Garment Mantra Lifestyle Ltd — Important, 17-06-2026: Company Update

Garment Mantra Lifestyle has forfeited 1,40,55,863 partly paid-up Rights Equity Shares. These shares stemmed from a 2025 Rights Issue where holders failed to pay the First, Second, and Final Call Money, despite prior warnings of forfeiture. The Rights Issue Committee decided to forfeit these shares, along with any amounts already paid. This action clarifies the company's capital structure by resolving outstanding payments and consolidating fully paid shares.