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Sky Gold and Diamonds Limited (SKYGOLD) announced on 26th June 2025 that its Board of Directors approved the allotment of equity shares:

• The company allotted 2,07,000 equity shares of face value ₹10 each following the conversion of an equal number of convertible warrants. These warrants were originally issued on a preferential basis at an issue price of ₹1,017 per warrant. The balance 75% (₹762.75 per warrant) was received, amounting to a total of ₹15,78,89,250 from the allottees, who are from the Promoter Category.
• Concurrently, an additional 18,63,000 equity shares were allotted under a bonus issue. This bonus issue, approved on 26th November 2024 via postal ballot, is in the proportion of 9:1, meaning 9 new fully paid-up equity shares of ₹10 each for every 1 existing fully paid-up equity share of ₹10 each.
• As a result of these allotments, the company's paid-up capital has increased from ₹1,46,69,88,100 (14,66,98,810 equity shares) to ₹1,48,76,88,100 (14,87,68,810 equity shares). The new equity shares will rank pari passu with the existing shares.

Sky Gold and Diamonds Limited's Board of Directors has approved the acquisition of an entity in Dubai, UAE, instead of incorporating a new one. This strategic move aims to achieve faster access to the UAE market and strengthen the company's exports to the Middle East. The key details of the acquisition are:

• The target entity is M/s. SKY SOUK JEWELLERY TRADING L.L.C.
• It will be a Wholly Owned Subsidiary (WOS) of Sky Gold and Diamonds Limited.
• The proposed capital for the acquisition is approximately up to ₹12 Lakhs.
• The entity has not yet commenced business, so turnover is not applicable.
• The acquisition involves 100% subscription to the share capital in cash, at face value.
• The primary object is to identify business opportunities, promote the company's products throughout the Middle East, and facilitate communication with local clients.
• The indicative time period for completion of the acquisition is 2-3 months, subject to relevant approvals, including general trade licenses.