Announcement under Regulation 30- Ongoing collaboration
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Vashishtha Luxury Fashion Limited has disclosed an ongoing collaboration with Bequin™, an India-based materials initiative that develops biodegradable, bio-based alternatives to conventional sequins. The company is serving as Bequin™'s exclusive embroidery partner, applying its artisanal hand-embroidery expertise to Bequin's sustainable materials. The partnership originated under the New Landscapes India Catalyst R&D programme backed by the University of the Arts London and the British Council, and their work featured in GANNI's Fall/Winter 2025 collection shown at Paris Fashion Week in March 2025. The filing is a regulatory disclosure under SEBI Listing Regulations and does not involve any equity changes, financial transactions, or corporate restructuring.
This is a brand-building and sustainability disclosure with no direct financial or equity implications for shareholders. It positions the company in the conscious luxury segment and may help attract sustainable fashion clients, but is unlikely to move the stock price in the near term.