Redtape Limited has scheduled its Fifth Annual General Meeting (AGM) for Tuesday, August 25, 2026, at 11:30 A.M. IST. The meeting will be conducted exclusively through Video Conferencing (VC) or Other Audio-Visual Means (OAVM), in compliance with the Companies Act, 2013, and applicable SEBI regulations. Shareholders holding shares on the record date of Friday, July 31, 2026, are eligible to receive the final dividend for the financial year ended March 31, 2026, subject to approval at the AGM.

The company published newspaper advertisements in Financial Express and Jansatta Delhi – NCR edition on July 31, 2026, pursuant to Regulation 30 and Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Annual Report for FY2025-26, including the AGM notice, is available electronically to members with registered email addresses. Those without registered emails will receive a letter with the web-link to access the documents.

Key Dates and Details

Members participating in the AGM through VC facilities will be counted for quorum purposes under Section 103 of the Companies Act, 2013. The company is providing an electronic voting system (e-voting) for all members to cast votes on the business items listed in the AGM notice. Remote e-voting and voting during the AGM are both facilitated.

Shareholder Instructions

Shareholders who acquired shares after the electronic dispatch of the notice but hold shares as on the cut-off date of Tuesday, August 18, 2026, can obtain login credentials by sending a request to evoting@nsdl.com . Physical shareholders are advised to update their KYC details with the Registrar to an Issue and Share Transfer Agent (RTA), KFin Technologies Limited, while demat holders should update details with their Depository Participants.

Dividend payments will be made electronically only, as mandated by SEBI. Under the Income Tax Act, 2025, dividend income is taxable in the hands of members, and the company will deduct tax at source (TDS) at prescribed rates. Further details regarding TDS are provided in the AGM notice.

What the Numbers Show

The strict adherence to digital communication channels—sending annual reports electronically and mandating e-voting—highlights Redtape Limited’s ongoing operational shift towards paperless corporate governance. This aligns with broader regulatory pushes by the Ministry of Corporate Affairs and SEBI to enhance shareholder participation through remote means while reducing administrative overheads.

RedTape Limited has reported its audited standalone and consolidated financial results for the fourth quarter and financial year ended March 31, 2026. The company delivered strong annual growth, with total revenue increasing 19.6% to ₹2,415 crore from ₹2,018 crore in FY25. Net profit for the year rose 32.4% to ₹244 crore, while EBITDA margin expanded by 151 basis points to 19.0%. The Board has recommended a final dividend of ₹2 per equity share for FY26.

Q4 Performance

Revenue for Q4FY26 reached ₹674 crore, a growth of 33.8% year-on-year, driven by robust operational performance across all channels. Net profit for the quarter stood at ₹71 crore, resulting in a PAT margin of 10.2%. EBITDA margin improved to 19.4% compared to the corresponding quarter in the previous year. The management noted that while Q4 is seasonally weaker than Q3, the quarter demonstrated smart growth with volume growth of approximately 21% and ASP growth of 3%.

FY26 Financial Performance

RedTape's profitability improved significantly in FY26, with the PAT margin increasing by 113 basis points to 9.6%. Earnings per share (EPS) on a standalone basis improved to ₹4.42 from ₹3.34 in the prior year. Footwear contributed 63% of revenue, while apparel accounted for 34%. The gross margin for the year was 43.1%, a decline of 251 basis points attributed to an accounting change for the e-commerce channel.

The following table summarises the key standalone financial highlights for the financial year:

Operational Highlights

The company's retail expansion continued, with total stores reaching 669 across 300 cities. E-commerce contributed approximately 30% of the total revenue, maintaining RedTape's position as the #2 footwear brand on Flipkart and Myntra. Same-store sales growth (SSSG) was reported at 11.9% for the year. The company operates four brands—RedTape, Mode, Bond Street, and Ozark—on a single shared sourcing and distribution platform.

Strategic Initiatives

RedTape secured BIS accreditation across all footwear import territories and operationalised Myanmar and Nepal as sourcing markets to reduce concentration risk. The company launched new accessories sub-categories, including eyewear and hard luggage. A new marketplace warehouse was operationalised in FY26, adding 3,00,000 sq.ft. to the existing facility in Unnao, Kanpur. The Ozark brand gained momentum with its outdoor and adventure positioning.

Outlook

RedTape targets continued strong revenue growth in FY27, supported by accelerated retail expansion focusing on South and West India. The Company intends to open 200-250 new stores annually, deepen its presence in Tier-2 and Tier-3 cities, and scale the Ozark performance-wear brand. Plans include extending the lifestyle portfolio into new product categories such as backpacks, luggage, and fragrances.

Management and Corporate Governance

Pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015, the investor presentation for the audited financial results was made available on the company's website. The statutory auditors, M/s Ashwani & Associates, issued an unmodified opinion on the financial results. The record date for the final dividend is fixed as Friday, July 31, 2026.

Mr. Shashank Kumar has been redesignated as Vice-President (Administration) with effect from May 26, 2026. The Board also re-appointed M/s Surinder Mahajan & Associates as Internal Auditors and Mr. Arun Kumar Srivastava as Cost Auditor for FY27.

Shareholder Notices

The company announced that a special window for the transfer and dematerialisation of physical securities has been reopened for one year, from February 5, 2026, to February 4, 2027. This facility allows shareholders to re-lodge transfer requests for physical shares lodged prior to April 1, 2019, that were previously rejected or returned. All processed shares will be issued only in dematerialised form.

Additionally, the Investors Education and Protection Fund Authority (IEPFA) has launched the Second 100 Days Campaign – "Saksham Niveshak" – from April 1, 2026, to July 9, 2026. Shareholders with unpaid or unclaimed dividends or those needing to update KYC details are requested to contact the company's Registrar and Share Transfer Agent, KFin Technologies Limited, via email at einward.ris@kfintech.com .

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE0LXT01019/fc419138fafd48aa.pdf