Garment Mantra Lifestyle Limited, a well-established name in the Indian textile industry, has made a significant breakthrough on the international stage through its wholly-owned subsidiary, Hylex Fashion Private Limited. As per an official regulatory disclosure dated July 03, 2025, Hylex Fashion has secured an export order worth approximately ₹1013.64 lakh (equivalent to USD 1.183 million) from AL Rahmat Textiles L.L.C., a Dubai-based textile entity.

The company formally intimated the BSE Limited under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, marking this transaction as a material event for investors and stakeholders. This new contract adds substantial value not only to Garment Mantra’s export portfolio but also strategically positions the company to strengthen its foothold in the Middle East textile market.

According to the disclosure, the nature of the order is for export of dress materials and fabrics, which aligns with Garment Mantra Lifestyle’s core expertise in apparel and textile manufacturing. The order is expected to be executed on or before March 31, 2026, offering ample time for planning, procurement, and seamless delivery.

The order is considered international in nature and does not fall under the category of related party transactions. It was also clarified that no promoter or promoter group entity has any interest in AL Rahmat Textiles L.L.C., ensuring complete transparency and corporate governance compliance.

In the official communication, Mr. Prem Aggarwal, Managing Director of Garment Mantra Lifestyle Limited, expressed his enthusiasm regarding this business development. He stated, “We are proud to announce the receipt of this order from Dubai. This order marks a great start to this quarter and positions us strategically to tap into the Middle East market. We are confident it will create meaningful value for our customers. We remain focused on execution excellence and leveraging this momentum for sustained and inclusive growth.”

The ₹1013.64 lakh order from Dubai is a major boost to Garment Mantra Lifestyle's performance outlook for FY26. It adds a robust international component to the company’s existing revenue streams and reflects its ability to cater to global standards in textile manufacturing. The news of this deal is expected to positively influence Garment Mantra’s stock performance, especially among investors looking at Indian textile exporters with high growth potential in overseas markets.

Hylex Fashion Private Limited, the recipient of this order, has consistently been a strong performer under Garment Mantra’s umbrella. The company has played a critical role in delivering quality textile products, maintaining long-term relationships with domestic and international buyers. This order further reinforces Hylex’s capability and the trust global players place in its production capacities.

This announcement also follows SEBI’s directive through Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, which mandates listed companies to disclose significant contracts and orders. Accordingly, the company attached a disclosure document (Annexure A) with specific information such as:

• Name of the entity awarding the contract: AL Rahmat Textiles L.L.C.

• Type of order: Export order for dress materials and fabrics

• Entity type: International

• Timeframe for execution: Up to March 31, 2026

• Value of the contract: INR ~1013.64 lakhs or USD 1.183 million

• Nature of relationship with promoters: No relation; not a related party transaction

This also comes at a time when Indian textile exports are poised for a strong rebound, especially in value-added garment segments, as global buyers increasingly look to India for cost-competitive and quality manufacturing alternatives. This development places Garment Mantra among the top contenders in the Indian SME export sector and demonstrates the vital role of Tirupur-based manufacturers in global supply chains.

With India’s textile exports projected to cross $100 billion by 2030, moves like this signal a shift in how regional players like Garment Mantra are integrating with global commerce. The Middle East, and particularly Dubai, continues to emerge as a lucrative gateway for textile distribution, and the Hylex-AL Rahmat deal adds momentum to this growing trend.

This order is not just a commercial win; it is also symbolic of the capabilities of MSME exporters in meeting large-scale international demands. Furthermore, this deal enhances Garment Mantra’s credentials among institutional investors and export analysts tracking India’s growth trajectory in the global fashion and fabric sectors.

The Garment Mantra Lifestyle team, including its experienced compliance and legal divisions, ensured full regulatory adherence while disclosing this material development, including structured information for clarity and record maintenance. With its manufacturing facilities located at Nethaji Apparel Park, Tirupur, the company has the infrastructure to support and scale exports of this magnitude.

In summary, Garment Mantra Lifestyle’s ₹1013.64 lakh export order from AL Rahmat Textiles L.L.C. is a strategic win that aligns with the company’s vision of becoming a leading global supplier of high-quality dress materials and fabrics. It strengthens India’s position in the international textile ecosystem and underscores the importance of consistent quality, timely delivery, and customer-centric execution.

This milestone is expected to not only boost revenues but also encourage similar future collaborations with global textile players, particularly in the Middle East and African markets. With this order, Garment Mantra Lifestyle and its subsidiary Hylex Fashion have taken a significant step forward in global expansion, bolstering India’s identity as a trustworthy textile exporter in the world market.

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