Garment Mantra Lifestyle Ltd

Garment Mantra Lifestyle Ltd has submitted its Annual Report for the financial year ended March 31, 2026, in compliance with SEBI (LODR) Regulations, 2015. The filing also includes the notice for the company's 15th Annual General Meeting (AGM) scheduled for September 26, 2026, at 11:00 a.m. at Swaad Mantra Hotels and Restaurants, Tirupur. The AGM agenda includes the adoption of audited financial statements (standalone and consolidated) for FY26, the reappointment of Mrs. Shikha Aggarwal as a Director, and the ratification of remuneration for the Cost Auditor for FY27.

Garment Mantra Lifestyle Ltd has announced that its 15th Annual General Meeting (AGM) will be held on Saturday, September 26, 2026, at 11:00 a.m. The meeting will take place at Swaad Mantra Hotels and Restaurants in Tirupur. The company also submitted its Annual Report for the Financial Year 2025-26. Key agenda items include the adoption of audited financial statements (standalone and consolidated) for FY26, the reappointment of Mrs. Shikha Aggarwal as a director, and the ratification of remuneration for the cost auditor for FY27.

Garment Mantra Lifestyle Ltd's Board of Directors, in a meeting held on July 28, 2026, approved the withdrawal of its capital contribution in Twenty Twenty Trading LLP. The total investment to be withdrawn aggregates to ₹37,000. The buyer for this transaction is Mrs. Shikha Aggarwal, who is part of the promoter group. The company clarified that this is a related party transaction, but it is being conducted at arm's length. The LLP did not contribute to the company's turnover, revenue, income, or net worth in the last financial year ending March 31, 2026. The completion of this divestment is expected within six months from July 28, 2026.

Garment Mantra Lifestyle Ltd has submitted a statement of deviation, approved by its audit committee, for the utilization of funds raised through a Rights Issue of partly paid equity shares on May 21, 2026. The company reported no deviation or variation in the utilization of the ₹46.98 crore raised. A total of ₹46.14 crore was received after accounting for forfeitures. The shortfall in proceeds was adjusted against General Corporate Purposes, and partly paid shares were forfeited. The report covers the quarter ended June 30, 2026.

Garment Mantra Lifestyle Ltd announced the appointment of Mr. B. Venkateshwar as the company's Cost Auditor for the financial year 2026-27. This decision was approved by the Board of Directors during their meeting held on July 28, 2026. The board also approved the unaudited financial results for the quarter ended June 30, 2026, along with the limited review report. Additionally, the Cost Audit Report for the financial year 2025-26 was approved. The company also noted that the trading window for designated persons will remain closed until July 30, 2026.

Garment Mantra Lifestyle Ltd announced its financial results for the first quarter of FY27, ending June 30, 2026. The company reported a consolidated revenue from operations of ₹6,197.24 Lakhs, a significant increase of 66.77% year-on-year compared to ₹3,716.10 Lakhs in Q1 FY26. EBITDA grew by 5.27% to ₹439.76 Lakhs from ₹417.73 Lakhs in the same period last year. Profit After Tax (PAT) stood at ₹279.01 Lakhs, marking a 12.82% increase from ₹247.31 Lakhs in Q1 FY26. The company highlighted a strong order book of approximately ₹235 crore, with over ₹230 crore in confirmed export orders, providing good revenue visibility. Management expressed confidence in sustaining growth and improving profitability.

Garment Mantra Lifestyle Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The board of directors approved both standalone and consolidated results during their meeting held on July 28, 2026. The company also approved the cost audit report for FY26 and appointed Mr. B. Venkateswar as the Cost Auditor for FY27. The limited review report from the auditors on the standalone and consolidated results was also approved. The trading window for designated persons will remain closed until July 30, 2026.

Garment Mantra Lifestyle Ltd announced that its board of directors, in a meeting held on July 28, 2026, approved the unaudited financial results for the quarter ended June 30, 2026. The results were approved on both standalone and consolidated bases. The board also approved the cost audit report for FY2025-26 and appointed Mr. B. Venkateswar as the Cost Auditor for FY2026-27. The company will publish the extract of the financial results on its website and the stock exchange website. The trading window for designated persons will remain closed until July 30, 2026.

Garment Mantra Lifestyle Ltd has announced that its Board of Directors will convene on July 28, 2026. The primary agenda item is to consider and approve the unaudited financial results, both standalone and consolidated, for the quarter ended June 30, 2026. The company has also informed that the trading window for designated persons will remain closed until 48 hours after the disclosure of these financial results.

Garment Mantra Lifestyle Limited has announced the launch of its 'Aadi & Onam Bonanza', a festive collection for men, women, and children, available from July 1st to July 31st, 2026. This initiative targets the South Indian market, including Tamil Nadu, Kerala, Karnataka, Andhra Pradesh, and Telangana, through its extensive network of distributors and retailers. The company aims to capitalize on the significant business opportunity presented by the festive season in South India, emphasizing quality garments, strong manufacturing capabilities, and a well-established distribution network. Managing Director Mr. Prem Aggarwal expressed confidence in serving channel partners efficiently and highlighted the company's commitment to product innovation, quality, and market presence.