NSEUpdates13 Jul 2026 · 13 Jul 2026, 06:48 pm
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Vaibhav Global Limited · VAIBHAVGBL
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Vaibhav Global Limited has informed the Exchange regarding 'Business Responsibility & Sustainability Report for the FY 2025-26'.
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Growth Catalyst3/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment6/10
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Vaibhav Global Limited has informed the Exchange regarding 'Business Responsibility & Sustainability Report for the FY 2025-26'.
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VAIBHAV GLOBAL LIMITED
Ref: VGL/CS/2026/54 Date: 13th July, 2026
National Stock Exchange of India Limited BSE Limited
Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers,
Bandra Kurla Complex, Dalal Street,
Bandra, Mumbai – 400 051 Mumbai – 400 001
Symbol: VAIBHAVGBL Scrip Code: 532156
Subject: Business Responsibility & Sustainability Report for the FY 2025-26
Dear Sir / Madam,
Pursuant to SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find
enclosed herewith the Business Responsibility & Sustainability Report of the Company. The same is also
available on the website of the Company at www.vaibhavglobal.com.
This is for your information and record.
Yours truly,
For Vaibhav Global Limited
Yashasvi Pareek
Company Secretary & Compliance Officer
M. No.: A39220
Encl: as above
Registered Office: E-69, EPIP, Sitapura Industrial Area, Jaipur-302022, Rajasthan, India • Phone: +91-141-2770648; +91-141-2771975
CIN: L36911RJ1989PLC004945 • Email: investor_relations@vaibhavglobal.com • Website: www.vaibhavglobal.com
VAIBHAV GLOBAL LIMITED
Business Responsibility & Sustainability Reporting
SECTION A: GENERAL DISCLOSURES
I. DETAILS OF THE LISTED ENTITY:
1. Corporate Identity Number (CIN) of the Listed Entity L36911RJ1989PLC004945
2. Name of the Listed Entity Vaibhav Global Limited
3. Year of incorporation 1989
4. Registered office address E-69, EPIP, Sitapura Industrial Area, Jaipur - 302022 (Rajasthan)
5. Corporate address E-69, EPIP, Sitapura Industrial Area, Jaipur - 302022 (Rajasthan)
6. E-mail investor_relations@vaibhavglobal.com
7. Telephone 91-141-2771975
8. Website www.vaibhavglobal.com
9. Financial year for which reporting is being done 2025-26
10. Name of the Stock Exchange(s) where shares are
Name of the Exchange Stock Code
listed
BSE Limited 532156
National Stock Exchange of India Limited VAIBHAVGBL
11. Paid-up Capital ₹ 33,41,35,296
12. Name and contact details (telephone & email Mr. Vidit Bhardwaj T: +91 141 2771975
address) of the person who may be contacted in E: investor_relations@vaibhavglobal.com
case of any queries on the BRSR report
13. Reporting boundary - Are the disclosures under The disclosures under this report are made on standalone
this report made on a standalone basis (i.e. only for basis.
the entity) or on a consolidated basis (i.e. for the
entity and all the entities which form a part of its
consolidated financial statements, taken together).
14. Name of assurance provider Not Applicable for the reporting period
15. Type of assurance obtained Not Applicable for the reporting period
II. PRODUCTS/SERVICES
16. Details of business activities (accounting for 90% of the turnover):
S. % of Turnover of the
Description of Main Activity Description of Business Activity
No. entity
1. Manufacture and exporter of fashion Manufacture and exporter of fashion 91
jewellery and related articles jewellery and related articles
17. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover):
S. % of Turnover
Product/ Service NIC Code
No. contributed
1. Fashion Jewellery and Gemstone 3211 91
III. OPERATIONS
18. Number of locations where plants and/or operations/offices of the entity are situated:
Location Number of plants Number of offices Total
National 3 3 6
International While the Company’s subsidiaries operates at various international locations, Vaibhav Global Limited
on a standalone basis, does not have any overseas plants or offices.
Integrated Annual Report 2025-26 1
VAIBHAV GLOBAL LIMITED
19. Markets served by the entity:
a. Number of locations
Locations Number
National (No. of States & Union Territories) 2
International (No. of Countries) 21*
*Refers to no. of countries to whom exports were made during the year. However, the Company does not have any overseas offices/plants/
establishment on a standalone basis.
b. What is the contribution of exports as a percentage of the total turnover of the entity?
The contribution of exports as a percentage of the total turnover of the entity is 99%.
c. A brief on types of customers:
A s a global digital retailer, we engage with customers through our 24x7 proprietary television shopping
channels and multiple digital platforms like proprietary website, mobile applications and marketplaces. Our
offerings include fashion jewellery, gemstones, and a curated range of lifestyle products comprising home
décor, hair care, beauty care, apparels and accessories. A key consumer segment for us continues to be
Gen-X and Baby Boomers, driven by factors such as convenience, highest disposable income mix, and strong
alignment with our product offering. Additionally, we also serve select B2B clients on an opportunity-driven
basis. We engage in B2B to stay aligned with evolving jewellery trends and to keep pace with advancements
in manufacturing technologies. This also allows us to ensure efficient operations and optimum utilisation of our
manufacturing capacities.
IV. EMPLOYEES
20. Details as at the end of Financial Year:
a. Employees and workers (including differently abled):
S. Total Male Female
Particulars
No. (A) No. (B) % (B / A) No. (C) % (C / A)
EMPLOYEES
1. Permanent (D) 963 784 81.41 179 18.59
2. Other than Permanent (E) 359 309 86.07 50 13.93
3. Total employees (D + E) 1322 1093 82.68 229 17.32
WORKERS
4. Permanent (F) 143 138 96.5 5 3.5
5. Other than Permanent (G) 1036 946 95.31 90 8.69
6. Total workers (F + G) 1179 1084 91.94 95 8.06
b. Differently abled Employees and workers:
S. Total Male Female
Particulars
No. (A) No. (B) % (B / A) No. (C) % (C / A)
DIFFERENTLY ABLED EMPLOYEES
1. Permanent (D) 1 1 100.00 - 0.00
2. Other than Permanent (E) - - 0.00 - 0.00
3. Total differently abled employees (D + E) 1 1 100.00 - 0.00
DIFFERENTLY ABLED WORKERS
4. Permanent (F) - - 0.00 - 0.00
5. Other than Permanent (G) 10 8 80.0 2 20.0
6. Total differently abled workers (F + G) 10 8 80.0 2 20.0
21. Participation/Inclusion/Representation of women
No. and percentage of Females
Total (A)
No. (B) % (B / A)
Board of Directors 8 2 25.00
Key Management Personnel 2 - 0.00
2 Integrated Annual Report 2025-26
VAIBHAV GLOBAL LIMITED
22. Turnover rate for permanent employees and workers (in percent)
FY 2025-26 FY 2024-25* FY 2023-24*
Male Female Total Male Female Total Male Female Total
Permanent Employees 16.4 20.8 17.18 11.5 19.8 12.9 12.3 21.3 13.8
Permanent Workers 2.1 - 2.04 3.8 - 3.7 2.5 - 2.4
V. HOLDING, SUBSIDIARY AND ASSOCIATE COMPANIES (INCLUDING JOINT VENTURES)
23. (a) Names of holding / subsidiary / associate companies / joint ventures
Does the entity
% of
indicated at column
Name of the holding/ subsidiary/ Indicate whether holding/ shares
S. A, participate in the
associate companies/ Subsidiary/ Associate/ Joint held by
No. Business Responsibility
joint ventures (A) Venture listed
initiatives of the listed
entity
entity? (Yes/No)
1. Brett Enterprises Private Limited, India Holding Company - No
2. VGL Retail Ventures Limited, Mauritius Subsidiary Company 100.00 No
3. STS Jewels Inc., USA Subsidiary Company 100.00 No
4. STS Global Supply Limited, Hongkong Subsidiary Company 100.00 No
5. STS Global Limited, Thailand Subsidiary Company 100.00 No
6. STS Global Limited, Japan Subsidiary Company 100.00 No
7. Shop LC GmbH, Germany Subsidiary Company 100.00 No
8. Vaibhav Lifestyle Limited, India Subsidiary Company 100.00 No
9. Shop TJC Limited, UK Step-down Subsidiary Company 100.00 No
10. Shop LC Global Inc., USA Step-down Subsidiary Company 100.00 No
11. PT. STS Bali, Indonesia Step-down Subsidiary Company 100.00 No
12. STS (Guangzhou) Trading Limited, China Step-down Subsidiary Company 100.00 No
13. Mindful Souls BV, Netherlands Step-down Subsidiary Company 100.00 No
VI. CSR DETAILS
24. (i) Whether CSR is applicable as per section 135 of Companies Act, 2013: Yes
(ii) Turnover – ₹ 5,63,27,60,708
(iii) Net worth – ₹ 7,69,98,58,906
VII. TRANSPARENCY AND DISCLOSURES COMPLIANCES
25. Complaints/Grievance on any of the principles (Principles 1 to 9) under the National Guidelin
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