Intimation of 27th Annual General Meeting of the Company

R Aditya Vision Limited R Date-August 10, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeebhoy Towers Exchange Plaza Dalal Street Bandra Kurla Complex, Bandra (East) Mumbai-400001 Mumbai- 400051 Scrip Code: 540205 Symbol-AVL Sub: Annual Report- Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 along with the Notice of 27th AGM Dear Sir/Ma’am Pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith the Annual Report for the Financial Year 2025- 26 including Notice convening the 27th AGM which is being sent only through electronic mode to the Members, who have registered their e-mail addresses with the Company/ Depositories/ Company’s Registrar and Share Transfer Agent (‘RTA’). The Annual Report for the Financial Year 2025-26 containing the Notice is uploaded on the website of the Company and can be assessed at – https://adityavision.in/images/annual/FY_2025-26.pdf. Further, pursuant to Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, a letter providing the web-link of the Annual Report, being sent to those members who have not registered their e-mail address, is also attached and available on the Company’s website at - https://adityavision.in/images/annual/FY_weblinkletter.pdf. This is for your information and record. Thanking You For Aditya Vision Limited Akanksha Arya Company Secretary Theme Introduction Expanding Access. Table of Contents Enabling Growth. 02 24 35 42 The heart of Bharat is finding its voice, and at Aditya Vision, we are amplifying it. Message from Our Customer- Investment Corporate the Chairman and First Approach Strengths Information While others look at the map of the Hindi Heartland and see distance, we see destiny. We see millions of aspirational Managing Director households ready to trade "someday" for "today." This year’s theme, “Expanding Access. Enabling Growth.”, reflects our role as the bridge between global innovation and local aspiration. 06 26 36 44 A POWERFUL TRIFECTA FUELS OUR GROWTH: Corporate Store Unit Our Strategic Statutory Affordability: Awareness: Availability: Overview Economics Roadmap Reports Transforming high- Empowering consumers Deepening our footprint to 12 28 37 118 end aspirations into with the knowledge to meet Bharat exactly where everyday realities. choose the best. it lives. History Product Corporate Financial and Milestones Portfolio Social Responsibility Statements What is equally defining is the strength and consistency of our growth strategy. Aditya Vision has evolved into an all-weather, all-season company—one that delivers with resilience and 18 29 40 relevance across cycles, quarters, and consumer environments alike. Key Demand Our Board of The narrowing gap between our H1 and H2 performance reflects a business that is becoming increasingly balanced, Catalysts Partnerships Directors dependable, and structurally stronger year-round. We cultivate vibrant new markets by inspiring and enabling consumer aspirations. By transforming underserved regions into modern retail hubs, we are empowering the Hindi Heartland to upgrade its lifestyle in step with a rising India. 20 30 Behind this evolution and our expansion lies a model of unshakable execution. Even amidst macro headwinds, our FY26 Key Stakeholder “people-first” philosophy and long-term value mindset have kept our performance lean and our momentum high— Performance Engagement reinforcing our identity as a company that is robust, resilient, resurgent, and resolute. Aditya Vision is no longer just a Indicators regional success story. We are a scaled growth platform aligned with the heartbeat of the nation. 22 32 As Bharat rises, we move with it—one home, one upgrade, and one milestone at a time. A Vision for Every Existing Home. A Home for Opportunities in Every Vision. Established Regions ANNUAL REPORT 2025-26 Corporate Overview Statutory Reports Financial Statements Message from the Chairman and Managing Director A Year of Tests, A Story of Resilient Growth Anchored in our guiding theme, “Expanding Access. Enabling with temperatures three to four degrees below average— Growth.”, we navigated a year unlike any other in our history. conditions that materially altered consumption patterns. Yet, resilience has always been part of Aditya Vision’s DNA. These circumstances led to Q1 FY26 growth of only 6%, representing the most subdued quarterly performance in the What began as a single store with a simple vision—to make Company’s recent history. quality consumer durables and electronics accessible and Dear Shareholders, In such an environment, many saw contraction. affordable for customers in underserved markets, while We chose consistency. offering them trustworthy retail experiences—has evolved There are years that accelerate into one of the Hindi Heartland’s most beloved brick- STANDING RESOLUTE AND CHOOSING and-mortar retail networks. From its humble beginnings growth, and then there are in Bihar, Aditya Vision steadily expanded its footprint by CONSISTENCY OVER CYCLES years that shape character. focusing on under-penetrated, high-potential markets and Despite this challenging beginning to FY26, we remained building deep customer trust through a robust and scalable resolute in our execution. The operating environment FY26 has been the latter— business model. remained demanding throughout the year. In addition to the one that called for patience, impact of an unusually weak summer, the industry navigated Over the years, we successfully replicated this model beyond supply disruptions arising from the LPG crisis, evolving BEE discipline, and belief, and one Bihar, entering Jharkhand in FY22 and Uttar Pradesh in energy-efficiency norms, the conflict in the Middle East during in which Aditya Vision stood FY23. This disciplined approach enabled us to achieve Q4 FY26, and a period of customer hesitation ahead of the the milestone of 100 stores in FY23, establishing a strong GST rate cut announcement in Q2 FY26. resilient, robust, resolute, and presence across three states. ultimately resurgent. Yet, we emerged resurgent as the year progressed. Building on this foundation, our growth trajectory has The remaining three quarters (Q2-Q4) of our business accelerated significantly. In just three years, we doubled our delivered a strong 26% growth, with pent-up demand returning store network to 207 stores and expanded into a fourth state, meaningfully following the GST rate revision. This momentum Chhattisgarh, demonstrating the scalability of our model and ultimately lifted our full-year growth to a robust 18%. the strength of our execution capabilities. These outcomes are not merely indicators of performance; Today, Aditya Vision stands as a bright star on the horizon they reflect the strength of a business that has become of India’s consumer durables and electronics retail sector—a inherently resilient. Even as we navigated external pressures, company that has combined entrepreneurial ambition with our financial discipline remained intact. Margins stayed operational discipline to create a platform for sustained, long- stable, costs remained under control, and we continued our term growth. While our scale has transformed, our purpose measured approach to debt repayment and shareholder remains unchanged: bringing trusted products, superior returns—reinforcing the strength of our foundation. service, and excellent retail experiences closer to millions of customers in the Hindi Heartland. THE STRENGTH WE BUILT OVER TIME More importantly, FY26 reaffirmed the robustness of our WHEN THE SEASON TURNED business model. While the year tested seasonal demand The summer, typically the cornerstone of our annual patterns, it also freed us from the constraints of a season- performance—contributing to ~40% of our annual revenue— dependent model that was historically reli [Showing first 8,000 characters — download PDF for full document]