Bizotic Commercial Limited has appointed Mr. Dipak Hariprasad Dave as its Chief Financial Officer (CFO) and Key Managerial Personnel, effective May 7, 2026. The appointment was approved by the Board of Directors at its meeting held on the same date, acting on the recommendation of the Nomination and Remuneration Committee and the Audit Committee. The board meeting commenced at 01:00 P.M. and concluded at 02:30 P.M. (IST). The intimation has been made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Appointment Details

The key details of Mr. Dipak Hariprasad Dave's appointment as disclosed under Regulation 30 read with Schedule III – Para A of Part A of the SEBI Listing Regulations are as follows:

Profile of the Appointee

Mr. Dipak Hariprasad Dave is a seasoned banking professional with over 36 years of extensive experience in the banking industry. He holds multiple academic and professional qualifications, including an M.Com., LL.B., Diploma in Labour Law, and CAIIB, reflecting a strong foundation in finance, law, and banking practices. Throughout his distinguished career, he has demonstrated deep expertise in banking operations, regulatory compliance, and organizational leadership. In his final assignment, he served as Senior Vice President with Axis Bank, where he played a key role in strategic decision-making, team leadership, and driving business growth.

Regulatory Compliance

The disclosure has been made in accordance with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, and SEBI Master Circular bearing Ref. No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023. The intimation was submitted to the Corporate Relation Department and the Listing Department of Bombay Stock Exchange Limited. The filing was signed by Sanjay Mahavirprasad Gupta, Managing Director of Bizotic Commercial Limited (DIN: 07610448).

Bizotic commercial Limited has delivered exceptional financial performance for the year ended March 31, 2026, showcasing remarkable growth momentum across its business operations. The company's latest business update demonstrates strong scalability and resilience in its operational model.

Financial Performance Highlights

The company achieved outstanding revenue growth during FY26, with key metrics reflecting robust business expansion:

Strong Half-Yearly Momentum

The company's second-half performance particularly stood out, with standalone operating revenue of ₹177.00 crores for the half year ended March 31, 2026, compared to ₹73.78 crores for the half year ended September 30, 2025. This represents a remarkable 139.98% half-yearly growth delivered on a high comparison base.

Strategic Growth Drivers

Bizotic Commercial Limited's impressive performance has been supported by several key strategic initiatives:

• Focused Execution: Enhanced operational efficiency and strategic implementation
• Innovation-Led Expansion: Development of new products and market approaches
• Market Penetration: Deeper engagement with existing markets and customer segments
• Data-Driven Operations: Advanced, data-led assortment curation strategies
• Strong Sell-Through Rates: Effective inventory turnover and customer demand fulfillment

Operational Excellence

The company maintained disciplined inventory management throughout the period, with limited markdowns highlighting resilient consumer demand. This approach demonstrates effective demand forecasting and inventory optimization, contributing to sustainable profit margins and operational efficiency.

Future Outlook

Management expressed confidence about the company's positioning for sustained growth and continued leadership in the value-fashion segment. The strong foundation built during FY26, combined with encouraging half-yearly performance, positions the company for future expansion. With innovation, effective execution, and customer trust forming the core of their strategy, Bizotic Commercial Limited remains committed to delivering long-term value to all stakeholders.