Vashishtha Luxury Fashion has fixed September 15, 2026, as the record date for determining shareholder eligibility for its fourth Annual General Meeting. The meeting is scheduled for September 22, 2026, in Mumbai.

The company approved its Directors' Report for the financial year ended March 31, 2026, during a board meeting held on August 25, 2026. The board also appointed M/s SMNK & Co. as statutory auditors for a five-year term.

Record Date and Book Closure

Shareholders holding equity shares on the register as of September 15, 2026, will be eligible to vote through e-voting or in person at the AGM. This cut-off date ensures accurate determination of voting rights pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Register of Members and Share Transfer Books will remain closed from Wednesday, September 16, 2026, to Tuesday, September 22, 2026 (both days inclusive). No transfer of shares will be processed during this period.

Auditor Appointment Details

The board approved the appointment of M/s SMNK & Co., Chartered Accountants (FRN: 134153W), as statutory auditors. The term covers five consecutive years, starting from the conclusion of the fourth AGM until the AGM in 2031, subject to shareholder approval.

SMNK & Co. traces its origins to 1996 through mergers with established firms including Amrish G Shah & Co. and Tapan Patidar & Associates. The firm operates from multiple centers in Gujarat, Madhya Pradesh, and Rajasthan.

AGM and Voting Process

The company appointed M/s R.B. Tanna & Associates, Practicing Company Secretaries, as the scrutinizer for the remote e-voting process during the AGM. This ensures fair and transparent voting procedures.

The notice convening the AGM, along with the Annual Report, will be submitted to stock exchanges in due course.

Vashishtha Luxury Fashion has moved to optimize its asset base by approving the sale of an immovable property in Mumbai for ₹2.30 Crores. The Board of Directors sanctioned the transaction during a meeting held on August 12, 2026, marking a strategic shift to focus resources on expanding operations at its registered office in Lower Parel.

The property being sold is located at Gala No. 6, Ground Floor, Gala Udyog Premises, Kailash Commercial Complex, L.B.S. Marg, Vikhroli (W), Mumbai. Admeasuring 1,096 sq. ft. (built-up area) and bearing C.T.S. Nos. 22 and 22/1 (part), the unit is no longer required for the company’s business operations. The buyer is ASAP Fluids Private Limited, which does not belong to the promoter group or group companies of Vashishtha Luxury Fashion.

Transaction Details

The sale was executed pursuant to a Memorandum of Understanding (MOU) between the two entities. The total lump-sum consideration stands at ₹2.30 Crores (₹2,30,00,000). Of this amount, the company has already received ₹11,00,000 as a token amount. The balance consideration of ₹2,19,00,000 will be received in accordance with the terms of the definitive Sale Agreement, which is to be executed in due course.

Strategic Rationale

Management stated that the disposal is part of a broader strategy to enhance operational capacity at the company’s current premises in Lower Parel. By divesting non-core assets, Vashishtha Luxury Fashion aims to streamline its resource allocation towards existing and expanding operations. The transaction is not classified as a related-party transaction and does not fall under a Scheme of Arrangement or Regulation 37A of the SEBI LODR Regulations.

Regulatory Compliance

The disclosure was made under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing references SEBI circulars SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023, SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The Board meeting concluded at 03:30 P.M. on August 12, 2026.