Ethos promoters hold 50.59% stake, no encumbrance in FY26

Promoters of Ethos Limited collectively held 1,35,35,548 equity shares, representing 50.59% of the total paid-up capital as on March 31, 2026, confirming that no shares were encumbered during the financial year ended March 31, 2026. This disclosure provides shareholders with assurance regarding the stability of the promoter holding and the absence of leverage against these shares during FY26.

The declaration was submitted to BSE Limited and National Stock Exchange of India Limited in compliance with Regulation 31(4) & (5) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms that the promoter group has not created any charge or pledge on their shareholding, directly or indirectly, throughout the specified financial year.

Shareholding Details

The disclosure outlines the specific shareholding position of the promoters as of the financial year-end.

Metric	Details
Total Equity Shares Held	1,35,35,548
Percentage of Paid-up Capital	50.59%
Date of Holding	March 31, 2026
Encumbrance Status	None

The communication was signed by Yashovardhan Saboo, a promoter of Ethos Limited, on behalf of the promoters and members of the promoter group. Copies of the disclosure were also forwarded to the Audit Committee and the company's registered and corporate offices.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.94%	-1.05%	+2.52%	-12.12%	-9.86%	+219.38%

Ethos Limited , India’s largest retailer of luxury watches, will host the prestigious Grand Prix d’Horlogerie de Genève (GPHG) Exhibition 2026 in Mumbai from September 28 to October 1. Recognised globally as the highest distinction in watchmaking, the awards are widely regarded as the “Oscars of Watchmaking.” The exhibition will showcase exceptional timepieces that are finalists across 15 categories, representing the pinnacle of innovation, craftsmanship, and artistic excellence in contemporary horology.

Bringing the GPHG Exhibition to India marks a significant milestone for the country’s luxury watch industry. It reflects the increasing importance of India and its growing community of collectors on the global horological stage. The event will provide Indian collectors, enthusiasts, customers, media, and the wider public with a rare opportunity to experience some of the world’s finest timepieces and gain a deeper appreciation for the artistry and technical mastery behind them.

Mr. Yashovardhan Saboo, Chairman of Ethos Limited, highlighted the significance of the event. Having served as a member of the GPHG Academy and the GPHG Jury, he noted that the exhibition coming to Mumbai is a recognition of the country's growing importance in global horology. He emphasized that Ethos is honoured to bring this exceptional showcase to India, enabling collectors to experience the finest creations in contemporary watchmaking.

Mr. Pranav Saboo, Managing Director & Chief Executive Officer of Ethos Limited, added that hosting the exhibition is an important milestone for the company and the Indian luxury watch market. He stated that the move reflects Ethos's long-standing commitment to developing the culture of fine watchmaking in India and creating world-class experiences for customers. The company operates over 100 boutiques across the country through its omnichannel platform.

The Grand Prix d’Horlogerie de Genève was established in 2001 and is the world's foremost annual award dedicated to contemporary watchmaking. Organised by the GPHG Foundation in Geneva, the awards celebrate excellence across multiple categories judged by an international jury of experts. The travelling exhibition presents finalist timepieces selected from over 1000 nominated pieces to audiences around the world.