Governance Neutral

2026-07-09 16:45

- Appointment of Ms. Priya Grover as the Company Secretary and Compliance Officer (Key Managerial Personnel). - Approved by the Board of Directors on July 09, 2026, effective from the same date.

Governance Positive

2026-07-04 18:10

- Ethos Limited's Postal Ballot results, dated July 04, 2026, show shareholders approved the appointment of Mr. Munish Gupta as a Director (99.91% in favour) and as Whole-time Director, Executive Director & CFO for 3 years (99.93% in favour). All resolutions passed.

Business Update Positive

2026-07-02 14:35

- Ethos Limited will host the prestigious Grand Prix d'Horlogerie de Genève (GPHG) Exhibition in Mumbai, India. - The exhibition, known as the "Oscars of Watchmaking," will take place from September 28 to October 1. - This event is a significant milestone for India's luxury watch industry and Ethos Limited.

Routine Neutral

2026-06-26 13:45

- Trading window to close from July 1, 2026, until 48 hours after the declaration of unaudited financial results for the quarter ending June 30, 2026.

Business Update Positive

2026-06-23 14:47

- Ethos Limited inaugurated a new luxury watch boutique at Inorbit Malls, Vizag, Andhra Pradesh. - This opening brings the company's total number of boutiques across India to 102, consolidating its presence in the luxury retail market.

Business Update Negative

2026-06-05 16:08

CRITICAL RED FLAG DETECTED

- Ethos Limited received an order upholding penalties aggregating to ₹2,15,78,391 from CGST & Central Excise under Section 122(1)(ii) of the CGST Act, 2017. - The company is evaluating further legal remedies and plans to appeal, stating it does not expect a material impact on operations.

Business Update Positive

2026-06-04 09:52

- Ethos Limited has inaugurated a new Ethos Watch Boutique at Indira Gandhi International Airport, Delhi, bringing its total number of boutiques across India to 101.

Governance Neutral

2026-06-02 15:39

- Ethos Limited issued a Notice of Postal Ballot to seek shareholder approval for the appointment of Mr. Munish Gupta. - Resolutions include his appointment as a Director and as a Whole-time Director, Executive Director, and Chief Financial Officer for 3 years from May 12, 2026. - E-voting commences on June 04, 2026, and concludes on July 03, 2026.

Governance Negative

2026-05-30 17:39

CRITICAL RED FLAG DETECTED

Ethos Limited filed its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report indicates general compliance with SEBI Listing Regulations, but noted minor non-compliances. These included delays in intimating Board Meetings and improper constitution of the Audit Committee, leading to penalties paid to both BSE and NSE. The company also has some pending replies to correspondences from stock exchanges and received relaxation from contra trade restrictions for a share gift.

Business Update Positive

2026-05-15 18:14

Ethos Limited announced on May 15, 2026, the opening of its 100th boutique in Indore, marking a significant golden milestone. This expansion underscores the company's commitment to delivering luxury watch retail experiences across India, now spanning 32 cities. Management expressed pride in achieving this growth over two decades.

Business Update Positive

2026-05-15 16:10

Ethos Limited has inaugurated a new Ethos Watch Boutique at Treasure Island Mall, Indore. This opening is a significant milestone, strengthening its luxury brand portfolio and consolidating its presence in one of India's prominent luxury retail markets. With this new boutique, the company now operates 100 boutiques across India.

Governance Positive

2026-05-12 14:23

Ethos Limited's Board of Directors met on May 12, 2026, and approved the Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. The auditor issued an unmodified opinion on these results. The Board also approved the appointment of Mr. Munish Gupta as an Additional Director (Executive Director), subject to shareholder approval.

Governance Positive

2026-05-12 14:23

Ethos Limited's Board of Directors, at its meeting on May 12, 2026, approved the appointment of Mr. Munish Gupta (DIN: 09350096) as an Additional Director (Executive Director) for a term of three years, effective May 12, 2026, subject to shareholder approval. Mr. Gupta is a qualified Chartered Accountant with an Executive MBA from IIM Ahmedabad, bringing over 20 years of diverse experience in finance, business operations, M&A, and strategic management across various sectors.

Financials Negative

2026-05-12 14:05

Standalone Revenue ₹402.92 Cr vs ₹311.32 Cr (▲29.42% YoY), EBITDA ₹58.24 Cr vs ₹54.08 Cr (▲7.69% YoY), PAT ₹20.78 Cr vs ₹24.21 Cr (▼14.14% YoY). EBITDA Margin 14.45% vs 17.37% (▼292bps). The Board also approved the appointment of Mr. Munish Gupta as an Executive Director.

Business Update Positive

2026-05-01 13:07

Ethos Limited announced the inauguration of a new Ethos Watch Boutique at Phoenix Market City, Pune, on May 01, 2026. This expansion strengthens its luxury brand portfolio and consolidates its presence, bringing the total number of boutiques across India to 98.

Business Update Positive

2026-04-30 21:44

Ethos Limited inaugurated a new 8,070 sq. ft. Ethos Watch Boutique in Jaipur, Rajasthan, on April 30, 2026. This opening marks a significant milestone, strengthening the company's luxury brand portfolio and expanding its presence. The company now operates 97 boutiques across India.

Ownership Positive

2026-04-30 21:41

Ethos Limited acquired an additional 1,89,480 equity shares (2.37%) of its subsidiary, Ethos Lifestyle Private Limited (ELPL), for approximately ₹20.26 crore from a promoter. This increases Ethos's stake in ELPL from 75.05% to 77.42%. The acquisition aims to consolidate ELPL, which anchors the group's luxury lifestyle vertical, enhancing strategic alignment and operational flexibility.

Business Update Positive

2026-04-27 14:43

Ethos Limited has inaugurated a new Ethos Watch Boutique in Agra, Uttar Pradesh, expanding its luxury brand portfolio. This new boutique marks the company's 96th outlet across India.

ETHOSLTD

Ethos Limited

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