Key Decisions and Approvals:

1. Unaudited Standalone Financial Results: The Board considered and approved the unaudited standalone financial results for the quarter ended June 30, 2026.

2. Limited Review Report: The Board reviewed the Limited Review Report issued by statutory auditors Walker Chandiok & Co LLP on the unaudited financial results for the quarter ended June 30, 2026.

3. Final Dividend Recommendation: The Board recommended a final dividend of ₹0.75 (Rupees Seventy Five Paisa Only) per equity share (37.5% on face value of ₹2 each) for FY 2025-26, subject to shareholder approval at the ensuing Annual General Meeting. The record date for dividend payment is fixed as August 28, 2026.

4. AGM Notice: The Board approved the notice of the 38th Annual General Meeting of the company.

5. Management Re-appointments:

  • Re-appointment of Mr. Vijay Bansal as Chairman and Managing Director for 5 years effective April 1, 2027 to March 31, 2032, subject to shareholder approval.
  • Re-appointment of Mr. Deepak Bansal as Whole-Time Director for 5 years effective April 1, 2027 to March 31, 2032, subject to shareholder approval.

Financial Results Highlights (Standalone, ₹ in Lakhs):

Quarter Ended June 30, 2026 (Unaudited):

  • Revenue from operations: ₹17,882.19
  • Other income: ₹294.94
  • Total income: ₹18,177.13
  • Total expenses: ₹16,096.28
  • Profit before tax: ₹2,080.85
  • Tax expense: ₹448.11 (Current tax: ₹735.04, Deferred tax: ₹(271.28), Prior period adjustment: ₹(15.65))
  • Profit for the period: ₹1,632.74
  • Other comprehensive income: ₹1.70
  • Total comprehensive income: ₹1,634.44
  • Basic and diluted EPS: ₹1.95

Comparative Figures:

  • Quarter Ended March 31, 2026 (Unaudited): Revenue ₹25,346.24, Net profit ₹2,923.46, EPS ₹3.50
  • Quarter Ended June 30, 2025 (Unaudited): Revenue ₹15,867.57, Net profit ₹1,467.20, EPS ₹1.75
  • Year Ended March 31, 2026 (Audited): Revenue ₹85,255.36, Net profit ₹9,575.30, EPS ₹11.45

Director Profiles:

  • Mr. Vijay Bansal: Chairman and Managing Director with 37 years of experience, responsible for overall management and strategic planning.
  • Mr. Deepak Bansal: Whole-Time Director with over 20 years of experience in retail apparel, responsible for retail operations and marketing strategies.

Relationships Between Directors:

  • Mr. Deepak Bansal is the son of Mr. Vijay Bansal
  • Mr. Basant Goyal is brother-in-law of Mr. Deepak Bansal

Additional Information:

  • The financial results were prepared in accordance with Indian Accounting Standards (Ind AS)
  • The company operates in a single business segment: "Retail"
  • The figures for quarter ended March 31, 2026 are balancing figures between audited annual results and unaudited nine-month results
  • The results have been filed with BSE and NSE under Regulation 33 of SEBI (LODR) Regulations

Auditor's Review:

Walker Chandiok & Co LLP conducted a limited review and found no material misstatements in the financial results prepared in accordance with Ind AS 34.