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Rahul Porwal

3rd Oct · SEBI Registration INH000019372

Thomas Scott India’s latest update : The company recently

THOMASCOTT
Thomas Scott India’s latest update: The company recently held its 16th AGM on September 29, 2026, where FY26 financials were adopted, and it announced a major licensing deal with Forever 21 for India, Nepal, and Bangladesh. The stock is currently trading around ₹246, down 1.78% today. 📊 Key Corporate Updates 16th AGM (Sept 29, 2026): FY26 financial statements adopted. Related-party transactions with Bang Overseas and Vedanta Creations approved. Vedant Bang reappointed as Managing Director. No shareholder speakers attended the virtual meeting. Forever 21 Licensing Deal (Sept 28, 2026): Exclusive licensing rights for India, Nepal, and Bangladesh. Thomas Scott appointed as Global Designated Supplier for international partners. Agreement duration: 5 years, extendable by another 5 years. FY26 consolidated revenue: ₹254.9 crore, up 58.3% YoY. Promoter Activity (Sept 9, 2026): Promoters pledged 3,52,025 shares to Bang Overseas Ltd. Entire holdings of Laxminiwas Bang and Pushpadevi Bang encumbered. PAC group stake remains unchanged at 49.85%.

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