Pursuant to Regulation 34 (1) of the SEBI (Listing Obligations and Disclosure Requirements), Regulations 2015, please find attached Annual Report of the Company for the financial year 2025-26.

July 30, 2026 BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Dalal St, Kala Ghoda, Fort, Plot No. C/1, G Block, Mumbai - 400001 Bandra Kurla Complex, BSE Scrip Code No. 507880 NSE Symbol – VIPIND Dear Sir/Madam, Subject: Annual Report of V.I.P. Industries Limited for the Financial Year 2025-26 under Regulation 34(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) The 59th Annual General Meeting (“AGM”) of the Members of V.I.P. Industries Limited (“the Company”) will be held on Friday, August 21, 2026 at 2:30 P.M. (IST) through Video Conference (“VC”) / Other Audio Visual Means (“OAVM”) in accordance with the applicable circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India. Pursuant to Regulation 34(1) of the SEBI Listing Regulations, please find enclosed the Annual Report of the Company for the Financial Year 2025-26. The same is being sent through electronic mode to those Members whose e-mail addresses are registered with the Company/its Registrar and Transfer Agent (RTA)/Depository Participants (DPs). Further, in accordance with Regulation 36(1)(b) of the SEBI Listing Regulations, the Company is also sending a letter to shareholders whose e-mail addresses are not registered with Company/RTA/DPs providing the weblink from where the Annual Report can be accessed on the Company’s website. The Company has fixed Friday, August 14, 2026, as the cut-off date for the purpose of determining the members eligible to vote on the resolutions set out in the Notice of the AGM. The said Annual Report is being sent through electronic mode to the Members of the Company and is available on the website of the Company at https://vipindustries.co.in/storage/agms/July2026/VIP%20AR%20FY26_30.07.26_.pdf Please take the above on your record and disseminate the same for the information of investors. Thanking you, Yours faithfully, For V.I.P. INDUSTRIES LIMITED Atul Jain Managing Director DIN: 07434943 Encl: As above Registered Office: DGP House, 5th Floor, 88C, Old Prabhadevi Road, Mumbai 400 025. INDIA. TEL: +91 (22) 66539000 FAX: +91 (22) 66539089, EMAIL: corpcomm@vipbags.com WEB: www.vipbags.com CIN - L25200MH1968PLC013914 Annual Report 2025-26 CHARTING A N EW CHAPTER For over five decades, VIP Industries has travelled alongside generations of Indians. Through... First jobs. First vacations. Family holidays. Business journeys. And countless memories packed into every suitcase. Those journeys built something more valuable than market leadership. They built trust. But every enduring story reaches a moment where experience becomes the starting point for something greater. That is where we stand today. Not turning the page on our legacy – building from it. Charting a new chapter defined by sharper execution, stronger brands, elevated design, and a deeper understanding of the modern traveller. A chapter where premium aspirations meet everyday accessibility. Where innovation serves purpose. Where every product, every experience, and every interaction reflects a business preparing not only for the journeys ahead — but for the traveller of tomorrow. Because while destinations evolve, the confidence to move forward never changes. Contents 02 About VIP Industries 06 Chairperson's Message 02-30 08 Managing Director’s Message CORPORATE 10 Built for What Comes Next 12 Portfolio and Brand Momentum OVERVIEW 16 Channel and Marketing Momentum 21 Brand Architecture and Communication 22 People and Culture 24 Business Responsibility 26 Performance Highlights 28 Board of Directors 30 Corporate Information 31 Board's Report 55 Corporate Governance Report 31-108 76 Management Discussion and Analysis STATUTORY 81 Business Responsibility & Sustainability Report REPORTS 109 Standalone Financial Statements 189 Consolidated Financial Statements 109-265 FINANCIAL STATEMENTS Read this report online at Scan the code and read the report vipindustries.co.in on your hand-held screen. VIP INDUSTRIES LIMITED About VIP Industries Your Legacy. Your VIP. Founded in 1968, VIP Industries has shaped the way India travels for more than five decades. From everyday journeys to milestone moments, the Company has grown into one of India’s most recognised luggage brands and one of the world’s leading manufacturers and retailers of travel products. Built on a deep foundation of trust, reliability and quality, VIP Industries today brings together a portfolio designed for different travellers, occasions and aspirations. Its brands address a wide spectrum of price points and lifestyle needs, spanning daily mobility, business travel, youth expression, value-led choices and fashion-forward accessories. As travel behaviour evolves, the Company continues to evolve with it. With strong in-house manufacturing capabilities, an extensive multi-format retail network, digitally-enabled consumer engagement, and a sharper focus on design-led innovation, VIP Industries is strengthening its relevance for today's traveller while carrying forward the confidence it has earned across generations. 02 31 109 Corporate Statutory Financial Annual Report 2025-26 Overview Reports Statements BRAND PORTFOLIO India’s flagship travel brand and A brand for young India that's always Brand which gives Bharat access known as the luggage of India. in forward motion - the brand that to durable, dependable and stylish VIP being the luggage expert truly keeps up with their pace, their luggage. A brand that assures its understands the new-age traveller & ambitions & desire for an upgrade. user, that nothing goes wrong when his needs – and builds products that it matters. improve the how of travel. A brand for, today’s GenZ who’s A premium fashion brand inspired unique ‘way of life’ has reimagined by Italian elegance, created for the significance of style. Skybags modern women whose confidence delivers to the people who want to is reflected in every style choice. look good, feel good, keep moving on Caprese designs handbags that move their terms, effortlessly. effortlessly through every occasion. VIP INDUSTRIES LIMITED DIVERSIFIED PRODUCT PORTFOLIO Hard-side Trolley Bags Laptop Cabin Trolley Bags Soft-side Trolley Bags Built for durability and protection, Purpose-built for the modern Lightweight and flexible without our hard-side trolleys combine business traveller, these cabin- sacrificing strength, our soft-side impact-resistant shells with smart compliant trolleys integrate trolleys offer expandable capacity internal organisation - designed for dedicated laptop compartments and easy manoeuvrability - the travellers who won't compromise on with quick-access pockets - built for practical choice for travellers who their belongings. speed through security and comfort pack more and carry lighter. in the cabin. Duffle Bags & Duffle Backpacks Travel Accessories Trolley Bags From daily commutes to weekend The finishing touches that make Versatile and rugged, our duffle bags getaways, our backpacks blend travel effortless — from packing are built for travellers who need ergonomic design with functional organisers to travel wallets, designed capacity without structure — equally storage — built for a generation that to solve the small problems that at home on a weekend trip or a moves fast and packs smart. matter most on the move. gym run. Business Satchels Ladies' Handbags Tailored for the professional on the Designed at the intersection of move, our satchels bring structured fashion and function, our handbags elegance and functional intelligence offer contemporary style with together — where boardroom style everyday durability — built for meets everyday practicality. women who carry a lot and carry it well. 02 31 109 Corporate Statutory Financial Annual Report 2025-26 Overview Reports Statements OUR MISSION TO BE THE MOST TRUSTED PARTNER IN MAKING EVERY JOURNEY BETTER. OUR VALUES (ROCA) Customer Foc [Showing first 8,000 characters — download PDF for full document]