Updates

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: Business Responsibility and Sustainability Report for the Financial Year 2025-26 Pursuant to Regulation 34(2)(f) of the SEBI (Listing Obligations & Disclosure Requirements) Regulations 2015, please find attached herewith the Business Responsibility and Sustainability Report (“BRSR”) for Financial Year 2025-26, which forms part of the Annual Report. The BRSR is also 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 VIP INDUSTRIES LIMITED Message from the Managing Director on BRSR At VIP Industries Limited, sustainability is central to how we create long-term value. We believe that responsible growth is achieved by integrating environmental stewardship, social responsibility, and strong governance into every aspect of our business. As we continue to strengthen our market leadership, we remain equally committed to building a resilient enterprise that delivers sustainable outcomes for our customers, employees, business partners, shareholders, and the communities we serve. Our Business Responsibility and Sustainability Report reflects our progress in embedding ESG principles across our operations in line with the evolving expectations of SEBI's BRSR and BRSR Core framework. We recognize that transparency, measurable performance, and accountability are essential to creating stakeholder trust and driving continuous improvement. Climate action remains a key priority. We are focused on reducing the carbon intensity of our operations through energy- efficient manufacturing, process optimization, adoption of cleaner technologies, increased use of renewable energy where feasible, and improved supply chain efficiency. These initiatives not only reduce environmental impact but also enhance operational resilience and resource productivity. Innovation remains at the heart of our business. We are increasingly incorporating sustainability considerations into product development, material selection, packaging, and manufacturing processes. By promoting eco-friendly designs, responsible sourcing, and cleaner production practices, we aim to deliver products that meet customer expectations while contributing to a lower environmental impact. Our people are our greatest strength. We are committed to providing a safe, healthy, diverse, equitable, and inclusive workplace where every employee is respected, empowered, and provided equal opportunities to grow. We continue to strengthen our culture through employee development, workplace safety, ethical conduct, and respect for human rights across our operations and value chain. As sustainability expectations continue to evolve, so will our ambitions. We will continue to strengthen our ESG performance through measurable targets, transparent disclosures, data-driven decision-making, and continuous improvement. Our objective is not only to comply with evolving regulatory requirements but to create enduring value through responsible innovation, operational excellence, and stakeholder collaboration. On behalf of the Board and the leadership team, I thank our employees, customers, partners, investors, and all stakeholders for their continued trust and support. Together, we remain committed to building a more sustainable, resilient, and future- ready VIP Industries Limited. Managing Director VIP Industries Limited 02 Corporate 31 Statutory 109 Financial Annual Report 2025-26 Overview Reports Statements Business Responsibility and Sustainability Report FY25-26 SECTION A: GENERAL DISCLOSURES I. Details of the listed entity 1. Corporate Identity Number (CIN) of the Listed Entity L25200MH1968PLC013914 2. Name of the Listed Entity V.I.P INDUSTRIES LIMITED 3. Year of Incorporation 1968 4. Registered Office Address DGP House, 5th Floor, 88-C, Old Prabhadevi Road, Mumbai - 400025 5. Corporate Address DGP House, 5th Floor, 88-C, Old Prabhadevi Road, Mumbai - 400025 6. E-mail id investor-help@vipbags.com legal-sec@vipbags.com 7. Telephone 022 - 66539000 8. Website www.vipindustries.co.in www.vipbags.com 9. Financial year for which reporting is being done FY2025-26 (1st April’25 to 31st March’26) 10. Name of the Stock Exchange(s) where shares are BSE Ltd. (BSE), and National Stock Exchange of India Ltd. (NSE) listed (NSE) 11. Paid up Capital (INR) ` 28,41,03,692/- 12. Name and contact details (telephone, email address) Mr. of the person who may be contacted in case of any Company Secretary & Head – Legal queries on the BRSR Report. 022-6653 9000 legal-sec@vipbags.com 13. Reporting boundary - Are the disclosures under this The disclosures in this report are provided on a consolidated basis. report made on a standalone basis (i.e., only for 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 assessment or assurance provider Not Applicable 15. Type of assessment or assurance obtained Not Applicable II. Products / Services 16. Details of business activities (accounting for 90% of the Turnover): Description of Main Activity Description of Business Activity % of Turnover of the entity 1. Trade Manufacturing & Retail Trading 100% 17. Products/Services sold by the entity (accounting for 90% of the entity’s Turnover): Product/Service NIC Code % of total contributed Turnover 1. Manufacturing & Retail Trading of Soft Luggage & Hard Luggage 15121 / 15122 100% 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 2 6 Offices and 24 Warehouses 32 International 7 2 9 19. Markets served by the entity: a. Number of locations Locations Number National (No. of States) National Market (All states and UT) International (No. of Countries) 26 VIP INDUSTRIES LIMITED b. What is the contribution of exports as a percentage of the total turnover of the entity? T he entity’s exports make up 2.73% of its total turnover when evaluated on a standalone basis, which refers to the revenue generated solely from the entity’s own operations, excluding any contributions from its subsidiaries or related entities. c. A brief on types of customers T he Company offers a comprehensive portfolio of travel and lifestyle products, including luggage, backpacks, and handbags, through five well-established brands. Its product portfolio is designed to address the evolving preferences and requirements of diverse consumer segments by providing innovative, quality-driven, and value- oriented solutions. With offerings catering to customers across different age groups, geographies, and income categories, the Company strives to ensure accessibility, customer satisfaction, and an enhanced travel experience for all. IV. Employees 20. Details as at the end of the 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) 1078 1018 94% 60 6% 2. Other than Permanent (E) 3490 2920 84% 570 16% 3. Total employees (D + E) 4568 3938 86% 630 14% WORKERS 4. Permanent (F) 3375 1479 44% 1896 56% 5. Other than Permanent (G) 1111 923 83% 188 17% 6. Total workers (F + G) 4486 2402 54% 2084 46% b. Differently a [Showing first 8,000 characters — download PDF for full document]