Pursuant to Regulation 34 read with Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith ....

CIN - L51494PB2008PLC032059 MONTE CARLOZ It's the way yo make me feel MONTE CARLO FASHIONS LIMITED Regd. Office : B-XXIX-106, G.T. Road, Sherpur, Ludhiana - 141003 (Pb.) India. Tel.: 91-161-5048610, 5048620, 5048630, 5048640 Fax : 91-161-5048650 MCFL/SE/2026-27 August 31, 2026 National Stock Exchange of India Limited BSE Limited Exchange Plaza, Plot No. C/1, Phiroze Jeejeebhoy Towers, G-Block, Bandra-Kurla Complex, Dalal Street, Bandra (E), Mumbai-400051. Mumbal-400001. Symbol: MONTECARLO Scrip Code: 538836 SUB: Annual Report for the Financial Year 2025-2026 Pursuant to Regulation 34 read with Regulation 30 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Annual Report of the Company for the financial year 2025-2026 to be approved and adopted in the 18" (Eighteenth) Annual General Meeting (AGM) of the Company scheduled to be held on Monday, September 28, 2026 at 11:00 A.M. (IST) through Video Conferencing/ Other Audio Visual Means. In compliance with relevant circulars issued by Ministry of Corporate Affairs and the Securities and Exchange Board of India, the Notice convening the AGM and the Annual Report of the Company for the financial year 2025-2026 is being sent through electronic mode to all the members of the Company whose email addresses are registered with the Company/ Company’s RTA or Depository Participant(s). Further, a letter has been sent to the members whose email addresses are not registered with the Company/ Company’s RTA or Depository Participant(s), providing the Web-link, path and QR code for accessitnhge Notice conveninthge AGM and the Annual Report of the Company. This Annual Report is also available on the website of the Company i.e. www.montecarlocorporate.com Request you to kindly take the same on record. Thanking You, Yours Faithfully For MONTE CARLO FASHIONS LIMITED Digitaly signed by ANKUR GAUBA ANKURGAUBA Date: 20260831 09303140530 ANKUR GAUBA COMPANY SECRETARY & COMPLIANCE OFFICER 1CSI Membership No: FCS 10577 Encl: as above Visit us at - www.montecarlocorporate.com E-mail : info@montecario.in 2025 Annual Report 2026 Monte Carlo Fashions Limited MONTE CARLO FASHIONS LIMITED REGISTERED OFFICE: B-XXIX-106, G.T. ROAD, SHERPUR, LUDHIANA-141003 investor@montecarlocorporate.com | www.montecarlocorporate.com | CIN: L51494PB2008PLC032059 BOARD OF DIRECTORS Sh. Jawahar Lal Oswal Chairman & Managing Director Sh. Sandeep Jain Executive Director Smt. Ruchika Oswal Executive Director Smt. Monica Oswal Executive Director Sh. Rishabh Oswal Executive Director Sh. Dinesh Gogna Non-Executive Director Dr. Anchal Kumar Jain Independent Director Sh. Manikant Prasad Singh Independent Director Sh. Parvinder Singh Pruthi Independent Director Dr. Prem Lata Singla Independent Director Dr. Roshan Lal Behl Independent Director Dr. Yash Paul Sachdeva Independent Director CHIEF FINANCIAL OFFICER REGISTRAR & SHARE TRANSFER AGENT Sh. Raj Kapoor Sharma MUFG Intime India Private Limited (Formerly Link Intime India Private Limited) COMPANY SECRETARY Sh. Ankur Gauba REGISTERED OFFICE: C-101, 247 Park, STATUTORY AUDITORS L.B.S. Marg, Vikhroli (West), Deloitte Haskins & Sells Mumbai – 400 083 7th Floor, Building 10, Tower B DLF Cyber City Complex BANKERS DLF City Phase II, Gurgaon-122002 State Bank of India Haryana, India Federal Bank Limited ICICI Bank Limited SECRETARIAL AUDITORS HDFC Bank Limited P. S. Dua & Associates Company Secretaries WORKS 5 SF, Sant Isher Nagar, B-XXIX-106, G.T.Road, Sherpur, Ludhiana Pakhowal Road, Ludhiana -141002, 231, Industrial Area-A, Ludhiana Punjab, India Plot No-425 & 427, Near Textile Colony, Ludhiana B-XXX-1781/784, Old C-12, Phase V, Focal Point, Ludhiana 18th ANNUAL GENERAL MEETING CONTENTS Page DAY : Monday Notice 2 DATE : September 28, 2026 Statutory Reports TIME : 11.00 A.M. Ø Director’s Report 32 Ø Corporate Governance Report 55 THROUGH VIDEO CONFERENCING Ø Management Discussion and Analysis Report 80 (VC)/OTHER AUDIO VISUAL MEANS Financial Statements (OAVM) Ø Independent Auditor’s Report 92 Ø Balance Sheet 104 Ø Statement of Pro(cid:222)t & Loss 106 Ø Cash Flow Statement 108 Ø Signi(cid:222)cant Accounting Policies and Notes 111 Ø Independent Auditor’s Report on Consolidated 163 Financial Statements Ø Consolidated Financial Statements 171 18th Annual Report 2025-26 | 1 Monte Carlo Fashions Limited MONTE CARLO FASHIONS LIMITED (CIN: L51494PB2008PLC032059) Registered Of(cid:222)ce: B-XXIX-106, G.T. Road, Sherpur, Ludhiana-141003 Telephone Nos.: 91-161-5048610-40, Fax: 91-161-5048650 Email: investor@montecarlocorporate.com, Website: www.montecarlocorporate.com NOTICE OF ANNUAL GENERAL MEETING Notice is hereby given pursuant to Sections 96 and 101 of the Companies Act, 2013 (“the Act”) that the 18th (Eighteenth) Annual General Meeting (“AGM”) of the Members of Monte Carlo Fashions Limited will be held on Monday, September 28, 2026 at 11:00 A.M. through electronic mode [video conference (“VC”) / other audio visual means (“OAVM”)] to transact the following business: ORDINARY BUSINESS: 1. To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the Financial Year ended March 31, 2026 together with the Reports of the Board of Directors and the Auditors thereon and in this regard, to consider and if thought (cid:222)t, to pass, with or without modi(cid:222)cation(s), the following resolution as an Ordinary Resolution: “RESOLVED THAT the Audited Standalone Financial Statements of the Company along with the Reports of the Directors and Auditors thereon for the (cid:222)nancial year ended on March 31, 2026 along with Annexures as laid before this Annual General Meeting be and are hereby received, considered, approved and adopted.” 2. To receive, consider and adopt the Audited Consolidated Financial Statements of the Company for the Financial Year ended March 31, 2026 together with the Reports of the Auditors thereon and in this regard, to consider and if thought (cid:222)t, to pass, with or without modi(cid:222)cation(s), the following resolution as an Ordinary Resolution: “RESOLVED THAT the Audited Consolidated Financial Statements of the Company along with the Reports of the Auditors thereon for the (cid:222)nancial year ended on March 31, 2026 along with Annexures as laid before this Annual General Meeting be and are hereby received, considered, approved and adopted.” 3. To declare dividend on Equity Shares of the Company for the Financial Year ended March 31, 2026 and in this regard, to consider and if thought (cid:222)t, to pass, with or without modi(cid:222)cation(s), the following resolution as an Ordinary Resolution: “RESOLVED THAT a Dividend at the rate of Rs. 20.00/- (Rupees Twenty only) per share on 2,07,32,064 Equity Shares of Rs. 10/- each as recommended by the Board of Directors be and is hereby declared for the (cid:222)nancial year ended March 31, 2026 and the same be paid out of the pro(cid:222)ts of the Company.” 4. To appoint a Director in place of Sh. Sandeep Jain (DIN: 00565760), who retires by rotation in terms of Section 152(6) of Companies Act, 2013 and being eligible, offers himself for re-appointment and in this regard, to consider and if thought (cid:222)t, to pass, with or without modi(cid:222)cation(s), the following resolution as an Ordinary Resolution: “RESOLVED THAT Sh. Sandeep Jain (DIN: 00565760), a Director of the Company who retires by rotation at this Meeting, being eligible for re-appointment as Director of the Company be and is hereby re- appointed as a Director of the Company whose period of of(cid:222)ce shall be liable to determination by retirement of Director by rotation.” 5. To appoint a Director in place of Sh. Dinesh Gogna (DIN: 00498670), who retires by rotation in terms of Section 152(6) of Companies Act, 2013 and being eligible, offers himself for re-appointment and in this regard, to consider and if thought (cid:222)t, to pass, with or with [Showing first 8,000 characters — download PDF for full document]