Garment Mantra Lifestyle Limited Achieves Historic ₹100 Crore Export Sales Milestone in Current Financial Year

2 min read     Updated on 14 Jan 2026, 09:15 AM
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Overview

Garment Mantra Lifestyle Limited achieved a historic milestone of ₹100 crore export sales in the current financial year, representing its highest-ever export performance since inception. The Tirupur-based company's success reflects strong execution capabilities and growing international customer trust, particularly in Gulf and Middle East markets. With state-of-the-art infrastructure and diversified export portfolio, the company remains confident about future growth despite global market challenges.

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Garment Mantra Lifestyle Limited has announced a historic milestone of achieving ₹100 crore in export sales during the current financial year, marking the company's highest-ever export performance since its inception. The Tirupur-based apparel manufacturer disclosed this achievement under Regulation 30 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Historic Export Performance Achievement

The milestone represents a significant transformation for the company into a strong export-oriented apparel and textile player. This achievement underscores the growing trust of international customers across multiple geographies, with particular strength in the Gulf region and Middle East markets.

Achievement Details: Current Financial Year
Export Sales: ₹100 crore
Performance Status: Highest-ever since inception
Primary Markets: Gulf region and Middle East
Business Focus: Export-oriented operations

Strategic Capabilities and Infrastructure

The company's success stems from its consistent focus on quality manufacturing, product innovation, timely execution, and strong customer relationships. The achievement is supported by state-of-the-art manufacturing infrastructure, skilled workforce, and efficient supply chain capabilities that enable scaling operations while maintaining stringent quality and compliance standards.

Over the years, Garment Mantra Lifestyle Limited has steadily expanded its export portfolio, offering premium-quality textile products and garment articles aligned with global fashion trends and customer preferences. The company has successfully maintained its competitive position despite recent market challenges.

Management Commentary and Market Position

Mr. Prem Aggarwal, Managing Director, highlighted that achieving ₹100 crore in export sales represents a proud and defining moment for the company. He emphasized that this success results from relentless team efforts, strong execution capabilities, and long-standing relationships with international customers.

Notably, the company's export business has not been materially impacted by recent American tariff developments, given its diversified export markets and product mix. With sufficient working capital in place, the management remains confident about further growth in export business while focusing on sustainable expansion and long-term value creation.

Company Background and Operations

Garment Mantra Lifestyle Limited, formerly Junction Fabrics & Apparels Ltd, is a Tirupur-based apparel manufacturer and wholesaler with over 25 years of industry experience. Under Mr. Prem Aggarwal's leadership as Chairman & Managing Director, the company has evolved from a domestic-focused player into a growing export-driven enterprise.

Company Profile: Details
Location: Tirupur
Industry Experience: Over 25 years
Business Model: Apparel manufacturing and wholesale
Leadership: Mr. Prem Aggarwal (Chairman & MD)
Transformation: Domestic to export-driven enterprise

Domestically, the company continues strengthening its wholesale network through hubs in Tirupur and Surat, enabling efficient service and competitive pricing across India's major regions. The recent start of Tamil Nadu distribution network will further enhance its nationwide reach using the same model, contributing to India's textile export growth story while maintaining its focus on operational excellence and product diversification.

Historical Stock Returns for Garment Mantra Lifestyle

1 Day5 Days1 Month6 Months1 Year5 Years
+2.61%-5.60%-20.81%-41.00%-29.76%-62.54%
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Garment Mantra Lifestyle Receives BSE Fine Waiver, Addresses Outstanding Penalty Dispute

2 min read     Updated on 07 Jan 2026, 04:59 PM
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Overview

Garment Mantra Lifestyle Limited received a waiver from BSE for a ₹2,05,320.00 fine related to committee composition non-compliance for Q4 FY25, while addressing a ₹49,00,000.00 outstanding fine dispute from 2020-21 quarters where the company claims it already received waivers that weren't updated in BSE records.

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Garment Mantra Lifestyle Limited has successfully obtained a waiver from BSE Limited for a regulatory fine while addressing a separate dispute over outstanding penalties from previous quarters. The textile company disclosed these developments in a regulatory filing dated January 7, 2026, providing updates on its compliance status with the stock exchange.

BSE Grants Fine Waiver for Committee Composition Issue

The company received confirmation that BSE Limited has waived a fine of ₹2,05,320.00 (including GST) that was originally imposed on May 30, 2025. The penalty was levied for alleged non-compliance with the composition requirements of the Nomination and Remuneration committee as per Regulation 19(1) of SEBI(LODR) Regulations, 2015 for the quarter ended March 31, 2025.

Parameter: Details
Fine Amount: ₹2,05,320.00 (including GST)
Original Imposition Date: May 30, 2025
Waiver Confirmation: January 6, 2026
Regulation: SEBI(LODR) Regulation 19(1)
Quarter: March 31, 2025

Outstanding Fine Dispute from Previous Quarters

Simultaneously, the company received an email regarding outstanding fines totaling ₹49,00,000.00 (excluding GST) as of January 6, 2026. These penalties relate to quarters ended June 2020, September 2020, and March 2021. However, Garment Mantra Lifestyle clarified that it had already received waivers from BSE for the fines imposed for June 2020 and September 2020 quarters.

The company explained that the outstanding amount appears to be due to BSE's failure to update their records with the previously granted waivers. Regarding the March 2021 quarter, the company stated it never received communication about any fine imposed for that period.

Quarter: Status
June 2020: Waiver already received
September 2020: Waiver already received
March 2021: No original communication received
Total Outstanding: ₹49,00,000.00 (excluding GST)

Company Response and Next Steps

Garment Mantra Lifestyle has sent a detailed email communication to BSE's designated officer on January 7, 2026, providing clarifications regarding the outstanding fine dispute. The company is currently awaiting BSE's response to resolve the matter.

The company emphasized that since it has already obtained waivers or provided necessary clarifications for the disputed amounts, there is no expected financial impact on its operations. The disclosure was made in compliance with Regulation 30 of the Listing Regulations and SEBI circular dated July 13, 2023.

Regulatory Compliance Framework

The filing demonstrates the company's commitment to maintaining transparency with stakeholders regarding regulatory matters. Both issues relate to compliance with SEBI's Listing Obligations and Disclosure Requirements (LODR) Regulations, which govern various aspects of listed companies' operations and governance structures.

The successful waiver of the recent fine and the company's proactive approach to addressing the outstanding dispute reflect its efforts to maintain good standing with regulatory authorities while protecting shareholder interests.

Historical Stock Returns for Garment Mantra Lifestyle

1 Day5 Days1 Month6 Months1 Year5 Years
+2.61%-5.60%-20.81%-41.00%-29.76%-62.54%
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