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(As on Jul 03, 2025, 11:16)

Garment Mantra’s arm Hylex Fashion bags Rs 10.13 Cr export order

Garment Mantra Lifestyle Limited has announced that its wholly owned subsidiary, Hylex Fashion Private Limited, has received a significant export order from Dubai-based AL Rahmat Textiles L.L.C., valued at approximately Rs 1,013.64 lakhs (USD 1.183 million). The order pertains to the supply of dress materials and fabrics and is scheduled for execution by March 31, 2026.

In a regulatory filing under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company confirmed that the contract marks a key international win for Hylex Fashion and strengthens its strategic entry into the Middle Eastern market.

Commenting on the development, Mr. Prem Aggarwal, Managing Director of Garment Mantra Lifestyle Limited, said, “We are proud to announce the receipt of this prestigious order from Dubai. It marks an encouraging start to the current quarter and positions us strategically to tap into the Middle East market. We are confident this opportunity will create meaningful value for our customers. Our focus remains on execution excellence and leveraging this momentum for sustained and inclusive growth.”

The contract is international in nature and does not fall under related party transactions. The promoter and promoter group have no interest in the entity awarding the order.

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