Vaibhav Global Limited Allots 18,041 Equity Shares to Employee Stock Option Welfare Trust

Vaibhav Global Limited has completed the allotment of 18,041 equity shares to its Employee Stock Option Welfare Trust on March 17, 2026. The shares were allotted under various employee benefit schemes operated by the company.

Share Allotment Details

The company issued the equity shares with specific parameters as outlined below:

Parameter:	Details
Number of Shares:	18,041
Face Value per Share:	Rs. 2/-
Allotment Date:	March 17, 2026
Beneficiary:	Vaibhav Global Employee Stock Option Welfare Trust
Purpose:	Employee benefit schemes

Impact on Share Capital

Following the allotment, the company's capital structure has been updated with the following changes:

Capital Structure:	Post-Allotment
Paid-up Equity Share Capital:	Rs. 33,41,35,296
Total Number of Equity Shares:	16,70,67,648
Face Value per Share:	Rs. 2/-

The allotment represents the company's commitment to its employee benefit programs through the structured distribution of equity shares to the dedicated welfare trust.

Regulatory Compliance

Vaibhav Global Limited has notified both major stock exchanges about this corporate action. The company communicated the allotment details to:

National Stock Exchange of India Limited (NSE) - Trading Symbol: VAIBHAVGBL
BSE Limited - Scrip Code: 532156

The notification was signed by Yashasvi Pareek, Company Secretary & Compliance Officer (Membership No.: A39220), ensuring proper regulatory compliance and transparency in the allotment process.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+5.69%	-4.06%	-17.80%	-17.74%	-18.24%	-74.73%

Vaibhav Global Limited announced a significant milestone in its sustainability journey as ICRA ESG Ratings upgraded its Combined ESG Rating to '74 (Strong)' on March 05, 2026. This upgrade reflects the company's continued commitment to environmental, social, and governance excellence across its global operations.

Rating Upgrade Highlights

The improved ESG rating recognizes several key aspects of VGL's business performance and sustainability initiatives:

Parameter	Recognition
Business Approach	Resilient business strategy
Tariff Management	Effective handling of tariff-related pressures
Sustainability Progress	Consistent advancement in sustainability efforts
Governance Standards	Sound governance with active board supervision
ESG Transparency	Strengthened reporting and disclosure practices

Management Commentary

Mr. Sunil Agrawal, Managing Director of Vaibhav Global Limited, expressed gratitude for the recognition, stating that the upgrade reflects the company's commitment to renewable energy, operational efficiency, and supporting communities where they operate. He emphasized the company's focus on accelerating its decarbonization journey and embedding low-carbon practices across the value chain to create long-term sustainable value for all stakeholders.

Company Overview

Vaibhav Global Limited operates as an omni-channel E-tailer of fashion jewellery, accessories, and lifestyle products in developed markets. The company maintains direct access to approximately 127 million households through its TV home shopping networks including Shop LC in the US, Shop TJC & Ideal World in the UK, and Shop LC in Germany.

Social Impact Initiatives

The company demonstrates its commitment to social responsibility through its flagship midday meal program 'Your Purchase Feeds...', where a meal is provided for every piece sold at retail channels. Through this initiative, VGL has provided over 103 million meals across the US, UK, Germany, and India, maintaining a run rate of approximately 57,000 meals donated every school day since the program's inception.

Strategic Focus Areas

The ESG rating upgrade underscores VGL's strategic priorities in sustainability and governance. The company continues to focus on renewable energy adoption, operational efficiency improvements, and community engagement initiatives. These efforts align with the company's mission of 'Delivering Joy' to all stakeholders while maintaining strong environmental and social governance standards.