Aditya Birla Fashion & Retail Limited has established the remote e-voting window for its 19th Annual General Meeting (AGM), which is scheduled to be held on Tuesday, August 25, 2026, at 3:30 p.m. (IST). The meeting will be conducted via Video Conferencing or Other Audio-Visual Means (VC/OAVM) in compliance with Ministry of Corporate Affairs circulars and SEBI regulations. Shareholders can cast their votes electronically from Friday, August 21, 2026, at 9:00 a.m. until Monday, August 24, 2026, at 5:00 p.m., ensuring broad participation regardless of physical location.

The eligibility for voting is determined by the shareholding pattern as of the cut-off date, Tuesday, August 18, 2026. Members who acquire shares after the dispatch of the notice but hold them as of this cut-off date may obtain user IDs and passwords for the e-voting module by contacting MUFG Intime India Private Limited. Once a vote is cast during the remote e-voting period, it cannot be changed subsequently. Shareholders who have already voted remotely are eligible to attend the AGM via VC but cannot vote again.

E-Voting Timelines and Procedures

The company has provided specific timelines for the electronic voting process to ensure orderly conduct of the meeting. The remote e-voting module will be disabled by the Registrar and Transfer Agent (RTA) after the deadline.

Members holding securities in dematerialized mode with National Securities Depository Limited (NSDL) or Central Depository Services (India) Limited (CDSL) can log in using their depository credentials. Technical support is available through respective helpdesks for NSDL and CDSL members facing login issues.

Accessing Documents and Meeting Participation

The Notice of the AGM and the Integrated Annual Report for FY26 were dispatched electronically on Friday, July 31, 2026, to members with registered email addresses. Physical letters containing web-links and QR codes were sent to shareholders without registered emails to ensure compliance with Regulation 36(1)(b) of the SEBI LODR Regulations. These documents are also available on the company’s website and stock exchange portals.

Shareholders wishing to express views or ask questions during the meeting must register as speakers by Wednesday, August 12, 2026, by sending their details to secretarial@abfrl.adityabirla.com . Only registered speakers will be allowed to participate in the Q&A session. The voting results will be declared on or before Thursday, August 27, 2026, and will be uploaded to the company’s website along with the Scrutinizer’s Report.

Aditya Birla Fashion and Retail Limited (ABFRL) delivered consolidated revenue from operations of ₹8,177 crore in FY2025-26, marking 11% year-on-year growth. The company's EBITDA stood at ₹967 crore, with an EBITDA margin of 11.80%, as disciplined execution and improving operating leverage across key businesses supported earnings quality. The company simultaneously filed its Integrated Annual Report for FY2025-26 with the stock exchanges and announced its 19th Annual General Meeting, scheduled for August 25, 2026 at 3:30 p.m. IST via Video Conferencing.

FY2025-26 Financial Performance

The company's consolidated financial performance for FY2025-26 reflects broad-based revenue growth alongside continued investment in technology, retail expansion, and future growth platforms. E-commerce revenue grew over 20% year-on-year, contributing approximately 16% of total revenue. The company added over 180 new stores during the year, resulting in a net retail space addition of approximately 0.6 million sq. ft.

FY25 & FY26 PAT includes exceptional gain/(loss) of ₹161.15 crore and (₹39.86) crore, respectively.

As at March 31, 2026, the company maintained a standalone gross cash balance of ₹1,150 crore. At a consolidated level, gross debt stood at ₹1,695 crore, while net debt was ₹149 crore.

Segment-Wise Performance

The company operates across four broad segments — Masstige and Value Retail, Ethnic Wear, Digital-First Brands (TMRW), and Luxury Retail — each recording distinct growth trajectories during FY2025-26.

Masstige and Value Retail

The Masstige and Value Retail segment delivered revenue of ₹4,560 crore in FY26, reflecting 4% year-on-year growth. EBITDA was at ₹739 crore, with an EBITDA margin of 16.2%. Pantaloons' retail network comprised 399 stores spanning 28 states and Union Territories. The value fashion format OWND expanded its store network to 79 stores, with 34 stores added during FY26.

Ethnic Wear

The Ethnic segment delivered strong performance with annual revenue of ₹2,227 crore, reflecting 14% year-on-year growth. EBITDA more than doubled from ₹102 crore in FY2024-25 to ₹242 crore in FY2025-26, a growth of 137%, with EBITDA margin expanding from 5.2% to 10.8%. The segment delivered 16% like-to-like growth during the year. The ethnic portfolio expanded to more than 680 stores, with over 80 new store additions.

Within the segment, TASVA reported 38% growth in sales in FY2025-26 with double-digit like-to-like growth, and its network reached 94 stores. Jaypore witnessed strong double-digit growth of 23% in FY2025-26. TCNS delivered 10% like-to-like growth, with full-year cash losses reducing by more than half compared to the previous year.

TMRW — Digital-First Brands

TMRW's portfolio delivered revenue of ₹876 crore in FY2025-26, an increase of 34% year-on-year. Including Wrogn, business revenue reached approximately ₹1,100 crore. EBITDA loss was contained at ₹207 crore in FY2025-26, compared to ₹206 crore in FY2024-25. During the year, TMRW secured its first external investment of ₹437 crore from ServiceNow Ventures. The platform expanded its offline presence to approximately 120 exclusive stores across brands.

Luxury Retail

The Luxury segment registered revenue of ₹596 crore, growing 15% year-on-year. EBITDA was ₹175 crore in FY2025-26, a growth of 23% over the previous year, with EBITDA margin improving by 190 basis points to 29.4%. The Collective and Mono Brands (TCMB) delivered 9% year-on-year growth, while the segment was further supported by the launch of Galeries Lafayette in Mumbai in November 2025 — India's first luxury department store of its kind, spread across 90,000 square feet in Kala Ghoda.

Retail Footprint and Digital Capabilities

As at March 31, 2026, ABFRL's retail network comprised 1,273 stores spanning nearly 7.9 million square feet. The company's omnichannel ecosystem integrates exclusive brand outlets, brand websites, mobile applications, and digital marketplaces. More than 65% of the Pantaloons store network is omni-enabled. The company's digital infrastructure is built on SAP S/4HANA and Dynamics 365 POS/CRM platforms, with AI-driven analytics deployed across demand forecasting, merchandising, and customer engagement.

Credit Rating and Capital Position

CRISIL Ratings reaffirmed its 'CRISIL AA+/Stable/CRISIL A1+' ratings on the bank facilities and debt instruments of ABFRL. The company's consolidated gross debt stood at ₹1,695 crore as at March 31, 2026, while net debt was ₹149 crore.

Annual General Meeting

The 19th Annual General Meeting of ABFRL is scheduled for Tuesday, August 25, 2026 at 3:30 p.m. IST, to be held through Video Conferencing/Other Audio-Visual Means. The Integrated Annual Report for FY2025-26 is accessible on the company's website. Key agenda items include adoption of audited financial statements, re-appointment of a director retiring by rotation, re-appointment of statutory auditors Price Waterhouse & Co Chartered Accountants LLP for a second term of five years, and re-designation of Ms. Sangeeta Tanwani as a Non-Executive Non-Independent Director effective August 1, 2026.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE647O01011/6b886e95d7a64c0e.pdf