Outcome of Board Meeting

September 02, 2026 To, To, National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No. C-1, Block-G, Phiroze Jeejeebhoy Towers Bandra Kurla Complex, Bandra (E), Dalal Street, Fort, Mumbai – 400051 Mumbai – 400001 NSE Symbol: MANYAVAR BSE Scrip Code: 543463 Madam / Sir, Sub: Outcome of Board Meeting under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”) Pursuant to Regulation 30 read with Part A of Schedule III and other applicable provisions of the Listing Regulations, we wish to inform you that the Board of Directors of Vedant Fashions Limited (“the Company”) at its meeting held today i.e., Wednesday, September 02, 2026, has inter-alia considered and approved the following: 1. Appointment of Mr. Nihir Parikh (DIN: 03434395) as an Additional Director, to be designated as Non-Executive Independent Director of the Company Based on the recommendation of Nomination and Remuneration Committee on July 17, 2026, the Board of Directors of the Company has approved the appointment of Mr. Nihir Parikh (DIN: 03434395) as an Additional Director, to be designated as Non-Executive Independent Director of the Company, not liable to retire by rotation, for a term of five (5) consecutive years commencing from September 02, 2026, subject to the approval of the shareholders at the ensuing Annual General Meeting of the Company. Mr. Nihir Parikh is not related to any of the Directors, Key Managerial Personnel, Promoters or members of the Promoter Group of the Company. Mr. Nihir Parikh meets the criteria of independence as prescribed under the Companies Act, 2013 and Listing Regulations. He has also confirmed that he is not disqualified from being appointed as a Director under Section 164 of the Companies Act, 2013. Further, he has not been debarred from holding the office of Director by virtue of any order passed by the Securities and Exchange Board of India or any other statutory authority. The details as required to be disclosed under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed as "Annexure A". 2. Appointment of Ms. Neetu Kashiramka (DIN: 01741624) as an Additional Director, to be designated as Non-Executive Independent Director of the Company Based on the recommendation of Nomination and Remuneration Committee on September 02, 2026, the Board of Directors of the Company has approved the appointment of Ms. Neetu Kashiramka (DIN: 01741624) as an Additional Director, to be designated as Non-Executive Independent Director of the Company, not liable to retire by rotation, for a term of five (5) Vedant Fashions Limited Registered Office: 19, Canal South Road, Paridhan Garment Park, SDF-1. 4th Floor, A501-A502, Kolkata: 700015, Phone: +91 3361255353 Email: info@vedantfashions.com | Website: www.vedantfashions.com | CIN: L51311WB2002PLC094677 consecutive years commencing from September 02, 2026, subject to the approval of the shareholders at the ensuing Annual General Meeting of the Company. Ms. Neetu Kashiramka is not related to any of the Directors, Key Managerial Personnel, Promoters or members of the Promoter Group of the Company. Ms. Neetu Kashiramka meets the criteria of independence as prescribed under the Companies Act, 2013 and Listing Regulations. She has also confirmed that she is not disqualified from being appointed as a Director under Section 164 of the Companies Act, 2013. Further, she has not been debarred from holding the office of Director by virtue of any order passed by the Securities and Exchange Board of India or any other statutory authority. The details as required to be disclosed under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed as "Annexure B". 3. Completion of tenure of Mr. Tarun Puri (DIN: 02117623), Independent Director on September 05, 2026 In terms of provisions of Regulation 30 of the Listing Regulations, we would like to inform you that, Mr. Tarun Puri (DIN: 02117623) will complete his current tenure as an Independent Director of the Company on September 05, 2026 (closing business hours) and consequently will cease to be an Independent Director of the Company with effect from September 05, 2026 (closing business hours). The Board of Directors and the Management of the Company place on record its sincere appreciation for the valuable contributions, guidance and services rendered by Mr. Tarun Puri during his tenure as Independent Director of the Company. The details as required under Regulation 30 of the Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, is attached herewith as an “Annexure- C”. 4. Reconstitution of Committees of the Board of Directors Consequent upon the above appointments and completion of tenure of Independent Director, Mr. Nihir Parikh and Ms. Neetu Kashiramka shall be inducted as a member of the Audit Committee and Nomination & Remuneration Committee of the Board and accordingly, the Board has approved the reconstitution of the following Committees of the Board, with effect from September 02, 2026 as under: i. Audit Committee - Pursuant to Section 177 of the Companies Act, 2013 read with Regulation 18 of the Listing Regulations, the Board of Directors has re-constituted the Audit Committee as follows: Sl. No. Name of the Member Designation 1 Neetu Kashiramka Chairman, Independent Director 2 Manish Mahendra Choksi Member, Independent Director 3 Ravi Modi Member, Executive Director Vedant Fashions Limited Registered Office: 19, Canal South Road, Paridhan Garment Park, SDF-1. 4th Floor, A501-A502, Kolkata: 700015, Phone: +91 3361255353 Email: info@vedantfashions.com | Website: www.vedantfashions.com | CIN: L51311WB2002PLC094677 ii. Nomination and Remuneration Committee - Pursuant to Section 178 of the Companies Act, 2013 read with Regulation 19 of the Listing Regulations, the Board of Directors has re-constituted the Nomination and Remuneration Committee as follows: Sl. No. Name of the Member Designation 1 Manish Mahendra Choksi Chairman, Independent Director 2 Sunish Sharma Member, Non-Executive Director 3 Nihir Parikh Member, Independent Director 5. 24th Annual General Meeting (AGM) of the Company for the Financial Year 2025-26 The 24th Annual General Meeting ('AGM') of the Members of the Company for the Financial Year 2025-26 will be held through Video Conferencing/other Audio-Visual means on Monday, September 28, 2026, at 3:00 P.M. (IST). The AGM Notice will be sent to the shareholders in accordance with the applicable laws on their registered email addresses in due course. The cut-off date for reckoning the voting rights of the members for remote e-voting and voting at the AGM is Monday, September 21, 2026. 6. Dividend and Record Date Pursuant to Regulation 42 of the Listing Regulations, the record date for the purpose of determining the entitlement of Members for the purpose of payment of Final Dividend for the Financial Year ended March 31, 2026, would be Monday, September 21, 2026. The dividend, as recommended by the Board of Directors, if approved at the ensuing 24th AGM of the Company, scheduled for Monday, September 28, 2026, will be paid on or after Tuesday, September 29, 2026 to shareholders whose names are registered in the Company’s Register of Members as Beneficial Owners as per the lists to be furnished by NSDL and CDSL in respect of the shares of the Company, which are maintained with the Registrar & Share Transfer Agent (RTA), as at the end of business hours on Monday, September 21, 2026. The meeting of the Board of Directors commenced at 08: 00 p.m. and concluded at 08: 40 p.m. The above information is being made available on the website of the Company www.vedantfashions.com. 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