Varvee Global Limited announced the release of its comprehensive investor presentation for Q3FY26 and nine months ended December 31, 2025, pursuant to Regulation 30 of SEBI Listing Regulations. The presentation showcases the company's strategic transformation from operational turnaround to high-velocity growth phase, highlighting sector-leading margins and fortified capital structure.

Strong Financial Performance Across Key Metrics

The company delivered impressive financial results with significant improvements across all major parameters:

Regulatory Compliance and Presentation Details

The investor presentation was submitted to BSE Limited and National Stock Exchange of India Limited on February 16, 2026, in compliance with regulatory requirements. Company Secretary Abira Mansuri confirmed the presentation's availability on the company website at www.varveeglobal.com , ensuring transparent communication with stakeholders.

Strategic Portfolio Transformation and Capacity Expansion

The presentation highlighted the company's deliberate shift from legacy denim toward value-added Non-Denim Shirtings and Suitings, resulting in substantial margin improvements. The 9M gross margin of 84.49% represents a complete turnaround from negative margins in the prior year, demonstrating superior unit economics of the new product mix.

Management Vision and Market Positioning

Chairman & Managing Director Mr. Jaimin Gupta emphasized that the results reflect a fundamental turnaround in VGL's earning capability, with 9M gross margins of 84.5% and positive 9M EBITDA proving the success of the premium non-denim fabric strategy. The management remains committed to compounding free cash flow and maintaining a debt-free balance sheet while capturing expanding opportunities in the Indian textile market.

The company operates primarily from its Narol facility in Ahmedabad, delivering end-to-end in-house capabilities from yarn production to finishing. With the Indian textile market projected to reach USD 250 billion by 2030-31, Varvee Global is positioning itself to capture high-margin demand through its expanded production capacity and strategic focus on value-added fabrics.

Varvee Global Limited's board of directors convened on January 16, 2026, to approve multiple strategic corporate actions that will reshape the company's capital structure and operational framework. The meeting, which lasted from 4:15 PM to 4:30 PM, addressed key decisions including equity share restructuring, leadership changes, and governance appointments.

Equity Share Split Approved

The board approved a significant equity share split, transforming the company's share structure to enhance accessibility for retail investors. The split will convert each existing equity share into two new shares with reduced face value.

The rationale behind this split focuses on making shares more affordable and attractive to retail investors while enhancing market liquidity. The company expects to complete this process within approximately two months from shareholder approval, subject to statutory requirements.

Internal Auditor Transition

The board formalized changes in the internal audit function following Mr. Sanjay Vyas's resignation effective November 30, 2025. Based on the Audit Committee's recommendation, M/s Jagetiya & Co, Chartered Accountants (F.R.N. 131407W) was appointed as the new internal auditor for FY 2025-26.

M/s Jagetiya & Co brings extensive expertise in statutory audit, tax audit, internal audit, GST consultancy, and taxation advisory services. The firm, established as a partnership in 2017, operates with a client-centric, technology-driven approach emphasizing quality and regulatory compliance.

Leadership Remuneration Revisions

The board, acting on recommendations from the Nomination and Remuneration Committee, approved salary revisions for two key executives, subject to shareholder approval:

• Mr. Jaimin Kailash Gupta (DIN: 06833388), Managing Director
• Mr. Tarachand Agrawal (DIN: 00465635), Whole Time Director

Governance and Approval Process

To facilitate shareholder approval for these decisions, the board approved a postal ballot notice and appointed Mr. Tapan Shah, Practicing Company Secretary, as scrutinizer to oversee the voting process. The company will also alter Clause V of its Memorandum of Association to reflect the new capital structure.

The revised authorized share capital will comprise ₹50,00,00,000 divided into 7,00,00,000 equity shares of ₹5.00 each and 1,50,00,000 cumulative redeemable non-convertible preference shares of ₹10.00 each. These corporate actions demonstrate Varvee Global's commitment to enhancing shareholder value and operational efficiency while maintaining robust governance standards.