Vashishtha Luxury Fashion Ltd

Vashishtha Luxury Fashion Ltd has released its annual report for the financial year 2025-2026. The company reported a significant strengthening of its financial position, with total equity reaching ₹1,517.32 lakhs as of March 31, 2026, a substantial increase from ₹528.25 lakhs in the previous year. During the fiscal year, the company achieved a turnover of ₹1,429.12 lakhs and a net profit of approximately ₹200 lakhs. The report also details the upcoming 4th Annual General Meeting scheduled for September 22, 2026, and highlights the company's successful listing on the BSE SME Platform on September 15, 2025, which has enhanced its visibility and access to capital markets. The company emphasizes its commitment to corporate governance and transparency.

Vashishtha Luxury Fashion Ltd's Board of Directors met on August 25, 2026, approving the Directors' Report for FY26. The board also approved the appointment of M/s SMNK & Co. as Statutory Auditors for a five-year term, subject to shareholder approval. The notice for the 4th Annual General Meeting (AGM) on September 22, 2026, was approved, along with the closure of the Register of Members and Share Transfer Books from September 16 to September 22, 2026. M/s R.B. Tanna & Associates was appointed as the Scrutinizer for the e-voting process.

Vashishtha Luxury Fashion Ltd announced that its Board of Directors, in a meeting held on August 25, 2026, approved the Directors' Report for the financial year ended March 31, 2026. The board also approved the appointment of M/s SMNK & Co. as Statutory Auditors for a five-year term, subject to shareholder approval. The notice for the 4th Annual General Meeting (AGM), scheduled for September 22, 2026, was also approved. The Register of Members and Share Transfer Books will be closed from September 16 to September 22, 2026, for the AGM. M/s R.B. Tanna & Associates has been appointed as the Scrutinizer for the remote e-voting process.

Vashishtha Luxury Fashion Limited announced the approval of the sale of its immovable property located in Vikhroli, Mumbai, for a total consideration of ₹22.30 Crores. The property, measuring 1096 sq. ft., is being sold to ASAP Fluids Private Limited. The company stated that the property is not primarily required for its business operations and the sale aims to optimize asset utilization. A token amount of ₹11,00,000 has already been received, with the balance to be paid upon execution of the Sale Deed, expected within 90 days of the MOU. The Board meeting where this was approved concluded on August 12, 2026.

Vashishtha Luxury Fashion Ltd has announced the purchase and import of a KSA SINSIM-906+106 Multihead Flat Embroidery Machine from Zhejiang Xinsheng Technology Corp., Ltd., China. The acquisition, costing USD 59,000, is part of the company's capital expenditure program aimed at boosting embroidery manufacturing capacity, enhancing operational efficiency, and meeting growing customer demands. This new machinery has been integrated into the company's fixed assets and represents an investment in the expansion and modernization of its manufacturing operations.

Vashishtha Luxury Fashion Limited has responded to the BSE's query regarding a significant movement in its share price. The company stated that it is in compliance with SEBI regulations and regularly discloses material information. Vashishtha Luxury Fashion clarified that there is no pending price-sensitive information that could explain the stock's price behavior. The company attributes the movement purely to market-driven factors and is unaware of any specific reasons contributing to it. They assured the exchange that all required disclosures will be made as and when necessary.

Vashishtha Luxury Fashion Ltd. confirms no deviation or variation in the use of IPO proceeds for the half year ended March 31, 2026, as per Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The audit committee reviewed and the board recorded the statement on May 29, 2026.

Vashishtha Luxury Fashion Ltd. announced the approval of audited standalone and consolidated financial results for the half year and year ended March 31, 2026, along with the appointment of M/s. RGGR & Associates LLP as the Internal Auditor for the financial year 2026-2027. The decision was made during the Board of Directors meeting held on May 29, 2026. The audited results are available on the company's website.

Vashishtha Luxury Fashion Ltd announced that its couture garment, featuring exquisite embroidery craftsmanship, was showcased at the Cannes Film Festival 2026. The custom gown, created for Mary Katrantzou and worn by actress Gillian Anderson, featured sculptural embroidery developed by Vashishtha. The design incorporated handcrafted sequin work, reflective layering, contour detailing, and dimensional wave formations. This event has provided the company with significant international visibility and strengthens its position in the global luxury fashion and couture embroidery segment.

Vashishtha Luxury Fashion Ltd has scheduled a Board of Directors meeting on May 29, 2026, to consider and approve the audited financial results (standalone and consolidated) for the half year and financial year ended March 31, 2026. The trading window for dealing in the company's securities will remain closed from April 1, 2026, until 48 hours after the declaration of the audited financial results.