Brandman Retail Limited’s Board has approved an increase in the remuneration of its directors, including the Managing Director, to align with the company’s remuneration policy and regulatory requirements. The decision, taken on June 26, 2026, follows the recommendation of the Nomination and Remuneration Committee and is effective immediately. This move aims to incentivize the leadership team as the company continues its operations in the retail sector.

The revised remuneration structure covers the Managing Director, a Whole-Time Director, and a Non-Executive Director. The approval was granted in accordance with the provisions of the Companies Act, 2013, the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and the company’s internal Remuneration Policy.

Revised Remuneration Details

The Board approved specific monthly remuneration packages for the three directors. The Managing Director and Whole-Time Director will receive a basic salary along with perquisites and benefits, while the Non-Executive Director will receive a fixed monthly remuneration for services rendered.

The Board meeting commenced at 5:00 PM IST and concluded at 5:30 PM IST on June 26, 2026. The disclosure was submitted to the National Stock Exchange of India Limited to comply with Regulation 30 of the SEBI Listing Regulations.

Brandman Retail has entered into a strategic partnership with Skechers India to manage its presence across select online marketplaces. The company has been appointed as an authorized re-seller to handle Skechers’ business on platforms including Amazon, Flipkart, Myntra, Ajio, Tata CLiQ, and Nykaa Fashion. This agreement also extends to select quick-commerce platforms, aiming to enhance the brand's digital footprint in India.

As an authorized online distribution and management partner, Brandman Retail will ensure authentic product availability, controlled pricing, and adherence to Skechers’ global brand guidelines. The Delhi-based distributor will focus on delivering consistent brand representation, optimized merchandising, and improved discoverability across digital channels. The partnership structure is designed to allow for future scalability while maintaining strict alignment with Skechers’ global brand standards.

Arun Malhotra, Director, Brandman Retail, stated that e-commerce remains a key growth driver in India’s retail landscape. He emphasized that the partnership is focused on building a robust and scalable digital ecosystem. This initiative aims to enhance brand visibility and deliver a seamless, consistent consumer experience across various platforms.

Key Platforms Covered

The partnership encompasses several leading e-commerce and quick-commerce channels. The following table details the platforms included in the agreement:

Brandman Retail is a retail operator and distribution partner for global brands including New Balance, Saucony, Anta, Wilson, Rockport, and On Running. The company focuses on an omnichannel retail strategy, brand licensing, and experience-led commerce to bring international lifestyle and sports brands to the Indian market.