Credo Brands Marketing Limited – Annual General Meeting Update (NSE: MUFTI, BSE: MUFTI)

Introduction

Credo Brands Marketing Limited (formerly Credo Brands Marketing Private Limited) filed a statutory announcement with both the Bombay Stock Exchange (BSE) and the National Stock Exchange of India (NSE) on 11 September 2026. The filing, made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, reports the outcomes of the company’s 27th Annual General Meeting (AGM).

Key Highlights from the AGM

Re‑appointment of Managing Director

• Director: Mr. Kamal Khushlani (DIN: 00638929)
• Position: Chairman and Managing Director (MD)
• Term: 5 years, effective 8 March 2027 to 7 March 2032
• The re‑appointment was approved inter‑alia based on recommendations from the Nomination and Remuneration Committee and the Board of Directors.

Compliance Confirmation

• The company confirms that Mr. Khushlani is not debarred from holding a directorial office by SEBI or any other regulatory authority.
• The disclosure complies with SEBI Master Circular No. HO/49/14/14(7)2025‑CFD‑POD2/I/3762/2026 dated 30 January 2026.

Director Profile & Relationship Disclosure

• Profile:
  • Promoter, Chairman and MD of Credo Brands Marketing Limited.
  • Bachelor’s degree in Commerce (University of Mumbai).
  • Over 34 years of experience in the apparel industry.
  • Founder of the “Mufti” brand (launched 1998), now a leading men’s wear label in India.
  • Involved in product development, brand building, marketing, and overall strategic direction.
• Related Party Disclosure:
  • Apart from Mrs. Poonam Khushlani (Whole‑time Director), Mr. Khushlani has no familial relationship with any other director of the company.

Filing Details

• Scrip Code: 544058
• Scrip Symbol: MUFTI
• The intimation has been uploaded on the company’s website: www.credobrands.in.

Conclusion

The AGM outcome confirms continuity in leadership, with Mr. Kamal Khushlani’s five‑year re‑appointment as Chairman and Managing Director. No regulatory impediments were identified, and the disclosure satisfies SEBI’s listing obligations. Investors can note the stability in top‑management as a positive governance signal.