Vaibhav Global Limited has announced that its step-down subsidiary SHOPLC Global Inc., USA has received a significant grant under the Employee Retention Credit Scheme. The company informed stock exchanges on January 22nd, 2026, about this development in compliance with regulatory disclosure requirements.

Grant Details and Amount

The subsidiary received a grant amounting to US$2.76 million (net of expenses) from the Internal Revenue Service, Department of the Treasury, United States of America. This grant was provided under the Employee Retention Credit (ERC) Scheme, which forms part of the broader Coronavirus Aid, Relief and Economic Security Act (CARES Act).

Background of the ERC Scheme

The Employee Retention Credit Scheme was introduced as part of the CARES Act, which the United States Government enacted to mitigate the adverse economic impact of the COVID-19 pandemic. The ERC operates as a fully refundable payroll tax credit designed to provide financial assistance to eligible employers who were affected by the pandemic.

This scheme represents one of several relief measures implemented by the US Government to support businesses during the challenging economic conditions brought about by the global health crisis.

Financial Impact Assessment

The subsidiary is currently undertaking a comprehensive evaluation process to determine the appropriate accounting and financial treatment of the received grant. Key aspects of this assessment include:

• Determining the correct accounting methodology for the grant
• Evaluating potential impact on consolidated financial statements
• Ensuring compliance with applicable accounting standards
• Assessing any reporting implications for the parent company

The company has indicated that this evaluation process is ongoing, and any material impact on the consolidated financial statements will be assessed accordingly.

Regulatory Compliance

Vaibhav Global Limited made this disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The announcement was communicated to both the National Stock Exchange of India Limited and BSE Limited, ensuring full compliance with regulatory requirements for material information disclosure.

Vaibhav Global Limited has announced its quarterly earnings conference call to discuss the company's Q3 & 9M FY26 financial results with investors and analysts. The announcement was made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, under Regulation 30.

Conference Call Schedule

The earnings conference call has been scheduled for the following date and time:

Management Participation

The conference call will be conducted by senior management representatives who will present the company's performance and address investor queries:

• Mr. Sunil Agrawal - Managing Director
• Mr. Nitin Panwad - Group CFO

Access Information for Participants

The company has provided comprehensive access details to ensure broad participation from domestic and international investors:

Domestic Access Numbers

International Toll-Free Numbers

Additionally, participants can register through the Diamond Pass Link provided by the company for streamlined access to the conference call.

Contact Information

For further information regarding the earnings call, participants can reach out to:

Investor Relations:

• Prashant Saraswat, Head- Investor Relations
• Tel: +91-8920609578
• Email: prashant.saraswat@vglgroup.com

Public Relations:

• Mr. Amit Sharma / Ms. Nishita Bhatt
• Adfactorspr Pvt. Ltd.
• Tel: +91 9867726686 / +91 8691998270
• Email: amit.sharma@adfactorspr.com / nishita.bhatt@adfactorspr.com

Regulatory Compliance

The announcement was signed by Yashasvi Pareek, Company Secretary & Compliance Officer (M. No.: A39220), and submitted to both NSE (Symbol: VAIBHAVGBL) and BSE (Scrip Code: 532156). The company has noted that any unforeseen exigency on the part of the company, investors, or analysts may lead to changes in the scheduled date or time.