Date: 18th August, 2026
Award Recognition
Vaibhav Global Limited (VGL) has been honored with the India Risk Management Award for Best-in-Class Risk Management under the Mid Cap Category. The award was announced on August 18, 2026.
Award Significance
The recognition underscores VGL's commitment to building a robust and resilient organization through a comprehensive approach to enterprise risk management, governance and business continuity. The award acknowledges the Company's efforts in proactively identifying, assessing and mitigating risks while embedding risk awareness across its operations.
Management Commentary
CFO Mr. Nitin Panwad stated: "We are honoured to receive the India Risk Management Award for Best-in-Class Risk Management in the Mid Cap category. This recognition reflects our continued focus on strengthening resilience, governance and preparedness across the organisation. We remain committed to embedding a proactive risk culture that enables us to navigate uncertainty effectively while creating sustainable, long-term value for all our stakeholders."
Company Background
Vaibhav Global Limited is a vertically integrated global retailer of fashion jewellery and lifestyle products listed on Indian stock exchanges (BSE: 532156, NSE: VAIBHAVGBL, ISIN - INE884A01027). VGL is an omni-channel E-tailer with direct access to approximately 141 million households (FTE) through its TV home shopping networks - Shop LC in US, Shop TJC in UK and Shop LC in Germany. The Company's ecommerce websites www.shoplc.com (US), www.tjc.co.uk (UK) and www.shoplc.de (Germany) complement TV coverage and diversify customer engagement.
Corporate Social Responsibility
Through its flagship midday meal program 'Your Purchase Feeds…' where a meal is provided for every piece sold at the retail channels, the Company has provided over 75 million meals in US, UK, Germany, and India at a run rate of 50,000 meals being donated every school day since program's inception.