- Business
- Swasti Vinayaka Art and Heritage Corporation Limited manufactures and sells carvings of precious and semi-precious stones, paintings, jewellery, and related artifacts including gemstone sculptures; it also trades diamonds and precious stones, organizes events such as the Ganesha Festival, engages in real estate ventures in Mumbai, receives compensation against property, and makes long-term investments in blue-chip stocks using fundamental and in-house technical analysis. The company operates primarily in India, targeting customers in the gems, jewelry, art, and heritage sectors. Incorporated in 1985 and headquartered at 303 Tantia Jogani Industrial Estate, J.R. Boricha Marg, Lower Parel, Mumbai, Maharashtra 400011, India, it lists on the BSE under ticker 512257. Recent developments include board changes with appointments and resignations of directors and auditors in August 2025, submission of unaudited financial results showing net sales of Rs 9.96 crore for June 2025 (up 91.89% year-over-year) and profit growth to Rs 3.65 crore trailing twelve months, an increase in net debt to Rs 14.84 crore as of September 2025, and the 39th Annual General Meeting scheduled for September 29, 2025, alongside book closure and e-voting announcements.