Garment Mantra Lifestyle Secures INR 82.81 Million Export Order from UAE-Based AL Rahmat Textiles

2 min read     Updated on 27 Apr 2026, 11:25 AM
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AI Summary

Garment Mantra Lifestyle Limited secured a major export order worth INR 82.81 million from AL Rahmat Textiles L.L.C. for dyed and printed fabrics, scheduled for execution by October 25, 2026. The company has already exported goods worth over INR 50 million to the UAE in April 2026, demonstrating strong momentum in Middle East markets. Management expressed confidence in sustaining growth trajectory with improving global conditions and a strong order pipeline providing good visibility for upcoming quarters.

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Garment Mantra Lifestyle Limited announced a significant export order win on April 27, 2026, marking a strong start to the financial year. The company's wholly owned subsidiary has secured an order worth INR 82.81 million (8,78,650 US$) from AL Rahmat Textiles L.L.C. Imports & Exports, an international entity based in the UAE.

Order Details and Specifications

The export order encompasses dyed and printed fabrics and madeups dress material, representing a substantial business opportunity for the Tiruppur-based manufacturer. The contract is scheduled for execution by October 25, 2026, providing the company with clear delivery timelines for planning and execution.

Parameter: Details
Client: AL Rahmat Textiles L.L.C. Imports & Exports
Order Value: INR 82.81 million (8,78,650 US$)
Product Type: Dyed and Printed Fabrics and Madeups Dress Material
Execution Deadline: October 25, 2026
Market: International (UAE)
Contract Terms: General Conditions

Management Commentary

Mr. Prem Aggarwal, Managing Director of Garment Mantra Lifestyle Limited, expressed optimism about the order and the company's performance. He highlighted that the company had already exported goods worth more than INR 50 million to the UAE in April 2026, demonstrating strong momentum in the Middle East market.

"We are proud to announce the receipt of an order in this challenging time for the Middle East business. This order marks a great start to the financial year," Aggarwal stated. He emphasized the company's focus on execution excellence and leveraging this momentum for sustained and inclusive growth, along with timely delivery of products with expected quality.

Market Outlook and Growth Strategy

The management noted improving global conditions, particularly in key export regions, with encouraging demand trends emerging across international markets. The company's strong order pipeline provides good visibility for upcoming quarters, with management expressing confidence in sustaining the growth trajectory.

Aggarwal pointed to the company's strategic focus on export markets, product diversification, and operational excellence as key drivers for continued expansion in international markets while contributing to India's textile export growth story.

Regulatory Compliance

The order announcement was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the order does not involve any related party transactions and that promoters or group companies have no interest in the entity that awarded the contract.

Company Background

Garment Mantra Lifestyle Limited, formerly Junction Fabrics & Apparels Ltd, is a Tiruppur-based apparel manufacturer and wholesaler with over 25 years of industry experience. Under the leadership of Chairman & Managing Director Prem Aggarwal, the company has evolved from a domestic-focused player into a growing export-driven enterprise, combining Indian textile craftsmanship with contemporary global designs.

Historical Stock Returns for Garment Mantra Lifestyle

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-7.14%-9.09%-14.47%-16.13%-61.65%

How will geopolitical tensions in the Middle East potentially impact Garment Mantra's export strategy and order fulfillment timelines?

What capacity expansion plans does the company have to handle the growing order pipeline and sustain momentum beyond Q2 FY2027?

Could this UAE success serve as a gateway for Garment Mantra to penetrate other GCC markets and diversify its export base?

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Garment Mantra Lifestyle Publishes Final Forfeiture Notice in Newspapers

2 min read     Updated on 12 Apr 2026, 09:13 AM
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AI Summary

Garment Mantra Lifestyle Limited has published newspaper advertisements in Business Standard and Makkal Kural regarding its final reminder cum forfeiture notice for partly paid-up equity shares. The company set April 30, 2026 as the final deadline for shareholders to pay call money obligations, failing which shares will be forfeited. The notice follows previous communications sent since June 2025 and ensures regulatory compliance under SEBI regulations.

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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:

Publication: Language Coverage
Business Standard: English All editions
Business Standard: Hindi All editions
Makkal Kural: Regional language All editions

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.

Parameter: Details
Notice Date: April 10, 2026
Meeting Duration: 13:55 p.m to 14:30 p.m
Final Payment Deadline: April 30, 2026
Target Recipients: Holders of partly paid-up equity shares
Consequence: Forfeiture of shares including amounts already paid

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:

Document Accessibility

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

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.

Historical Stock Returns for Garment Mantra Lifestyle

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%-7.14%-9.09%-14.47%-16.13%-61.65%

How might the potential share forfeiture impact Garment Mantra's market capitalization and trading liquidity on BSE?

What strategic options does Garment Mantra have if a significant portion of shareholders default on their call money payments?

Could this forfeiture situation signal broader financial stress in the textile industry or company-specific challenges?

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