About Mittal Life Style Limited

Mittal Life Style Limited is an Indian textile company incorporated on August 31, 2005, and converted into a public limited company on November 22, 2017. It is engaged mainly in the supply of bottom-weight fabrics and denims, with tie-ups with about 16 composite mills to manufacture denim fabric as per its needs and requirements. The Company is listed on the main platform of the National Stock Exchange (NSE) and operates from its registered office at Andheri (West), Mumbai, Maharashtra.

Operating since 2005, the Company has built a reputation in the Indian textile industry, especially in denim and bottom-weight fabrics. Its distribution model involves purchasing large quantities from composite denim mills, repackaging them into smaller units, and delivering to a broad customer base to ensure timely supply and cater to diverse client needs.

Business focuses include supplying denim and garment products, supported by marketing strategies that broaden the client base and reduce dependence on any single customer. The Company presents itself as a preferred supplier in its category, aiming for sustained growth in a competitive marketplace.

As on the reporting date, the Company has no subsidiaries. Number of subsidiaries: 0.

Key Milestones of Mittal Life Style Limited

• August 31, 2005: Incorporated as a private limited company under the Companies Act, 1956.
• November 22, 2017: Converted into a public limited company.
• Listing: Shares listed on the main board of NSE.
• June 15, 2024: Authorised share capital increased from Rs 30,00,00,000 to Rs 55,00,00,000 by creating 25,00,00,000 new equity shares of Re. 1 each, via ordinary resolution at the AGM.
• October 2024: Rights issue of 14,79,66,925 equity shares of Re. 1 each at Rs 2 per share (including Re. 1 share premium), aggregating to Rs 29,59,33,580, completed during the year.
• Adoption of Ind AS: These are the Company’s first Ind AS financial statements, with Ind AS 101 applied.

Mittal Life Style Limited Business Verticals and Geographical Presence 

Mittal Life Style Limited is primarily engaged in the supply of bottom-weight fabrics and denims. The Company has tie-ups with about 16 composite mills to manufacture denim fabric as per its needs and requirements. Its distribution model involves purchasing large quantities from composite denim mills, repackaging them into smaller units, and delivering to a broad customer base across India. The Company operates from its registered office at Andheri (West), Mumbai, Maharashtra, serving customers throughout India.

Mittal Life Style Limited Business Segment

The Company is engaged mainly in the supply of bottom-weight fabrics and denims. It has tie-ups with about 16 composite mills to manufacture denim fabric as per its needs and requirements. The distribution model involves purchasing large quantities from composite denim mills, repackaging them into smaller units, and delivering to a broad customer base to ensure timely supply and cater to diverse client needs. The Company serves customers across India from its registered office in Mumbai, Maharashtra.

Mittal Life Style Limited Key Management

• Brijeshkumar J. Mittal – Chairman & Managing Director
• Pratik Brijeshkumar Mittal – Director & Chief Financial Officer
• Sudha Brijeshkumar Mittal – Woman (Non-Executive) Director
• Praful Jadavji Shah – Independent Director
• Prasun Muljibhai Modi – Independent Director
• Vishnu Banwarilal Sharma – Independent Director
• Ankitsingh Ganeshsingh Rajpoot – Company Secretary & Compliance Officer

Latest Updates on Mittal Life Style Limited

• Capital structure actions: During the year, the Company increased its authorised share capital to Rs 55,00,00,000 and completed a rights issue of 14,79,66,925 equity shares at Rs 2 per share, raising Rs 29,59,33,580 to support growth initiatives.
• Governance and audit: The statutory auditors’ report for FY 2024-25 carried an unmodified opinion on internal financial controls over financial reporting; the auditors also noted no pending litigations impacting the financial position and no amounts required to be transferred to the Investor Education and Protection Fund.
• Corporate information: The 20th Annual General Meeting is scheduled for July 07, 2025 at 11.30 a.m. through video conferencing, with the deemed venue at the registered office in Mumbai.
• Management statements: The Board reported no material changes or commitments affecting the Company’s financial position after March 31, 2025, till the date of the report. The Company also confirmed compliance with applicable Secretarial Standards and corporate governance requirements.