V2 Retail Limited has filed its quarterly compliance certificate with stock exchanges for the quarter ended March 31, 2026, fulfilling regulatory requirements under SEBI depositories regulations. The submission demonstrates the company's adherence to mandatory compliance protocols for listed entities.

Regulatory Compliance Filing

The company submitted the certificate pursuant to Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, to both BSE Limited and National Stock Exchange of India Limited on April 9, 2026. Company Secretary and Compliance Officer Shivam Aggarwal signed the filing on behalf of V2 Retail Limited.

Registrar Confirmation

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, serving as the company's registrar and transfer agent, provided the confirmation certificate dated April 8, 2026. The registrar confirmed proper handling of securities received from depository participants for dematerialization during the quarter.

Compliance Confirmations

The registrar's certificate confirms that securities received for dematerialization during Q4 FY26 were properly processed within prescribed timelines. Key confirmations include:

• Securities received from depository participants were confirmed to depositories
• All securities have been listed on stock exchanges where earlier issued securities are listed
• Security certificates received for dematerialization were properly verified
• Physical certificates were mutilated and cancelled after due verification
• Depository names were substituted in the register of members as registered owners

This quarterly filing represents standard regulatory compliance for listed companies, ensuring transparency in securities handling and maintaining investor confidence in the dematerialization process.

V2 retail Limited has delivered exceptional financial results for Q4 FY26 and FY26, showcasing robust growth across key performance metrics. The company's transition from a regional player to a national platform continues to gain momentum, supported by focused investments in operational transformation and customer-centric innovation.

Outstanding Q4 FY26 Financial Performance

The company demonstrated exceptional top-line growth during the quarter ended March 31, 2026. V2 retail's performance metrics reflect the scalability of its value-fashion business model and disciplined execution strategy.

The company achieved solid same store sales growth of 7.74% in Q4 FY26, enabled by its data-backed assortment strategy and product-first mindset. This approach delivered high sell-through rates while minimizing markdowns, contributing to overall profitability.

Aggressive Network Expansion in Tier 2/3 Markets

V2 retail's expansion strategy focused on high-growth markets, particularly in Tier 2 and Tier 3 cities where consumption-driven demand remains strong. The company successfully opened 33 new stores while closing 2 stores during Q4 FY26, demonstrating a selective growth approach.

The enhanced store productivity is evident from the monthly sales per square feet reaching ₹794 during Q4 FY26, indicating faster ramp-up and improving productivity of recent store additions.

Exceptional Full Year FY26 Results

The annual results reinforce the portability of V2 retail's "Value and Variety" model across different geographies. The company's performance in non-core territories has strengthened management confidence for continued aggressive expansion.

During FY26, the company achieved net addition of 136 stores, comprising 139 new store openings and 3 closures. The encouraging performance of new stores in Maharashtra, Punjab, Rajasthan, and South India has validated the company's expansion strategy beyond its traditional markets.

Strategic Outlook and Compliance

The financial results are subject to limited review and audit by the company's statutory auditors. V2 retail has maintained transparency by sharing this business update under the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. The company's strong performance across both quarterly and annual metrics demonstrates the effectiveness of its strategic initiatives and positions it well for continued growth in the value retail segment.