MANYAVAR

Vedant Fashions Limited (Manyavar) will hold a one-to-one physical meeting with investors/analysts in Kolkata on June 02, 2026. The company has already submitted its 'Investor Presentation - May 2026' along with financial results for the quarter and fiscal year ended March 31, 2026, which are publicly available. No unpublished price-sensitive information will be discussed during the meeting.

Vedant Fashions Limited (Manyavar) announced a virtual one-to-one meeting with analyst(s)/investor(s) scheduled for May 28, 2026. The company confirmed that its 'Investor Presentation - May 2026' and financial results for the quarter and financial year ended March 31, 2026, have already been submitted to the stock exchanges. Discussions during the meeting will be based solely on publicly available information.

Vedant Fashions Limited, on May 21, 2026, allotted 4,142 equity shares of ₹1/- each to eligible employees who exercised stock options under the VFL Employee Stock Option Scheme 2018. This allotment increased the company's paid-up share capital from 24,29,73,103 to 24,29,77,245 equity shares.

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Management is focused on driving Same-Store Sales Growth (SSG) through internal initiatives, including improving Average Selling Price (ASP) by upgrading collections (targeting 3-3.5% annual improvement) and enhancing conversion rates. They anticipate stable net store openings, prioritizing quality stores with new ones exhibiting 85% better revenue per square foot than closed locations, with openings normalizing by the next financial year. Key projects include improving customer retention by re-engaging 90 lakh existing consumers and making significant investments in AI for operational efficiency across departments. While acknowledging a 150bps gross margin contraction in FY26 primarily due to GST, this impact is expected to normalize, and minor input cost inflation is considered manageable. The company expects better future growth as macro conditions improve and competition consolidates, with a commitment to maintaining current dividend policy (50% of profits) and exploring inorganic opportunities if suitable scale emerges.

Vedant Fashions Limited (Manyavar) informed the exchange on May 13, 2026, that its appeal against an Order-in-Original dated February 02, 2025, has been rejected by the Additional Commissioner (Appeal), Kolkata. The original order had demanded recovery of proportionate Input Tax Credit (ITC) amounting to ₹1,01,20,387, along with applicable interest and a penalty of ₹1,01,20,387, pertaining to FY 2017-18 to FY 2019-20. The Order-in-Appeal upheld the original demand without modification. The company is evaluating the order and will take necessary steps.

Vedant Fashions Limited (Manyavar) announced an investor/analyst meeting scheduled for May 18, 2026, to be held virtually on a one-to-one basis. The meeting follows the submission of the 'Investor Presentation - May 2026' along with the financial results for the quarter and financial year ended March 31, 2026. The company stated that no unpublished price sensitive information will be discussed.

Vedant Fashions Limited announced the rescheduling of its analyst(s)/investor(s) meeting. Originally set for May 14, 2026 (Thursday), the virtual one-to-one meeting will now take place on May 15, 2026 (Friday). The company confirmed that no unpublished price sensitive information will be discussed.