Garment Mantra Lifestyle Limited has announced key decisions regarding its ongoing rights issue, as approved by the company's Rights Issue Committee. The committee met on October 18, 2025, to finalize details of the second and final call for the partly paid-up equity shares.

Key Decisions

Second and Final Call Notice

• Amount: ₹0.60 per partly paid equity share
• Breakdown: ₹0.50 towards face value and ₹0.10 as premium

Record Date

• Date: October 31, 2025 (Friday)
• Purpose: To determine eligible partly paid-up equity shareholders entitled to receive the Second and Final Call notice

First Call Reminder

• The company plans to issue reminders for the first call payment, along with applicable interest, to shareholders whose first call money remains due

Details of the Committee Meeting

The company has made this announcement in compliance with Regulation 30 and Regulation 42 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Garment Mantra Lifestyle Limited, with its registered office in Tirupur, Tamil Nadu, continues to navigate the complexities of its rights issue process. Shareholders and potential investors should take note of these important dates and financial obligations associated with the partly paid-up equity shares.

As the rights issue progresses, it remains crucial for partly paid-up equity shareholders to stay informed about their payment obligations and the company's announcements to ensure compliance with the terms of the issue.

Garment Mantra Lifestyle Limited , a prominent player in the textile industry, has announced a significant boost to its order book with a new export contract from the Middle East. The company has secured an order worth Rs. 178.05 million (approximately $2.02 million) from AL Rahmat Textiles L.L.C. Imports & Exports, reinforcing its position in the Middle Eastern market.

Order Details and Execution Timeline

The export order, which includes dyed and printed fabrics as well as made-ups dress material, is set to be executed by December 31, 2025. This substantial contract not only demonstrates the company's growing international presence but also provides a clear revenue stream for the coming quarters.

Management's Perspective

Prem Aggarwal, Managing Director of Garment Mantra Lifestyle Limited, expressed enthusiasm about the new order, stating, "We are proud to announce the receipt of this order from the Middle East. This order will strengthen our position in the Middle East market. We are confident it will create meaningful value for our customers."

Aggarwal further emphasized the company's commitment to execution excellence and leveraging this momentum for sustained and inclusive growth, along with timely delivery of products meeting expected quality standards.

Current Financial Year Performance

The company has reported strong performance in the current financial year:

Garment Mantra Lifestyle has already recorded shipments worth approximately Rs. 300 million during the current financial year. These shipments, executed across multiple consignments, cater to a wide spectrum of customers, reflecting the company's strong market reach and sustained demand for its products.

Robust Order Pipeline

In addition to the executed shipments, the company maintains a healthy unexecuted order book of around Rs. 500 million. These orders are scheduled for progressive delivery and are expected to be completed on or before March 31, 2026. The substantial order pipeline underscores customer confidence in the company's capabilities, quality standards, and commitment to timely delivery.

Revenue Visibility and Growth Outlook

The combination of executed sales and a strong forward order book provides clear revenue visibility for the remainder of the financial year. This outlook further strengthens the company's business prospects and growth momentum in the textile sector.

As Garment Mantra Lifestyle Limited continues to expand its international footprint, particularly in the Middle East, the company appears well-positioned to capitalize on growing demand for its textile products. The successful execution of this latest order could pave the way for further opportunities in the region and contribute to the company's long-term growth strategy.