Redtape Limited shareholders approved a final dividend of ₹2 per share (100%) for FY26 and reappointed key board members during its fifth annual general meeting on August 25, 2026.

The meeting, conducted via video conferencing, saw 105 members in attendance. Shareholders also ratified the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026. All resolutions were passed through remote e-voting prior to the meeting.

Key Resolutions Passed

The following ordinary and special resolutions were approved by the members:

• Adoption of audited financial statements for FY26
• Reappointment of Rashid Ahmed Mirza as director by rotation
• Declaration of final dividend of ₹2 per share
• Ratification of cost auditor remuneration for FY27
• Reappointment of Shuja Mirza as Managing Director
• Continuation of Rashid Ahmed Mirza as Chairman and Whole-time Director beyond age 70

Board Participation

Rashid Ahmed Mirza, Chairman and Whole-time Director, presided over the meeting from Dubai via video conferencing. Other directors present included Arvind Verma and Ms. Sunanda from the registered office in Noida. Independent directors Sanjay Bhalla, Dr. Yashvir Singh, Dr. Rajshree Saxena, and Mr. Subhash Chander Sapra attended either physically or remotely.

Akhilendra Bahadur Singh, Company Secretary & Compliance Officer, confirmed that the requisite quorum was present and that all statutory registers were available for inspection. The Statutory Auditor’s Report and Secretarial Audit Report contained no qualifications or adverse remarks.

Voting Process

Debabrata Deb Nath of R&D Company Secretaries was appointed as the Scrutinizer to oversee the e-voting process. Members who had not voted remotely were able to cast their votes on the National Securities Depository Limited website during the meeting and for 15 minutes after its conclusion. The consolidated voting results are expected to be disseminated to stock exchanges within two working days.

RedTape Limited, a prominent Indian lifestyle brand known for its footwear and apparel portfolio, conducted an investor meet on Tuesday, August 11, 2026, to review its financial performance for the first quarter ended June 30, 2026 (Q1FY27). The session provided stakeholders with insights into the company’s unaudited standalone and consolidated financial results, which were detailed in the accompanying investor presentation. This disclosure follows the initial announcement of the results date on August 5, 2026, and the subsequent release of the financial data on August 10, 2026.

The primary objective of the meet was to allow management to elaborate on the key financial metrics and operational highlights of the quarter. During the discussion, executives addressed questions from investors regarding the brand's market position, supply chain efficiency, and retail expansion strategy. The company emphasized its asset-light business model, which leverages strategic vendor partnerships to ensure rapid product turnaround and cost optimization across its multi-brand portfolio, including RedTape, Mode, Bond Street by RedTape, and OZARK.

Investor Meet Outcome

The audio recording of the investor meet is now available on the company’s website under the "Investor Relations >> Investor meet >> Recordings" section. The management confirmed that no Unpublished Price Sensitive Information (UPSI) was shared during the call, ensuring compliance with regulatory standards. The discussion was led by Mr. Arvind Verma, Whole Time Director, and Mr. Vivek Agnihotri, Chief Financial Officer, who provided clarity on the financial outcomes and future outlook.

Regulatory Compliance

The disclosure regarding the outcome of the investor meet was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates timely and accurate dissemination of material information to stock exchanges and investors. RedTape Limited has consistently adhered to these guidelines, maintaining transparency in its communication with shareholders and market participants.

Business Overview

Headquartered in Noida, Uttar Pradesh, RedTape Limited operates 669 stores across 300 cities in 20 states and four union territories. The company continues to expand its retail footprint in both metro and emerging markets, catering to diverse consumer preferences through its comprehensive range of products for men, women, and children. The multi-brand strategy allows RedTape to address various segments, including casual, formal, sports, and outdoor wear, thereby strengthening its competitive position in the Indian lifestyle sector.