S D Retail MD, chairman and AGM

S D Retail board of directors

At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

Statutory auditor

Named in the results for the quarter to Mar 2026.

kkc and associates llpPeer-review certificate valid to Jul 2027

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

S D Retail AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.S D Retail share news and announcements

Annual general meeting, 22 Sep 2026

872 shareholders on the register on 15 Sep 2026; present: 12 promoters and 4 others; votes counted by MONIKA GAURAV GUPTA / MONIKA CHECHANI & ASSOCIATES.The company's voting result (opens in a new tab)

To consider and adopt the Standalone Audited 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 thereonMoreLess
Ordinary
99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 80.69% · promoters 100.00% · institutions 36.50% · other public 45.37%
To appoint Mr. Hitesh Pravinchandra Ruparelia (DIN: 00490790), as a Director who retires by rotation and, being eligible, offers himself for re-appointment
OrdinaryPromoters have an interest in it
99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 15.40% · promoters 0.00% · institutions 36.50% · other public 45.37%
To appoint Mr. Utpalbhai Pravinchandra Ruparelia (DIN: 00300525) as a Director who retires by rotation and, being eligible, offers himself for re-appointment
OrdinaryPromoters have an interest in it
99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 15.40% · promoters 0.00% · institutions 36.50% · other public 45.37%
Approval For Revision Of Remuneration Of Mr. Parth Ruparelia, A Related Party, Holding An Office Or Place Of Profit In The Company
OrdinaryPromoters have an interest in it
99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 15.40% · promoters 0.00% · institutions 36.50% · other public 45.37%
Approval For Revision Of Remuneration Of Mr. Gaurang Ruparelia, A Related Party, Holding An Office Or Place Of Profit In The Company
OrdinaryPromoters have an interest in it
99.97% for0.03% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 15.40% · promoters 0.00% · institutions 36.50% · other public 45.37%
Appointment of Ms. Lekhinee Mandeep Desai (DIN: 11904544) as a Non-Executive, Women Director of the Company
Ordinary
99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.04%
Turnout: all 80.69% · promoters 100.00% · institutions 36.50% · other public 45.37%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Dealings with its subsidiaries, promoters, directors and their firms, reported every half-year.Promoters and their stake

Half-year to Mar 2026: ₹5.06 Cr25 dealings
Half-year to Sep 2025: ₹7.16 Cr33 dealings
Half-year to Mar 2025: ₹6.74 Cr25 dealings

Between	Dealing
S D RETAIL LIMITED and HITESH PRAVINCHANDRA RUPARELIAKMP	Remuneration	1.70	1.70	0.00	0.00
S D RETAIL LIMITED and UTPALBHAI PRAVINCHANDRA RUPARELIAKMP	Remuneration	1.30	1.30	0.00	0.00
S D RETAIL LIMITED and RITESH SURRENDRA SARAOGIKMP	Remuneration	0.50	0.50	0.02	0.02
S D RETAIL LIMITED and HITESH PRAVINCHANDRA RUPARELIAKMP	Interest paid	0.33	0.33	0.00	0.00
S D RETAIL LIMITED and HITESH PRAVINCHANDRA RUPARELIAKMP	Any other transactionLoan Repaid (Net)	0.30	0.30	2.36	2.04
S D RETAIL LIMITED and PARTH U RUPARELIARelative of KMP	Any other transactionsalary	0.30	0.30	0.02	0.02
S D RETAIL LIMITED and GAURANG H RUPARELIARelative of KMP	Any other transactionsalary	0.18	0.18	0.00	0.00
S D RETAIL LIMITED and UTPALBHAI PRAVINCHANDRA RUPARELIAKMP	Interest paid	0.15	0.15	0.00	0.00
S D RETAIL LIMITED and HINA H RUPARELIARelative of KMP	Interest paid	0.08	0.08	0.00	0.00
S D RETAIL LIMITED and MINA P RUPARELIARelative of KMP	Interest paid	0.07	0.07	0.00	0.00
S D RETAIL LIMITED and PRAVIN H RUPARELIARelative of KMP	Any other transactionsalary	0.06	0.06	₹47,000	₹47,000
S D RETAIL LIMITED and POOJABEN SHAHKMP	Remuneration	0.04	0.04	₹28,000	₹33,000
S D RETAIL LIMITED and UTPAL P RUPARELIA HUFRelative of KMP	Interest paid	0.03	0.03	0.00	0.00
S D RETAIL LIMITED and PRAVIN H RUPARELIARelative of KMP	Interest paid	0.02	0.02	0.00	0.00
S D RETAIL LIMITED and MINA P RUPARELIARelative of KMP	Any other transactionrent	0.02	0.02	0.00	0.00
S D RETAIL LIMITED and MINA P RUPARELIARelative of KMP	Any other transactionLoan Repaid (Net)	0.00	0.00	0.00	0.00
S D RETAIL LIMITED and RITESH SURRENDRA SARAOGIKMP	Advance	0.00	0.00	₹58,000	₹44,000
S D RETAIL LIMITED and GAURANG H RUPARELIARelative of KMP	Any other transactionpayable for expenses	0.00	0.00	0.01	0.01
S D RETAIL LIMITED and UTPALBHAI PRAVINCHANDRA RUPARELIAKMP	Any other transactionLoan Repaid (Net)	0.00	0.00	1.26	1.26
S D RETAIL LIMITED and HINA H RUPARELIARelative of KMP	Any other transactionLoan Repaid (Net)	0.00	0.00	0.00	0.00
S D RETAIL LIMITED and UTPAL P RUPARELIA HUFRelative of KMP	Any other transactionLoan Repaid (Net)	0.00	0.00	0.23	0.23
S D RETAIL LIMITED and INTIMATE APPARELS PRIVATE LIMITEDEnterprise in which KMP have significant influence	Any other transactionPayable for Expenses	0.00	0.00	₹77,000	₹77,000
S D RETAIL LIMITED and PRAVIN H RUPARELIARelative of KMP	Any other transactionLoan Repaid (Net)	0.00	0.00	0.00	0.00
S D RETAIL LIMITED and SAKSHI SINGH CHAUHANKMP	Remuneration	0.00	0.00	0.00	0.00
S D RETAIL LIMITED and PARTH U RUPARELIARelative of KMP	Advance	0.00	0.00	0.02	0.00

The 25 largest of 25 dealings in the half-year to Mar 2026, ₹ crore.

Tax disputes

Reported in the filing for the quarter to Sep 2026.

Tax disputeINCOME TAX DEPARTMENTSince 18 Dec 2021
No change in the status
At the filing before: No change
Tax disputeGST DEPARTMENTSince 3 Jan 2020
No change in the status
At the filing before: No change
Tax disputeROYALE KING FASHION PVT LTDSince 18 Nov 2024
on 9th July 2026, the arguing counsel for the Respondent was not available. matter was listed for hearing on 19th November 2026
At the filing before: On 22 April 2026, the matter was listed for hearing on 8 May 2026. Thereafter, it was adjourned to 22 May 2026, and subsequently listed for further hearing on 9 July 2026.
Tax disputeGST DEPARTMENTSince 24 Jun 2025
No change in the status
At the filing before: Awaiting response from the Department; no updates received this quarter.
Tax disputeN.S. InternationalSince 10 Jan 2020
on 22nd July ,2026 the board couldn’t reach since the matter was listed at Sr no. 315 hence the matter has been adjourned to 10-12-2026
At the filing before: Second appeal has been filed in the High court of Punjab, the court has granted an interim relief in first hearing and has issued a notice to the respondents and the next date of hearing is 22.07.2026
Tax disputeSARAS FASHION CLOTHING PVT LTDSince 17 May 2025
On last hearing of 30.09.2026 the defendents had filed an application for producing the requisite list of documents before the court, hence the matter has been now adjouned to 20-11-2026
At the filing before: Next hearing date is 12th August 2026
Tax disputeINCOME TAX DEPARTMENTSince 15 May 2026
A response was received from the Income Tax Department on 26th August 2026 regarding the reduction of the demand amount.
At the filing before: Notice was received on 15th May 2026. Company has filed Response on 1st June 2026. Awaiting further communication.
Tax disputeGST DEPARTMENTSince 28 Nov 2025
No change in the status
At the filing before: Still no Response received

1 more

Tax disputeGST DEPARTMENTSince 18 Dec 2025
No change in the status
At the filing before: Still no Response received

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

Received
Resolved

Open at the quarter's end

None open at any quarter's end.

The filing has a part on fines and penalties: No
The filing has a part on tax disputes: Yes

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Mar 2026.

Raised	Amount raised	For	Set aside	Spent	Spent elsewhere	Spent elsewhere, amount	Reason and comments
Public IssuesSep 2024	64.98	Capital expenditure to be incurred by our Company for setting up new exclusive brand outlets (“EBOs”)	16.49	5.83	Yes	10.66	Utilisation of balance IPO proceeds beyond the originally envisaged timeline of 31 March 2026 has been approved by the Board of Directors, and the Company shall utilise the balance proceeds within the revised timeline.MoreLess
Public IssuesSep 2024	64.98	Funding Working Capital Requirement	35.00	30.10	Yes	4.90	Utilisation of balance IPO proceeds beyond the originally envisaged timeline of 31 March 2026 has been approved by the Board of Directors, and the Company shall utilise the balance proceeds within the revised timeline.MoreLess
Public IssuesSep 2024	64.98	General Corporate Expenses	8.93	6.49	Yes	2.44	Utilisation of balance IPO proceeds beyond the originally envisaged timeline of 31 March 2026 has been approved by the Board of Directors, and the Company shall utilise the balance proceeds within the revised timeline.MoreLess

₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.