Garment Mantra Lifestyle Ltd

AGM Details

• Date, time, and mode: 26 September 2026 at 11:15 AM, physical AGM.
• Venue: Swaad Mantra Hotels and Restaurants, Tirupur.

Key Resolutions

• Adopt Audited Financial Statements for year ended 31 March 2026.
• Reappointment of Shikha Aggarwal Prem as director; retires by rotation.
• Ratify cost auditor remuneration for FY 2026-27.

Voting Results

• Resolution 1 passed; 99.99% in favour, 0.00% against.
• Resolution 2 passed; 97.03% in favour, 2.97% against; two abstentions (10,113 shares).
• Resolution 3 passed; 100% in favour; no against.

Dividend

• No dividend proposed or approved.

Director Changes

• Reappointment of Shikha Aggarwal Prem as director.

Auditor Actions

• Cost auditor remuneration ratified for FY 2026-27.

Material Related Party Transactions

• No material related party transactions disclosed.

Other Material Approvals

• No other material approvals disclosed.

Garment Mantra Lifestyle Ltd — Closure of Trading Window

AGM Details

• AGM held on 26 September 2026 from 11:15 am to 11:45 am.
• Venue: Swaad Mantra Hotels, Tirupur.
• E-voting conducted 23–25 September 2026.

Key Resolutions

• Ordinary: adoption of Audited Financial Statements for year ended 31 March 2026.
• Special: ratification of remuneration payable to cost auditor for 2026-27.
• Ordinary: reappointment of director retiring by rotation.

Voting and Results

• Results to be announced within two working days of AGM.
• No show-of-hands voting; ballot process used.

Director Changes

• Director retiring by rotation offered for reappointment.

Tirupur office opening

• Garment Mantra Lifestyle opened a dedicated Tirupur office for Corporate Apparel and White-Label segments.
• Office includes a separate warehouse of about 5,000 square feet.
• Separate teams will manage Corporate and White-Label activities, including sourcing and design.
• Dedicated design team and stock area support faster order fulfilment.
• Move strengthens presence, customer engagement, and growth in domestic and international markets.
• Tirupur setup aims to improve sourcing, product development, and delivery responsiveness.

Export order win and backlog

• Export order from Zaara Overseas F.Z.E. valued at Rs 103.70 million.
• Order comprises polyester printed fabrics and cotton embroidery made-up dress materials.
• Execution scheduled by January 20, 2027.
• Unexecuted order book stands at approx Rs 2300 million.
• Order is not related-party; promoter group has no interest.
• Management highlights focus on export growth and timely delivery.

Order details

• Awarding entity: Zaara Overases F.Z.E. (International entity).
• Nature and scope: Export order for Polyester Printed Fabrics and Cotton Embroidery Madeups Dress Material.
• Order value: ~103.70 Million Rs. (10,80,920 USS).
• Execution deadline: January 20, 2027.
• Promoter/related party: No promoter interest; not a related party transaction.
• Revenue impact: Provides revenue visibility for remainder of the financial year.
• Delivery schedule: Orders to be delivered progressively and completed by December 31, 2026.

AGM & Governance

• 15th AGM on 26 Sep 2026 at Tirupur.
• Agenda includes adoption of standalone and consolidated financials.
• Shikha Aggarwal to be reappointed as Director.
• Cost Auditor remuneration capped at Rs 50,000 plus tax for 2026-27.
• AGM notices provide remote e-voting details; meeting is physical.

Financial Highlights – Standalone

• Revenue from operations: 10,536.01 Lakhs.
• Total income: 10,929.39 Lakhs.
• Net profit after tax: 312.43 Lakhs.
• EPS (standalone): 0.08; dividend not declared.

Financial Highlights – Consolidated

• Consolidated revenue from operations: 26,202.36 Lakhs.
• Consolidated total income: 26,996.76 Lakhs.
• Consolidated net profit after tax: 447.49 Lakhs.
• Consolidated EPS: 0.13; exceptional items: 195.11 Lakhs.

Capital & Shareholding

• Rights issue raised Rs 37.34 Crores; equity capital increased.
• End-March 2026 equity: Rs 5,138.45 Lakhs; fully paid-up shares: 44,44,60,075.
• Promoter holding: 12.42% as of 31 March 2026.

Subsidiaries & Investments

• Subsidiaries: Hylex Fashion Private Limited (100%); Twenty Twenty Trading LLP.
• FY26 included disinvestment from Twenty Twenty LLP.

Board & Governance

• Board: 5 directors, 3 Independent; MD and WTD.
• Board meetings: 7; Audit Committee: 5; NRC: 1; Stakeholders: 1.
• Independent Directors’ familiarization programs on the website.

Dividend, Reserves & Capital Structure

• Dividend for FY26: not declared to conserve reserves.
• Right issue-related reserves: detailed in notes; transfers to reserves during FY26.

Outlook & Risks

• Management cites export demand pipeline and improving domestic demand.
• Risks include raw material price volatility and FX fluctuations.

Audit & Compliance

• Statutory Auditors: Balaji & Thulasiraman; no fraud reported.
• Secretarial Compliance: annual report contains annexures; PCS observations addressed.
• Related party transactions reviewed quarterly; no material party transactions.