Vashishtha Luxury Fashion board to consider FY26 results on May 29

Vashishtha Luxury Fashion Limited has scheduled a meeting of its Board of Directors for Friday, May 29, 2026. The primary agenda for the meeting is to consider and approve the audited financial results for the half year and financial year ended March 31, 2026. The results will cover both standalone and consolidated financial statements.

The meeting is set to take place at 3:00 p.m. at the company's registered office located at 307,308, Sun Industrial Estate, Sun Mill Compound, Delisle Road, Lower Parel West, Mumbai – 400 013. This intimation was made in compliance with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Trading Window Closure

In accordance with the company's Code of Conduct for Prevention of Insider Trading and the SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the securities of Vashishtha Luxury Fashion Limited is currently closed. This restriction applies to all insiders, including designated persons, connected persons, and their immediate relatives.

The trading window closed on April 1, 2026, and will remain shut until 48 hours after the declaration of the audited financial results. This measure is intended to ensure fair disclosure of unpublished price-sensitive information and maintain market integrity.

Meeting Details

Detail	Information
Company Name	Vashishtha Luxury Fashion Limited
Meeting Date	May 29, 2026
Meeting Time	3:00 p.m.
Venue	307,308, Sun Industrial Estate, Sun Mill Compound, Delisle Road, Lower Parel West, Mumbai – 400 013
Agenda	To consider and approve Audited Financial Results (Standalone and Consolidated) for the half year and financial year ended March 31, 2026
Trading Window Closure	April 1, 2026 to 48 hours post-result declaration

Vashishtha Luxury Fashion Limited has initiated a postal ballot process seeking shareholder approval for material related party transactions (RPTs) and revisions in the remuneration of its key managerial personnel. In the latest development, the company filed an intimation with BSE Limited on May 15, 2026, confirming the publication of newspaper advertisements regarding the Postal Ballot Notice and e-voting information in Financial Express (English) and Mumbai Lakshdeep (Marathi), pursuant to Regulation 30 and 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was signed by Krupali Thakkar, Company Secretary & Compliance Officer (ACS: A42594).

Postal Ballot Schedule

The key dates governing shareholder participation in the postal ballot process are outlined below.

Parameter:	Details
Cut-Off Date (Eligibility):	May 8, 2026
E-Voting Start:	May 16, 2026, 9:00 a.m. IST
E-Voting End:	June 14, 2026, 5:00 p.m. IST
Newspaper Publication Date:	May 15, 2026
Publications:	Financial Express (English), Mumbai Lakshdeep (Marathi)
E-Voting Facilitator:	National Securities Depository Limited (NSDL)
Scrutinizer:	Ms. Riddhishree Tanna, M/s R.B. Tanna & Associates

Material Related Party Transactions

The Board has approved transactions with two entities, subject to shareholder ratification. The following table summarises the proposed RPTs for which approval is being sought.

Related Party:	Nature:	Transaction Limit:	Validity:
Vashishtha Embroideries Private Limited (material subsidiary):	Contracts/transactions	Not exceeding ₹5,00,00,000	April 1, 2026 – March 31, 2027
Anas Embroideries (sole proprietorship of Promoter Mrs. Archana Odiya):	Contracts/transactions	Not exceeding ₹10,00,00,000	April 1, 2026 – March 31, 2027

Executive Remuneration Revisions

Based on the recommendation of the Nomination and Remuneration Committee, the company seeks approval to revise the remuneration for Mr. Ravindra Dhareshivkar, Managing Director, and Mr. Mustak Odiya, Executive Director. The revisions are effective from April 1, 2026, to March 31, 2028. The proposed remuneration structure for both executives is detailed below.

Component:	Details
Basic Salary:	₹2,00,000 per month
Additional Benefits:	Perquisites and performance-linked variable pay
Maximum Annual Remuneration:	₹40,00,000 per annum (per executive)
Effective Period:	April 1, 2026 – March 31, 2028

Administrative Details

The results of the postal ballot will be announced within two working days of the conclusion of the voting period and will be made available on the company's website and the BSE Limited platform. Members whose email IDs are not registered with the Company or Depository Participant(s) as on the cut-off date are requested to register by writing to the Registrar and Transfer Agent, Bigshare Services Private Limited, at investor@bigshareonline.com , or to the Company at cs@vashishthaluxuryfashion.com .