JHS Svendgaard Retail Ventures Ltd

JHS Svendgaard Retail Ventures Ltd has announced the closure of its trading window for all insiders, including designated persons and their immediate relatives. The closure is effective from Thursday, October 1, 2026, and will remain in effect until 48 hours after the declaration of the un-audited financial results for the quarter and half-year ended September 30, 2026. This action is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's "Code of Conduct for Prevention of Insider Trading." The date for the Board meeting to consider these results will be intimated subsequently.

JHS Svendgaard Retail Ventures Ltd has informed the stock exchanges about the dispatch of its Annual Report for FY 2025-26 and the Notice for its 19th Annual General Meeting (AGM) to shareholders. For those whose email IDs are not registered, the company has provided web links and QR codes to access these documents on its website. The AGM is scheduled for September 29, 2026, to be held via Video Conferencing. The filing also serves as a reminder for shareholders to update their KYC details and dematerialize physical securities as per SEBI regulations.

JHS Svendgaard Retail Ventures Ltd has filed its Annual Report for the Financial Year 2025-26, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report, along with the Notice of the 19th AGM, is being disseminated electronically to members with registered email addresses. For members without registered emails, a letter with a web-link to the Annual Report is being sent. The report details corporate information, management discussions, board reports, corporate governance, and standalone and consolidated financial statements. The company highlights its strategy focused on strengthening foundations, sharpening priorities, and preparing for sustainable growth in India's retail sector, leveraging an asset-light, partnership-driven model. Key priorities include expanding presence in high-growth markets, broadening the brand portfolio, and enhancing operational efficiencies through technology.

JHS Svendgaard Retail Ventures Ltd has announced its 19th Annual General Meeting (AGM) will be held on September 29, 2026, at 1:00 PM IST via Video Conferencing (VC) / Other Audio-Visual Means (OAVM). The meeting agenda includes the adoption of audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026, the re-appointment of Mr. Nikhil Nanda as a director, and the approval for a waiver of interest receivable from Purple Rock Infra Private Limited on outstanding Optionally Convertible Debentures (OCDs) amounting to ₹13.50 crore. The cut-off date for e-voting is September 22, 2026, with remote e-voting available from September 26 to September 28, 2026.

JHS Svendgaard Retail Ventures Ltd announced that its Board of Directors, in a meeting held on August 29, 2026, approved several key decisions. These include the waiver of accrued interest on Optionally Convertible Debentures issued by Purple Rock Infra Private Limited, subject to member approval. The principal amount of ₹13.50 crore remains payable. The board also reconstituted the Audit Committee and approved the allotment of fully convertible warrants on a preferential basis to non-promoter category individuals. The meeting commenced at 12:15 PM and concluded at 03:45 PM.

JHS Svendgaard Retail Ventures Ltd has approved the allotment of 23,01,000 fully convertible warrants on a preferential basis to the non-promoter group. The warrants were issued at a price of ₹25 per warrant, with 25% of the issue price (₹6.25 per warrant) collected upfront, totaling ₹1,43,81,250. Each warrant is convertible into one equity share of face value ₹10 at a price of ₹25 within 18 months. This allotment does not change the company's paid-up share capital at this stage.

JHS Svendgaard Retail Ventures Ltd announced the resignation of Dr. Deepali Bhardwaj as an Independent Director, effective August 12, 2026. The resignation is attributed to her pre-occupancy with other commitments. Dr. Bhardwaj confirmed there are no other material reasons for her departure. The company has provided the necessary disclosures as per SEBI regulations.

JHS Svendgaard Retail Ventures Ltd has filed its Statement of Deviation and Variation for the quarter ended June 30, 2026. The company reported no deviation or variation in the utilization of funds raised through a Preferential Issue. The funds were raised on September 27, 2024 (₹38.85 crores) and March 5, 2025 (₹13.14 crores). The utilization reports indicate that the funds were allocated towards working capital, capital expenditure, enhancement of operational capabilities, and general corporate purposes, with no discrepancies noted for the reported quarter. The information is available on the company's website and has been approved by the Board of Directors.

JHS Svendgaard Retail Ventures Ltd has subscribed to 50,00,000 Optionally Convertible Debentures (OCDs) of Purple Rock Infra Private Limited, each with a face value of ₹10, totaling an investment of ₹5,00,00,000. The investment is a strategic move into the infrastructure sector to strengthen long-term business relations. The transaction falls under related party transactions but is conducted at arm's length. Purple Rock Infra Private Limited was incorporated on March 10, 2024, with an authorized and paid-up capital of ₹10,00,000. The completion of this investment is expected within 60 days. Currently, JHS Svendgaard does not hold any shareholding in Purple Rock Infra.

JHS Svendgaard Retail Ventures Ltd announced the appointment of Mrs. Richa Sood and Mr. Mukul Pathak as Additional Independent Directors. The appointments were approved by the Board of Directors on August 13, 2026, based on the recommendation of the Nomination and Remuneration Committee. Both directors will serve for a term of five years, subject to shareholder approval. They have been confirmed to meet the independence criteria as per SEBI and Companies Act regulations. The Nomination and Remuneration Committee has also been reconstituted to include the new directors.