Mish Designs board of directors approved the financial results for FY26 and scheduled its 9th annual general meeting during a session held on August 26, 2026. The company also ratified related-party transactions and reappointed Ms. Anita Bhartia as a Non-Executive & Non-Independent Director.

The meeting, which began at 4:30 pm and concluded at 5:00 pm, focused on statutory compliance for the fiscal year ending March 31, 2026. No specific financial figures such as revenue or profit were disclosed in the outcome announcement.

Key Board Resolutions

The directors approved several critical documents and appointments required for the upcoming shareholder meeting:

• Draft board report and annexures for FY26 under Section 134 of the Companies Act, 2013
• Management Discussion and Analysis report for FY26 as per SEBI LODR regulations
• Appointment of H. Maheshwari & Associates as the scrutinizer for the AGM
• Approval of related-party transactions under the Companies Act and SEBI listing regulations

Director Reappointment

The board approved the reappointment of Ms. Anita Bhartia (DIN: 09338148) as a Non-Executive & Non-Independent Director effective May 2, 2026. Her term continues till the ensuing General Meeting, subject to shareholder approval.

Ms. Bhartia holds a Bachelor of Arts degree from Gorakpur University (1995) and has over eight years of experience in the apparel and fabrics industry. She has been part of the board since May 2, 2023, providing guidance on business development strategies.

Corporate Governance Updates

Namrata Teli, Company Secretary and Compliance Officer, signed off on the disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has fixed the date, time, and place for the 9th AGM, with further details to be communicated via the draft notice.

Mish Designs Limited acquired a 59.78% equity stake in I'DESIGN Fashions Private Limited on August 24, 2026. The company paid ₹10 per share for the transaction.

The deal involves the allotment of 2,03,258 equity shares with a face value of ₹10 each. The total cash consideration amounts to ₹20,32,580. Mish Designs will record the acquisition in its upcoming Board Meeting.

Transaction Details

I'DESIGN Fashions operates in the manufacture and retail of wearing apparel. The entity was incorporated on April 5, 2021, with an authorized capital of ₹1,00,000. It has not generated any turnover to date.

Strategic Context

The acquisition aligns with Mish Designs' main line business objectives. The company aims to expand operations, drive growth, and enhance market share through this move. I'DESIGN Fashions will become a subsidiary of Mish Designs.

The transaction qualifies as a related party transaction. Mish Designs obtained the necessary approval from its Audit Committee. The company confirmed the deal was conducted at arm's length. No governmental or regulatory approvals were required for this acquisition.