Vedant Fashions Limited has rescheduled its upcoming interaction with investors and analysts. The meeting is now set for June 05, 2026. This intimation was filed on June 01, 2026, under Regulation 30 read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details

The interaction will be conducted in a physical format as a one-to-one meeting. The key details of the revised schedule are outlined below:

Scope of Discussion

Vedant Fashions has clarified that the company does not intend to discuss any unpublished price sensitive information during these meetings. Any discussion conducted will be strictly based on information already available in the public domain.

Regulatory Filing

The intimation was signed by Navin Pareek, Company Secretary and Compliance Officer of Vedant Fashions Limited, and submitted digitally on June 01, 2026. The company has requested the exchanges to take the information on record and disseminate it on their respective websites. The company also noted that the schedule may undergo changes due to exigencies on the part of the company and/or the investor(s)/analyst(s).

Vedant Fashions Limited has received an Order-in-Appeal dated May 13, 2026, passed by the Office of the Additional Commissioner (Appeal), Kolkata Appeal-I, CGST & CX, Kolkata, rejecting the company's appeal against the Order-in-Original (OIO) dated February 02, 2025. The order was received by the company via email on May 13, 2026, at around 02:43 P.M. (IST). The appellate authority has upheld the OIO in its entirety without any modification, confirming the demand and penalty previously raised against the company.

Background and Nature of the Dispute

The matter was originally disclosed by the company on February 07, 2025, when it reported receipt of the Order-in-Original. The OIO pertained to the period covering FY 2017-18 to FY 2019-20 and involved allegations of non-compliance related to Input Tax Credit (ITC) under GST laws. The company had subsequently filed an appeal before the appellate authority under Section 107 of the CGST Act, 2017, which has now been rejected through the Order-in-Appeal dated May 13, 2026.

Details of the Confirmed Demand

The Order-in-Appeal has confirmed the following demands without any modification:

The demand pertains to recovery of proportionate ITC attributable to exempted, nil-rated, or non-GST supplies for the period FY 2017-18 to FY 2019-20. In addition to the ITC recovery and penalty, interest as applicable on the ITC amount has also been confirmed by the appellate authority.

Company's Response and Next Steps

Vedant Fashions has stated that, except for the amounts mentioned above, there is no other impact on the financial or operational activities of the company. The company is currently evaluating the Order-in-Appeal and has indicated it will take necessary steps, including seeking appropriate relief, within the prescribed timelines. The intimation was submitted under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was signed by Navin Pareek, Company Secretary and Compliance Officer.