VEDANT FASHIONS Share price

The Company was originally incorporated as “Vedant Fashions Private Limited” at Kolkata West Bengal as a private limited company under the Companies Act 1956 pursuant to a certificate of incorporation dated May 242002 issued by the RoC. Pursuant to a takeover agreement dated June 1 2002 the business of a proprietorship firm by the name of “M/s Vedant Creation” which was being carried out by one of our individual Promoters namely Ravi Modi was transferred to our Company as a going concern. Subsequently our Company was converted into a public limited company under the Companies Act 2013 pursuant to the approval accorded by our Shareholders at their extra-ordinary general meeting held on July 16 2021. Consequently the name of our Company was changed to “Vedant Fashions Limited” and a fresh certificate of incorporation consequent upon conversion from a private limited company to a public limited company was issued to our Company by the RoC on August 25 2021.Major events:2010 Inauguration of our 100th EBO in Santa Cruz Mumbai Maharashtra2011 Launch of our first international store in Dubai United Arab Emirates2012 Surpassed the 200 EBO markCrossed ? 1000 million in EBO revenue2013 Inauguration of our 300th EBO in Quest Mall Kolkata West BengalPresence of EBOs in 100 cities.Collaboration with Kolkata Knight Riders Delhi Daredevils and Sunrisers Hyderabad as their ‘Official Indian Wear Partner’ at the Indian Premier League2014 Inauguration of our 333rd EBO in Lower Parel Mumbai MaharashtraCollaboration with Hero Indian Super League as Associate Sponsor2015 Inauguration of our 400th EBO in Hazrathanj Lucknow Uttar PradeshLaunch of our women’s celebration wear label ‘Mohey’2016 Launch of our first store in USA in New JerseyCrossed ?5000 million in EBO revenue2017 Strategic acquisition of brand ‘Mebaz’ from New Meena Bazaar International Private LimitedInvestment from Kedaara Capital AIF – 1 and Rhine Holdings Limited2018 Collaboration with Rajasthan Royals and Kings XI Punjab as their official sponsors at the Indian Premier LeagueRefreshed launch of our value celebration wear label ‘Manthan’2019 Inauguration of our 600th store in Mysore KarnatakaLaunch of premium men’s wear brand ‘Twamev’Crossed ?10000 million in EBO revenueCrossed 1 million sq. ft. of EBO presence2020 Launch of the “Manyavar” mobile application2021 Partnership with Femina Miss India 2021 as Celebration Wear PartnerCollaboration with ICC Men’s T20 World Cup 2021 as the ‘ICC Official Partner’