Eighty Jewellers Limited has announced the re-appointment of its Managing Director, Mr. Nikesh Bardia, and Whole-Time Director, Mr. Nitin Kumar Bardia. Additionally, the board has approved the re-appointment of Independent Directors Mr. Rishabh Jain and Mr. Pawan Bardia. These re-appointments are for a further term of five (5) years, effective from December 06, 2026, and are subject to shareholder approval. The company has provided detailed disclosures regarding these appointments as per SEBI regulations.
Key Leadership Appointments Approved
Eighty Jewellers Limited has informed the stock exchanges of significant re-appointments within its board of directors. At a meeting held on Tuesday, September 1, 2026, the Board of Directors approved the continuation of key leadership roles, enhancing governance and operational stability for the company.
Managing Director and Whole-Time Director Re-appointments
Mr. Nikesh Bardia (DIN: 01008682) has been re-appointed as the Managing Director for a further term of five (5) years. Concurrently, Mr. Nitin Kumar Bardia (DIN: 01515731) will continue as the Whole-Time Director for another five-year term. Both appointments are set to commence from December 06, 2026, subject to the necessary approvals from the shareholders of the Company. Their roles are critical to the company’s strategic vision and business expansion efforts.
Independent Directors Retained
The Board also approved the re-appointment of two Independent Directors: Mr. Rishabh Jain (DIN: 09404882) and Mr. Pawan Bardia (DIN: 09405197). These re-appointments are also for a term of five (5) years, effective from December 06, 2026, pending shareholder approval. These directors bring valuable expertise in finance, governance, and industry knowledge to the board.
Professional Backgrounds
Brief profiles highlight the extensive experience of the re-appointed directors. Mr. Nikesh Bardia possesses nearly 18 years of experience in the diamond and jewellery industry. Mr. Nitin Kumar Bardia is an MBA graduate with over two decades of experience, focusing on financial strategy and business development. Mr. Rishabh Jain is a Chartered Accountant with a Master’s degree in Commerce and expertise in financial markets, auditing, and corporate governance. Mr. Pawan Bardia, with over six years of experience in accounting and financial management, plays a key role in supporting governance and shaping policies.
Regulatory Compliance
The disclosures as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, have been provided. All re-appointed directors have confirmed they are not debarred from holding the office of Director by virtue of any SEBI order or any other such authority. Relationships between directors have also been disclosed, noting that Mr. Nikesh Bardia is the brother of Mr. Nitin Kumar Bardia.
Source: BSE
