Garment Mantra Lifestyle Limited has announced a revision to the payment period for the First Call on its partly paid-up equity shares. The company's Rights Issue Committee, in a meeting held on July 29, 2025, approved a corrigendum to extend the payment window.

Extended Payment Window

The new payment period for the First Call will now run from August 4, 2025, to August 18, 2025, providing shareholders with a 15-day window to make their payments. This extension replaces the previously announced dates of July 28, 2025, to August 6, 2025.

First Call Details

The First Call requires eligible shareholders to pay ₹0.30 per partly paid-up equity share, which comprises:

• ₹0.25 towards the paid-up value
• ₹0.05 towards the share premium

This call applies to shareholders who held partly paid-up equity shares on the record date of July 11, 2025.

Payment Methods

Shareholders can make their First Call payments through the following methods:

1. Online ASBA: Through the website of Self-Certified Syndicate Banks (SCSBs)
2. Physical ASBA: By submitting a physical application to the designated branch of SCSBs
3. Online 3-in-1 Account: Using integrated trading-demat-bank accounts offered by some brokers

Important Notes for Shareholders

• The trading of ₹0.25 partly paid-up equity shares (ISIN: INE653S20010) has been suspended on the stock exchange since July 11, 2025.
• Trading of ₹0.50 partly paid-up equity shares under the new ISIN: IN9653S01026 is expected to commence within three weeks after the payment deadline.
• Failure to pay the First Call Money by the deadline will result in:
  1. Interest charges of 10.00% per annum on delayed payments
  2. Potential deductions from future dividends
  3. Possible forfeiture of shares

Accessing Information

Shareholders can download the First Call Notice, detailed instructions, ASBA application form, and payment slip from:

• The company's website: https://www.garmentmantra.com/investors/
• The Registrar and Transfer Agent's website: https://www.bigshareonline.com/
• BSE website: www.bseindia.com

For any queries related to the First Call payment, shareholders can contact Bigshare Services Pvt Ltd at 022 6263 8200 (operational Monday to Friday, 10 AM to 5 PM) or email investor@bigshareonline.com .

Garment Mantra Lifestyle Limited emphasizes the importance of timely payment to avoid any adverse consequences on shareholdings. The company's move to extend the payment window provides additional flexibility for shareholders to meet their obligations in the rights issue process.

Garment Mantra Lifestyle Limited has reported a robust performance for the first quarter, marking a significant milestone in its growth trajectory. The company's strategic focus on international markets and expansion of its domestic presence has yielded positive results.

Export Performance Soars

The company witnessed a substantial uptick in export orders, particularly from key international markets in the Middle East and Southeast Asia. Garment Mantra's export revenue reached Rs. 74.20 crore in Q1, driven by new client acquisitions and repeat orders from existing overseas buyers. This performance underscores the growing international recognition of the company's quality standards and competitive pricing.

Domestic Market Expansion

Garment Mantra has been actively strengthening its foothold in the domestic market. The company expanded its retail and distribution network, with a particular focus on Tier-2 cities. By launching new products tailored to these markets and enhancing its dealer and distributor coverage, the company aims to capture a larger share of the growing domestic demand.

Strategic Entry into Institutional Sales

A notable achievement for Garment Mantra this quarter was securing and successfully completing its first government order. This milestone order, valued at Rs. 47.18 crore, marks the company's strategic entry into the institutional sales segment. The timely delivery of this order demonstrates Garment Mantra's capability to meet institutional-grade requirements and opens up new avenues for growth.

Management Commentary

Mr. Prem Aggarwal, Managing Director of Garment Mantra Lifestyle Limited, expressed satisfaction with the company's performance, stating, "We are pleased to report a robust start to the quarter. The strong momentum in exports reflects growing international recognition of our quality standards and competitive pricing. Securing our first Government order is another important milestone that validates our capability to meet institutional-grade requirements."

Mr. Aggarwal further emphasized the company's commitment to sustainable growth and enhancing value for all stakeholders as they continue to expand both domestically and globally.

Looking Ahead

As Garment Mantra Lifestyle Limited continues to build on its strong start, the company appears well-positioned to capitalize on both international and domestic opportunities. The successful expansion of its product range, coupled with its entry into institutional sales, suggests a diversified growth strategy that could potentially drive further success in the coming quarters.

Investors and industry observers will be keenly watching how Garment Mantra leverages these early successes to sustain its growth momentum throughout the year.