Striders Impex Limited’s wholly owned subsidiary, Striders Hub General Trading L.L.C., has entered into a license agreement with Warner Bros. Consumer Products Inc. to expand its product portfolio across the Middle East. The agreement allows the subsidiary to develop, manufacture, advertise, promote, sell, and distribute licensed merchandise, significantly broadening its market reach in the region.

Under the terms of the agreement, Striders Hub has acquired the rights to handle licensed properties including Batman Core, Harry Potter Core, Ben 10: Animated Series, Powerpuff Girls: Animated Series, and Tom & Jerry Core. The product categories covered under this license include bags, pouches, drinkware, stationery, toys, and games.

The territorial scope of the license encompasses Bahrain, Egypt, Jordan, Kuwait, Lebanon, Oman, Qatar, Saudi Arabia, and the United Arab Emirates. This strategic move allows the company to leverage popular intellectual properties to drive sales in these key markets.

The license agreement is set to remain valid until September 30, 2028, providing a long-term window for the subsidiary to establish and grow its presence in the licensed merchandise segment. The disclosure was made to the National Stock Exchange of India in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Agreement Details

Striders Impex Limited reported a revenue from operations of ₹4,007.81 lakh and a net profit of ₹490.92 lakh for the financial year ended March 31, 2026. The board approved the audited financial results for the standalone and consolidated entities during its meeting held on May 27, 2026. The company also completed an Initial Public Offer (IPO) during the year, raising ₹32,62,46,400 through a fresh issue and an Offer for Sale (OFS).

Financial Performance

For the year ended March 31, 2026, the company recorded a total revenue of ₹4,007.81 lakh, compared to ₹6,078.89 lakh in the previous year. Profit before tax stood at ₹643.37 lakh, while profit after tax for the year was ₹490.92 lakh. The basic earnings per share (EPS) for FY26 was reported at ₹2.58. The company utilized ₹842.23 lakh of the IPO proceeds for objectives including funding working capital requirements and general corporate purposes, with no deviation reported in the utilization of funds.

Auditor and Director Re-appointments

The board recommended the re-appointment of Mrs. Mariya Mustafa Kapasi (DIN: 09804658) as a Non-Executive Director, subject to shareholder approval at the forthcoming Annual General Meeting. Mrs. Kapasi, who retires by rotation, brings over 15 years of experience in fashion consultancy and product design. Additionally, the board recommended the re-appointment of M/s. VRSKD & Co., Chartered Accountants (FRN: 162923W), as Statutory Auditors for a term of five years, concluding at the Annual General Meeting for the Financial Year 2030-31.

Internal and Secretarial Auditors

The board approved the re-appointment of M/s. Nikhil. K. Shah & Associates (FRN: 152979W) as Internal Auditors for FY 2026-27. The firm specializes in accounting, taxation, and wealth management. M/s. Shweta Gokarn & Co. (FRN: S2012MH186500) was re-appointed as Secretarial Auditor for FY 2026-27, focusing on Company Law and Securities Laws compliance.

Summary of Key Metrics