Go Fashion (India) Ltd

AGM notice, e-voting, report access

• Go Fashion announces 16th AGM on Sept 8, 2026 via VC/OAVM.
• E-voting window: Sept 4–7, 2026, 9:00–17:00 IST.
• Cut-off date for e-voting: Sept 1, 2026.
• Annual Report and AGM notices accessible on company, KFIN, BSE, and NSE websites.
• Shareholders with unregistered emails receive Annual Report via weblink; materials accessible online.
• Shareholders to update KYC details with DP (address, email, PAN, bank details).
• RTA: KFin Technologies Limited handles share registry.

Encumbrance creation on promoter shares

• Event: Creation of pledge on Rahul Saraogi's Go Fashion shares.
• Company: Go Fashion (India) Limited.
• Encumbrance: Pledge created; 16,25,000 shares encumbered.
• Total encumbered after event: 38,30,000 shares (7.28%).
• Pre-encumbrance encumbered: 22,05,000 shares (4.19%).
• Promoter: Rahul Saraogi; Lender/Trustee: Bajaj Financial Securities Limited.
• Reason: borrowings personal.
• Date of creation: 13-08-2026.
• End use of funds: not disclosed.

AGM Details

• 16th AGM on 08 Sep 2026 at 10:00 AM via VC/OAVM.
• Book closure from 02 Sep 2026 to 08 Sep 2026.
• Record date/cut-off: 01 Sep 2026.
• Remote e-voting period: 04 Sep 2026 to 07 Sep 2026.

Ordinary Resolutions

• Adoption of standalone financial statements for FY2025-26 (Ordinary).
• Re-appointment of Vinod Kumar Saraogi by rotation as director.

Director Changes

• Vinod Kumar Saraogi to be re-appointed as director by rotation.

Overview

• Standalone BRSR for FY2025-26 by Go Fashion (India) Ltd; main activity is retail trading of Go Colors garments.
• Main activity accounts for 100% of turnover; retail sale of readymade garments under Go Colors.
• Reporting boundary is standalone; no consolidation with other entities.
• Operations include 2 plants and 2 offices in India; markets span 21 states and 4 union territories.
• Exports contribute 0.067% of turnover.

Key ESG Risks & Opportunities

• Opportunities: energy conservation reduces costs and lowers Scope 2 emissions.
• Opportunities: digitisation improves inventory management and consumer engagement.
• Opportunities: sustainable products and direct supplier relationships strengthen resilience.
• Opportunities: ESG oversight by Board enhances governance and accountability.
• Risks: health and safety hazards across stores and warehouses.
• Risks: human rights considerations in a largely female workforce; POSH and Staff Welfare in place.
• Risks: regulatory/compliance exposure; internal controls mitigate potential penalties.

Governance & Policy Highlights

• Board and Risk Management Committee oversee ESG; senior management implements sustainability.
• Policies include anti-bribery, whistleblower, POSH, and human rights; board-approved.
• Zero-tolerance anti-bribery policy; reinforced by Code of Conduct.
• Whistleblower, Staff Welfare and POSH committees support compliance.
• No penalties or regulator actions reported in FY2025-26.
• Board size seven; 28.6% of directors are women.

Social Responsibility & Workforce

• Total employees: 4,771; 2,199 male and 2,572 female; permanent staff only.
• Permanent staff turnover: 61% male, 78% female; total 61%.
• LTIFR for FY2025-26: NIL; no reported injuries.
• Return-to-work after parental leave: female 66.67%; retention 19.05%.
• Well-being spend: 2.76% of revenue on employee welfare measures.
• Training coverage: 86% overall; 83% health/safety; 86% skill upgradation.
• Grievance mechanisms include Staff Welfare Committee, POSH Committee, Complaint Box, and Whistle Blower Policy.

Environmental Performance

• Total energy consumption: 38,680.61 GJ; Scope 1 32.74 tCO2e; Scope 2 7,644.13 tCO2e.
• Total energy intensity: 9.16 tCO2e per turnover; PPP-adjusted 1.84.
• Scope 3 emissions: 166.3 tCO2e, reported only for business air travel.
• LED lighting upgrades and rooftop solar at the Corporate Office reduce energy use.
• Water withdrawal: 65,031.84 kL; third-party sources; water intensity 7.76 per turnover.
• Waste: plastic 165.08 MT disposed; other non-hazardous waste 422.67 MT; total 587.75 MT.

Stakeholder Engagement & Complaints

• Stakeholders: consumers, employees, communities, investors, supply chain, regulators.
• Engagement channels include emails, website, and periodic meetings; ongoing dialogues.
• Customer complaints FY2025-26: 3,758; pending resolutions NIL; most cases resolved subsequently.
• Data privacy/cybersecurity: 0 data breaches; privacy policy in place.
• Shareholders: NIL complaints FY2025-26; 1 filed in FY2024-25 and resolved.

Other Notable Metrics

• Direct sourcing from MSMEs: 33.56% of inputs; 92.24% sourced within India.
• CSR: 35 projects; 18,891 beneficiaries; diverse programs across health, education, and empowerment.
• Advertising complaints FY2025-26: 38; product delivery complaints: 3,212; product quality: 546.
• Data privacy framework in place; no penalties in FY2025-26.
• Compliance: no adverse anti-competitive orders; member associations include Apparel Export Promotion Council and Retailers' Association of India.

Book closure and AGM

• Book closure for equity shares from 02-09-2026 to 08-09-2026 (inclusive).
• Purpose: 16th AGM for year 2025-26.
• AGM date: 08 September 2026.
• Security: Equity shares.

AGM Details

• AGM scheduled for Sep 8, 2026 at 10:00 AM via VC/OAVM.
• Book closure: Sep 2–Sep 8, 2026 (inclusive).
• Cut-off date: Sep 1, 2026.
• Remote e-voting window: Sep 4, 2026 to Sep 7, 2026.

Key Resolutions

• Ordinary: Adoption of standalone financial statements and directors' report.
• Ordinary: Re-appointment of Vinod Kumar Saraogi by rotation.
• Special (postal ballot): Appointment of Sakshi Chopra as Independent Director.

Voting Results

• Sakshi Chopra appointment via postal ballot approved; 99.998% in favour.
• Adoption of financial statements: outcome not disclosed in filing.
• Re-appointment of Vinod Kumar Saraogi by rotation: outcome not disclosed.

Dividend

• Dividend proposed/approved for FY2025-26: none.

Director Changes

• Ms. Sakshi Chopra appointed Independent Director; term 2025–2030; effective 17 Nov 2025.
• Mr. Vinod Kumar Saraogi appointed Non-Executive Non-Independent Director; effective 1 Aug 2025.

Auditors

• Statutory Auditors: Price Waterhouse Chartered Accountants LLP; tenure to 19th AGM; total fees ~62.01 lakh.
• Secretarial Auditors: Sridharan & Sridharan Associates; 5-year term from 15th AGM subject to approval.
• Internal Auditors: Mohan & Venkataraman LLP; appointed for FY2025-26.

Material Related Party Transactions

• Meridian Global Ventures Private Limited: rent/other expenses ~229.74 lakh; security deposit 72.00 lakh.
• AVA Living LLP: purchase of property/plant equipment ~6.23 lakh.
• Pushpa Devi Saraogi: remuneration to employee ~28.80 lakh.

Other Material Approvals

• Buyback completed: 14.13 lakh shares at Rs 460; total ~6,499.80 lakh; settled 20 Feb 2026.

Meeting details

• Date and time: July 30, 2026 at 17:00 IST.
• Type and mode: Virtual audio conference call with Analysts/Investors.
• Event/conference: Q1 FY2026-27 Earnings Call; organizer Go Fashion (India) Limited.
• Key participant: Company Secretary & Compliance Officer.
• Purpose: Earnings call for Q1 FY2026-27; Regulation 30 disclosure.
• Availability: Audio recording on company website.