Vashishtha Luxury Fashion Ltd

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.

Vashishtha Luxury Fashion Limited announced that its design received international recognition through the Met Gala 2026 event. A custom look, created in collaboration with Harbison Studio and featuring an "Encrusted Yves Klein Bodysuit," was worn by Tony Award nominee Joshua Henry. The company executed the bodysuit embroidery using high-density hand embroidery and mixed sequins. This event has provided the company with international visibility and strengthens its position in the global luxury fashion and couture embroidery segment.

Vashishtha Luxury Fashion Ltd. has received international recognition through its association with the upcoming movie 'The Devil Wears Prada 2'. The company designed and manufactured an oxblood sequin skirt for Galvan London, worn by actress Simone Ashley in the movie. This is expected to enhance the company's global visibility and strengthen its brand value in the luxury fashion segment.

Vashishtha Luxury Fashion Ltd's board approved material related party transactions with Vashishtha Embroideries Private Limited and Anas Embroideries, subject to member approval via postal ballot. The board also approved revisions to the remuneration of Managing Director Ravindra Dhareshivkar and Executive Director Mustak Odiya, also subject to shareholder approval. A postal ballot notice was approved, with a cut-off date of May 8, 2026, and M/s R.B. Tanna & Associates was appointed as scrutinizer for the postal ballot process. National Securities Depository Limited (NSDL) was appointed for providing remote e-voting facility.

Vashishtha Luxury Fashion Ltd, with NSE Symbol NOTLISTED and BSE Scrip Code 544508, has announced the closure of its trading window. The closure will be effective from Wednesday, April 01, 2026, till 48 hours after the declaration of Audited Standalone and Consolidated Financial Results for the half year and Financial year ended on 31st March, 2026. This decision is in accordance with the Code of Conduct for Prevention of Insider Trading under the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. All designated persons of the Company and their immediate relatives are advised not to enter or deal in Equity Shares of the Company during this period.

Vashishtha Luxury Fashion Limited has received international recognition as its creative work has been featured in Vogue Italia, a renowned fashion publication. The feature highlights the company's creative styling and craftsmanship in collaboration with the Victoria Beckham team. Rebecca, a senior designer with the Victoria Beckham team, supported and acknowledged the company's creative work. This recognition reflects the company's continued focus on creativity, quality, and design excellence, further establishing its presence in the global fashion industry.