting on August 8, 2026. The company announced significant management changes, including the appointment of Ms. Khushbu Niraj Gulecha as a Whole-time Director and Mr. Praful Suresh Vani as Company Secretary. These appointments coincide with the resignation of Mr. Niraj Hirachand Gulecha from his role as Whole-time Director. The company has scheduled its 4th Annual General Meeting (AGM) for September 4, 2026.

Approved unaudited financial results for the quarter ended June 30, 2026
Appointed Ms. Khushbu Niraj Gulecha as Whole-time Director, bringing 5+ years of jewellery design experience
Appointed Mr. Praful Suresh Vani (ACS 80960) as Company Secretary and Compliance Officer effective August 8, 2026
Accepted the resignation of Mr. Niraj Hirachand Gulecha as Whole-time Director effective August 8, 2026
Scheduled the 4th Annual General Meeting for September 4, 2026, with a voting cut-off date of August 28, 2026

💡 Investors should review the detailed Q1 FY27 financial statements once fully released to compare performance against the Sep 2025 revenue of Rs 500.46 cr and monitor the impact of the new leadership on design and compliance.

Resignation of Company Secretary & Compliance Officer Jai Dilip Shrimankar

🟡 NEUTRAL ⭐ 4/10

MANAGEMENT 📅 01 Aug 2026, 09:27 PM

Divine Hira Jewellers Limited has announced the resignation of Mr. Jai Dilip Shrimankar from the post of Company Secretary and Compliance Officer (Key Managerial Personnel) effective August 01, 2026. The resignation is with immediate effect as the individual pursues new career opportunities. This follows a previous management transition involving the CFO's resignation in December 2025. The company, which reported a quarterly revenue of ₹500.46 crore in September 2025, is currently in the process of identifying a suitable replacement.

Resignation of Mr. Jai Dilip Shrimankar (ACS 52471) effective from closing business hours on August 01, 2026.
The exit is from a Key Managerial Personnel (KMP) position, specifically the Compliance Officer role.
Company reported a quarterly revenue of ₹500.46 crore and PAT of ₹3.12 crore for the period ending September 2025.
This is the second significant KMP exit following the CFO's resignation on December 18, 2025.
The company is currently identifying/hiring a suitable candidate to fill the vacancy.

💡 Investors should monitor the timeline for the appointment of a new Compliance Officer to ensure regulatory continuity and watch for any further turnover in the senior management team.

View All DIVINEHIRA Announcements on Live Market Tracking →

💰 Financial Performance

Financial analysis data not yet available for this company.

⚙️ Operational Drivers

Operational analysis data not yet available for this company.

📈 Strategic Growth

Products & Services

Jewelry products (implied by company name 'Divine Hira Jewellers Limited'), but specific product lines are not disclosed in available documents.

Brand Portfolio

Divine Hira Jewellers (implied by company name), but specific brand portfolios are not disclosed in available documents.

🌍 External Factors

External factors analysis not yet available for this company.

⚖️ Regulatory & Governance

Regulatory analysis not yet available for this company.

⚠️ Risk Analysis

Key Uncertainties

The resignation of the Chief Financial Officer (CFO) and Key Managerial Personnel (KMP), Mr. Ganesh Bhanudas Bhayde, effective December 18, 2025, introduces management transition risk. This vacancy in a critical financial leadership role could impact the company's financial oversight and reporting continuity until a suitable replacement is appointed.

Geographic Concentration Risk

The company's registered office is located in Zaveri Bazar, Mumbai, Maharashtra, suggesting a regional focus, but specific geographic revenue distribution is not disclosed in available documents.