Aditya Birla Fashion & Retail Limited has scheduled its 19th Annual General Meeting (AGM) for Tuesday, August 25, 2026, at 3:30 p.m. (IST). The meeting will be conducted through Video Conferencing or Other Audio-Visual Means (VC/OAVM), allowing shareholders to participate remotely while ensuring compliance with regulatory frameworks. This virtual format facilitates broader shareholder engagement without the logistical constraints of a physical gathering.

The announcement was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company published a newspaper advertisement regarding the AGM in Business Standard (English – All Editions) and Navshakti (Marathi – Mumbai Edition) on July 27, 2026. Rajeev Agrawal, Company Secretary & Compliance Officer, certified the disclosure, confirming adherence to statutory requirements under the Companies Act, 2013, and relevant circulars issued by the Ministry of Corporate Affairs and SEBI.

Key Details for Shareholders

Shareholders are advised to note the following procedural details regarding the AGM and the Integrated Annual Report:

The Notice of the AGM, along with the Integrated Annual Report for the Financial Year 2025-26, will be dispatched exclusively through electronic mode to shareholders who have registered their email addresses with the company, its Registrar and Share Transfer Agent (RTA), or their Depository Participants (DPs). For shareholders who have not registered an email address, a letter containing a web link, path, and QR code to access the report will be sent physically.

Accessing Documents and Updating Records

The Notice and Integrated Annual Report are also available on the company’s website ( www.abfrl.com ), the RTA’s website ( https://mufg.infine.in ), and the stock exchange websites of BSE Limited ( www.bseindia.com ) and NSE India ( www.nseindia.com ).

Shareholders holding shares in physical mode must update their email IDs, mobile numbers, and bank account details by submitting Form ISR-1, accompanied by a self-attested PAN card and cancelled cheque leaf. This can be done at the registered office in Mumbai or the RTA’s office in Vikhroli, or by sending digitally signed documents via email. Demat shareholders must update these details directly with their respective Depository Participants.

E-Voting Facility

In accordance with Section 108 of the Companies Act, 2013, and Regulation 44 of the SEBI LODR Regulations, shareholders will have the opportunity to cast their votes remotely or during the AGM using an electronic voting system. The specific timelines and procedures for remote e-voting and e-voting during the meeting will be detailed in the official Notice of the AGM. Shareholders are encouraged to ensure their contact information is up-to-date to receive timely communications regarding voting credentials.

Aditya Birla Fashion & Retail faces a regulatory penalty after the Assistant Commissioner of Sales Tax, Nagole GST Division, Hyderabad, issued an order dated July 24, 2026, imposing a fine of ₹51,52,528. The penalty arises from a dispute concerning input tax credit (ITC) availed by the company during FY20-21, specifically regarding inward supply documents where the vendor defaulted in filing returns. Although the company asserts that the tax has already been reversed and parallel proceedings for demand have been issued, the authority maintained the penalty under Section 74 of the Central Goods and Services Tax Act, 2017.

The disclosure was made pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. Rajeev Agrawal, Company Secretary & Compliance Officer, signed the communication on July 25, 2026, notifying the stock exchanges of the order received the previous day.

Penalty Details

Nature of Dispute

The scrutiny pertains to returns filed for FY20-21. The core issue involves the claim of input tax credit on grounds of vendor default in non-filing of returns. The company notes that the dispute relates to ISD ITC availed, for which tax has already been reversed. Additionally, the company states that a parallel proceeding for which demand has already been issued is ongoing. This suggests the financial liability may be contested on procedural and substantive grounds regarding the reversal of tax.

Company Response and Impact

Aditya Birla Fashion & Retail Limited stated that the order has no impact on its financials, operations, or other activities. Management believes the demand is not tenable as per the law. The company intends to file a suitable appeal against the order before The Appellate Authority. Investors should monitor subsequent filings for updates on the appeal process and any potential resolution of the underlying ITC dispute.

What the Numbers Show

The penalty amount of ₹51,52,528 represents a specific regulatory cost arising from compliance discrepancies in FY20-21 rather than an operational failure in current periods. The fact that the company has already reversed the tax indicates that the primary financial exposure related to the tax liability itself may have been mitigated, leaving the penalty as the remaining contentious item. The reliance on vendor default for ITC claims highlights a common friction point in GST compliance, where downstream entities bear the burden of upstream non-compliance until clarified through appellate processes.