Annual Report for the Financial Year 2025-26

September 01, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers, Exchange Plaza, Plot No. C/1, G – Block, Dalal Street, BKC, Bandra (East), Mumbai – 400 001. Mumbai – 400 051. Scrip Code: 532641 Scrip Symbol: NDL Subject: Submission of Annual Report for the Financial Year 2025-26 under Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 Dear Sir/ Madam, With reference to captioned subject, we wish to inform you that the 32nd Annual General Meeting (“AGM”) of Nandan Denim Limited ("the Company") is scheduled to be held on Thursday, September 24, 2026 at 03:00 P.M. (IST) through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”), in compliance with applicable circulars issued by the Ministry of Corporate Affairs (‘MCA circulars’), the Securities and Exchange Board of India (“SEBI circulars”) and other applicable provisions of the Companies Act, 2013, to transact the businesses as set forth in the Notice of AGM. Pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, please find enclosed the Notice of the Annual General Meeting and Annual Report for the financial year 2025-26. In compliance with the MCA Circulars and SEBI Circulars, the Notice of the 32nd AGM and Annual Report for the financial year 2025-26 are being sent on September 01, 2026 only through electronic mode to those Members whose email IDs are registered with the Company/ Depositories Participant (“DP”) / Registrar and Share Transfer Agent (“RTA”). The same are also made available on the website of the Company at www.nandandenim.com. The schedule of the AGM is as set out below: Date & Time of AGM September 24, 2026 at 03:00 P.M. (IST) e-voting start date & time September 21, 2026 at 09:00 A.M. (IST) e-voting end date & time September 23, 2026 at 05:00 P.M. (IST) Website for e-voting www.evotingindia.com We request to kindly take the same on records. Yours faithfully, For, NANDAN DENIM LIMITED Rinku Patel Company Secretary & Compliance Officer Encl : As above Nandan Denim Limited (CIN: L51909GJ1994PLC022719) Registered Office Corporate office Survey No. 198/1, 203/2, Saijpur-Gopalpur, Pirana Road, Piplaj, Ahmedabad-382 405 Chiripal House, Shivranjani Cross Road, Satellite, Ahmedabad -380 015 Ph.:+919879200199 Website:www.nandandenim.com Email:nandan@chiripalgroup.com Ph.: 079-69660000 Fax: 079-26768656 Innovation. Growth. Exquisite Craftsmanship. Nandan Denim Limited Annual Report 2025-26 Whats Inside 02 - 22 23 - 115 CORPORATE OVERVIEW STATUTORY REPORTS Innovation. Growth. Exquisite Craftsmanship. Chiripal Group at a Glance 02 Management Discussion and Analysis Every fabric we create carries more than a story of craftsmanship. It reflects our About The Company 04 ability to evolve, innovate and create greater value. Crafted for More captures Notice 32 our journey of moving beyond the expected, combining experience with new Global Presence 06 possibilities to shape products that meet changing customer needs and inspire Boards’ Report 48 what comes next. Financial Highlights 08 Corporate Governance Report Our foundation is built on more than five efficiency and responsible manufacturing MD Message 10 Buisness Responsibility and decades of textile expertise. Today, we further reflects our commitment to growth Sustainability Reporting bring together integrated manufacturing, that is purposeful and sustainable. Our Offerings 12 product development, design and technology to create denim, shirting and Crafted for More is also about the yarn that balance quality, performance and people behind every achievement — our Operational Excellence 13 116 - 180 contemporary fashion. We continue to employees, customers, partners and strengthen our capabilities, broaden our communities. Together, we are building Environment 16 FINANCIAL STATEMENTS product portfolio and deepen our presence an organisation that is more responsive, across global markets. resilient and future-ready. Board Of Directors 20 Independent Auditors’ 116 Innovation remains central to this journey. As we look ahead, we remain inspired Report From differentiated fabrics and sustainable to create more, achieve more and Corporate Informations 22 Balance Sheet 126 materials to process improvements and contribute more — with innovation as digital tools, we are continually exploring our catalyst, growth as our ambition and better ways to create. Our focus on exquisite craftsmanship at the heart of Statement of Profit and Loss 127 renewable energy, resource everything we do. Statement of Cash Flows 128 Statement of Changes in Equity Notes to Financial Statements 131 Nandan Denim Limited Corporate Overview Statutory Reports Financial Statements Chiripal Group at a Glance Crafted by Experience We have built our presence over use of renewable energy, expansion five decades, with polyester of green cover and reduction of our yarn manufacturing at our core carbon footprint, while contributing At the Forefront and operations across Textiles, to India’s transition towards Petrochemicals, BOPP Films, Education, cleaner energy. Solar, Ethanol, Chemicals and real Our journey began in 1972, when estate etc. Our integrated value-chain Mr. Vedprakash Chiripal founded the presence has enabled the growth of our textiles and packaging businesses and Group with 12 powerlooms and a textile One of the leading One of India’s strengthened our diversified portfolio. trading business in Ahmedabad. Since global exporters of terry fastest growing then, we have expanded our operations towels and bath linen solar manufacturers Backed by more than 54 years of and product portfolio, taking our experience, we have developed products to markets across the globe capabilities across petrochemicals, and supporting the livelihoods of more spinning, weaving, knitting, processing, than 20,000 employees. chemicals, infrastructure, realty, education and renewable energy. We Largest denim Among India’s continue to invest in research and manufacturer in Asia largest process houses development, process capabilities, quality standards and technology to meet evolving market requirements. Sustainability remains integral to our long-term business approach. Our growing solar capabilities support the 02 Annual Report 2025-26 03 Nandan Denim Limited Corporate Overview Statutory Reports Financial Statements Vision Mission About the Company Values To bring holistic abundance to all Where Experience Meets our stakeholders • To be on every garment cutter’s table Innovation • To become a Fashion brand Respect · Flow · True to Oneself • To build a Seva mindset Ownership · Quality · Customer Centricity · Pride in our Work We are among India’s largest denim processes support consistent product producers, with a diverse portfolio quality and enable us to serve customers spanning fashion denim, shirting and yarn. across markets. Trusted by reputed clients As a flagship company of the Chiripal We are strengthening our capabilities as a Group, we serve leading domestic fashion-oriented organisation through our and international brands, exporters fabric production base, in house creative and buying houses. design studio and Product Development Our vertically integrated manufacturing Cell. Together, these capabilities help us facilities are equipped with modern respond to evolving market needs and The Children’s place LIDL Levi’s (Haddad) ABM technology and advanced machinery. create value for our customers, partners (USA) Quality checks across our production and other stakeholders. A fashion-forward portfolio Denim Shirting Yarn Knit Denim, Lightweight Denim, Basics, Smart Casuals, 100% cotton, Blended, Special Blends, Feather Touch, S. Tech., Casuals, Textured, Indigoes, open-end, Organic cotton, Core Prints, Core Classics, Reinvented Sulphur, Fancy, Blends spun, 100% dyed Classics, Novelty, Structured 04 Annual Report 2025-26 05 Nandan Denim Limited Corporate Ov [Showing first 8,000 characters — download PDF for full document]