Aurus Gem Corp., previously known as Lypsa Gems, has announced a board meeting on May 27, 2026. The meeting will focus on presenting the audited financial results for the fiscal year ending March 31, 2026, along with the Auditor's Report.

The securities watchdog, SEBI, has imposed a fine of INR 18L on Lypsa Gems due to breaches in listing obligations and trading regulations. The company is currently investigating potential legal options in response to the penalty issued on April 16, 2026.

Lypsa Gems has been issued a regulatory decision by SEBI, under Section 15 I. The jewellery company is currently assessing the order and preparing to implement appropriate actions in response.