In a significant development for the Indian textile and manufacturing sector, Shree Karni Fabcom Limited has officially announced its successful clearance of the Walmart audit, a crucial prerequisite for becoming a part of Walmart’s approved vendor list in India. This major milestone, disclosed on June 27, 2025, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, marks a strategic step forward in the company's ongoing efforts to expand its footprint in global markets.

The clearance of Walmart’s vendor audit is not just a compliance milestone, but a demonstration of Shree Karni Fabcom’s commitment to quality, ethical practices, operational excellence, and adherence to international standards. With this audit success, the company has now been onboarded as an approved vendor for Walmart India, positioning itself to supply products within one of the world’s most stringent and demanding retail ecosystems.

Walmart is globally known for its rigorous vendor assessment processes, which evaluate suppliers on multiple fronts, including product quality, supply chain transparency, ethical sourcing, regulatory compliance, and sustainability standards. Successfully clearing this audit validates that Shree Karni Fabcom meets these high benchmarks, and aligns itself with the expectations of a global retail leader.

This achievement is expected to significantly enhance Shree Karni Fabcom’s international visibility. As an approved Walmart vendor in India, the company will now have the opportunity to engage more deeply with Walmart’s vast global sourcing network, opening doors for export opportunities and collaborations across multiple geographies. The association with Walmart will also serve as a strong endorsement of Shree Karni Fabcom’s business capabilities in the global marketplace.

Moreover, this successful audit result will strengthen the company’s trustworthiness and credibility among its stakeholders, including customers, institutional buyers, and regulatory bodies. Approval from Walmart reinforces Shree Karni Fabcom’s image as a trusted partner, capable of consistently delivering high-quality and compliant products to one of the world’s leading retailers.

From a strategic business perspective, this move supports Shree Karni Fabcom’s long-term goals of expanding its international business, diversifying its customer portfolio, and entering new high-value markets through retail collaborations. It demonstrates that the company is on the right trajectory toward becoming a globally recognized textile and apparel manufacturer.

The company has emphasized that this recognition as a Walmart-approved vendor will also contribute toward driving long-term value creation for its stakeholders. This includes not only growth in terms of revenues and profits but also improved brand equity, employee morale, and customer retention, owing to enhanced market standing.

Dhiraj Ramkishor Vaishnav, the Company Secretary and Compliance Officer of Shree Karni Fabcom Limited, who signed off on the regulatory communication, highlighted that the successful audit clearance and vendor approval are not just milestones but symbols of the company’s operational maturity and alignment with global standards.

This development is also expected to generate a ripple effect across Shree Karni’s ecosystem, enabling potential collaborations with other international brands and retailers who consider Walmart’s supplier standards as a benchmark for reliability and excellence. It positions the company well for strategic alliances, joint ventures, and co-branding initiatives in the near future.

Furthermore, this move aligns with India’s broader objective under ‘Make in India’ to position Indian manufacturing companies on the global map. As more Indian firms like Shree Karni Fabcom align with global giants like Walmart, it showcases the growing competitiveness and capability of Indian manufacturers to meet world-class standards and deliver on performance, quality, and compliance.

As the company moves forward, it is expected that Shree Karni Fabcom will capitalize on this approval to explore larger order volumes, build sustainable and diversified export pipelines, and scale its operations to meet the increased demand generated through this association. It also sets the tone for the company to invest further in quality enhancements, technological upgradation, and innovation, which are key to sustaining long-term partnerships with large global buyers.

In conclusion, Shree Karni Fabcom Limited’s clearance of Walmart’s vendor audit is a defining moment for the company. It signifies not only the recognition of its capabilities by a global retail powerhouse but also a strategic opening to tap into new global growth avenues. The milestone strengthens the company's customer base, market reputation, and stakeholder trust, setting it firmly on a path of accelerated international expansion and value creation.

With this achievement, Shree Karni Fabcom joins the ranks of elite Indian companies that have gained Walmart's approval, reinforcing India’s emerging position as a global sourcing hub for quality textile and apparel products.

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