Ethos Limited has scheduled its 19th Annual General Meeting (AGM) for Tuesday, September 15, 2026. The meeting will be conducted through Video Conferencing (VC) or Other Audio-Visual Means (OAVM), starting at 11:00 am IST. The company published newspaper advertisements in Financial Express (English) and Himachal Times (Hindi) on August 19, 2026, to inform members of the upcoming event. Additionally, the company dispatched letters with web-links to access the Notice of AGM and Annual Report for FY26 to shareholders who have not registered their email addresses, in compliance with Regulation 36(1)(b) of the SEBI Listing Regulations.

The AGM aims to transact business as outlined in the notice, including the approval of financial statements for FY26. Shareholders holding shares as of the cut-off date, Tuesday, September 8, 2026, are eligible to vote. The company is providing remote e-voting facilities to ensure broad participation.

Key Agenda Items

The notice specifies two primary items of ordinary business for shareholder approval:

1. Adoption of Financial Statements: To consider and adopt the Audited Standalone and Consolidated Financial Statements of the Company for the financial year ended March 31, 2026, along with the Report of the Board of Directors and the Statutory Auditors.
2. Reappointment of Director: To appoint Mr. Yashovardhan Saboo (DIN: 00012158), who retires by rotation under Section 152 of the Companies Act, 2013. Being eligible, he offers himself for reappointment as a Director. Mr. Saboo currently serves as the Chairman and Whole Time Director of the company.

E-Voting Schedule

The remote e-voting window opens before the meeting and closes shortly after, allowing shareholders to cast their votes electronically.

Members who have already voted remotely may attend the AGM via VC but cannot vote again during the meeting. Those who have not voted remotely can do so during the AGM session.

Compliance and Documentation

The announcement complies with Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, and various Ministry of Corporate Affairs circulars, including General Circular No. 03/2025 dated September 22, 2025. Electronic copies of the AGM notice and the Annual Report for FY26 will be sent to shareholders with registered email addresses. Physical copies are available upon request.

Shareholders without registered email IDs will receive a letter containing a weblink to access the annual report, as per SEBI Listing Regulations. The documents are also available on the company’s website and the stock exchanges’ portals.

Ethos Limited filed its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026 (FY26), with the Bombay Stock Exchange and the National Stock Exchange on August 20, 2026. The submission complies with Regulation 34(2)(f) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015.

The luxury watch retailer disclosed a turnover of ₹1,61,259.61 lakh and a net worth of ₹1,48,146.81 lakh as on March 31, 2026. These figures establish the company's financial scale for assessing its environmental, social, and governance (ESG) performance against industry benchmarks.

Operational Footprint and Workforce

Ethos operates through 121 establishments nationally, comprising 94 retail stores, eight backend offices, eight service centres, and 11 warehouses. It also maintains two international locations. The company serves customers in 30 cities across India and one international market, though it reported nil exports as a percentage of total turnover.

The workforce consisted of 1,109 employees at the end of FY26, including 1,069 permanent staff. Female representation stood at 20.65% of the total employee base. The board of directors included one woman, accounting for 12.50% of the total board strength. Key Management Personnel had zero female representation.

Employee Welfare and Safety

The company maintained a robust health and safety record, reporting zero lost-time injuries, fatalities, or high-consequence work-related incidents during FY26. All permanent employees were covered by health and accident insurance. Additionally, 99.91% of employees were covered under the Provident Fund scheme, while 100% received gratuity benefits.

Training initiatives reached 100% of the workforce regarding health and safety measures. Skill upgradation training covered 63% of employees, up from 28.52% in the previous fiscal year. The turnover rate for permanent employees decreased to 24.90% in FY26 from 27.60% in FY25.

Governance and Compliance

Ethos reported receiving 453 customer complaints during FY26, with 18 pending resolution at year-end. This compares to 356 complaints received in FY25. No complaints were filed regarding sexual harassment, discrimination, child labour, or forced labour. One complaint related to conflict of interest was not recorded.

The company incurred no monetary penalties, fines, or settlements with regulatory or judicial institutions during the reporting period. Related party transactions remained minimal, with purchases from related parties constituting 1.71% of total purchases and sales to related parties at 1.83% of total sales.

Environmental Initiatives

As a retailer operating primarily from leased premises, Ethos does not directly manage energy consumption or water discharge metrics. However, it implemented waste management practices focused on recyclable materials such as corrugated boxes and bubble wraps. The company continued its 'Million Tree Project', planting 99,558 trees during FY26. This initiative aims to plant one million trees cumulatively, aligning with its broader corporate social responsibility goals.