Garment Mantra Lifestyle Limited has issued a final reminder cum forfeiture notice to shareholders holding partly paid-up equity shares who have failed to meet their call money obligations. The Rights Issue Committee approved this decisive action during a meeting held on April 10, 2026, and the company has now published newspaper advertisements to ensure widespread communication.

Newspaper Advertisement Publication

The company published newspaper advertisements on April 11, 2026, in multiple publications to reach all affected shareholders:

The advertisement was communicated to BSE Limited under scrip code 539216, ensuring regulatory compliance under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Final Forfeiture Notice Details

The Rights Issue Committee has authorized the issuance of a final reminder cum forfeiture notice targeting shareholders who have not paid their call money obligations. This notice serves as the last warning before potential forfeiture proceedings.

Previous Call Money Communications

The current notice references several previous communications sent to shareholders regarding call money payments:

• June 23, 2025: First Call payment notice
• July 29, 2025: Additional First Call payment communication
• October 18, 2025: Second and Final Call payment notice

Shareholders who have not responded to these earlier notices now face the final warning before forfeiture proceedings.

Forfeiture Implications and Support

The notice clearly states that shareholders failing to pay call money along with applicable interest by April 30, 2026, will face serious consequences. The partly paid-up equity shares held by defaulting shareholders will be liable for forfeiture, including any amounts already paid on these shares.

Shareholders can seek clarifications through:

• Toll-free number: +91 22 6263 8200 (Monday to Friday, 10 AM to 5 PM)
• Email: investor@bigshareonline.com

Document Accessibility

The forfeiture notice and related documents are available through multiple channels for shareholder access:

• Company website: www.garmentmantra.com/investors
• Registrar website: www.bigshareservices.com (Bigshare Services Private Limited)

The notice was signed by Company Secretary Lakshmi Priya, K (Membership No: A36135) and communicated to BSE Limited, ensuring complete regulatory compliance and transparency in the forfeiture process.

Garment Mantra Lifestyle Limited has reported robust financial performance for FY26, achieving significant growth in its export business. The Tirupur-based apparel manufacturer announced export revenues of ₹132.72 Crores on a consolidated basis, marking a strong year of business expansion with optimistic outlook for the first half of the current financial year.

Financial Performance Highlights

The company's financial results demonstrate impressive growth momentum across key metrics:

Growth Drivers and Market Position

The substantial 60% year-on-year revenue growth reflects the company's strengthened market position and operational excellence. Several key factors contributed to this strong performance:

• Robust order book with confirmed export orders
• Enhanced product offerings across international markets
• Strengthening relationships with global buyers
• Continued demand across key export markets

The company has successfully leveraged its manufacturing capabilities and quality standards to capture increased market share in the global apparel sector.

Management Commentary and Outlook

Mr. Prem Aggarwal, Managing Director of Garment Mantra Lifestyle Limited, expressed satisfaction with the company's performance, stating that crossing the ₹130 Crores export milestone reflects the trust of global customers and the team's consistent focus on quality, timely delivery, and innovation.

With easing geopolitical tensions in the Middle East, the company maintains an optimistic outlook for the first half of the current financial year. The management highlighted encouraging demand trends and good visibility for upcoming quarters through a strong order pipeline.

Company Background and Operations

Garment Mantra Lifestyle Limited, formerly Junction Fabrics & Apparels Ltd, operates as a Tirupur-based apparel manufacturer and wholesaler with over 25 years of industry experience. The company has established itself as a reliable supplier of high-quality apparel products, combining Indian textile craftsmanship with contemporary global designs.

Under the leadership of Chairman & Managing Director Mr. Prem Aggarwal, the company has evolved from a domestic-focused player into a growing export-driven enterprise. The company continues to strengthen its footprint across international markets while contributing to India's textile export growth story.

Strategic Focus Areas

The company maintains a clear strategic focus on several key areas:

• Export market expansion and diversification
• Product portfolio enhancement and innovation
• Operational excellence and quality standards
• Strengthening relationships with global buyers
• Exploring new markets and product segments

Domestically, the company continues to strengthen its wholesale network through hubs in Tiruppur and Surat, enabling efficient service and competitive pricing across India's major regions. The recent start of Tamil Nadu distribution network will further enhance its nationwide reach.