Who owns Diwas?
Diwas is owned by Vedant Fashions (India, BSE: 543463).[1]
This ownership is reported in official statements but has not yet been matched to a regulatory filing.
Evidence: Vedant Fashions Limited Annual Report 2025-26, 9 September 2026. Last checked .
Key facts
- Current owner
- Vedant Fashions Limited reported
- Owner HQ
- 🇮🇳 India, Kolkata
- Origin
- 🇮🇳 India
- Founded
- 2024
- Category
- Apparel, footwear & accessories › Fashion apparel › Casual & denim
- Parent ticker
- BSE: 543463 NSE: MANYAVAR
- Last verified
- · 1 sources
About Diwas
Diwas is a men's festive and celebration-wear brand introduced by Vedant Fashions in 2024, aimed at Gen Z customers at value to mid-premium prices. The annual report lists kurtas, lowers and jacket sets as its portfolio, sold through multi-brand outlets and e-commerce, and describes its offerings as sustainability-aligned, with the aim of reaching customers across India.
Ownership timeline of Diwas
- Current owner Vedant Fashions [1] reported
Where Diwas sits in Vedant Fashions
Controlling ownership as of . Brands grouped under the entity that owns them; large groups are collapsed.
Open the full Vedant Fashions ownership tree →
See the full Vedant Fashions brand portfolio (5) →
Other brands owned by Vedant Fashions
Vedant Fashions controls 5 brands on Brandtree, 5 of them in apparel, footwear & accessories.
Also in apparel, footwear & accessories
Other brands in casual & denim, and who owns them
The 133 brands in casual & denim on Brandtree belong to 59 owners. The largest is Azzas 2154, with 8.
| Brand | Owner | Owner based in |
|---|---|---|
| Fábula | Azzas 2154 | 🇧🇷 Brazil |
| Carter's | Carter's | 🇺🇸 United States |
| Duck Head | Oxford Industries | 🇺🇸 United States |
| Cortefiel | Tendam | 🇪🇸 Spain |
| & Other Stories | H&M Group | 🇸🇪 Sweden |
| Bershka | Inditex | 🇪🇸 Spain |
| GU | Fast Retailing | 🇯🇵 Japan |
| BSX | Giordano | 🇭🇰 Hong Kong |
About the owner: Vedant Fashions
Vedant Fashions is a publicly listed company headquartered in Kolkata, India, founded in 2002. Brandtree records 5 brands under its control, and it is listed as BSE: 543463 and NSE: MANYAVAR.
Indian wedding and celebration-wear company incorporated in 2002 as Vedant Fashions Private Limited, with its registered office in Kolkata. Its 2025-26 annual report lists five brands (Manyavar, Mohey, Twamev, Mebaz and Diwas) sold mainly through exclusive brand outlets, and reports 669 stores in 252 cities as of 31 March 2026. The company was listed on the Indian stock exchanges following an IPO in 2022.
Vedant Fashions: full profile, brands and acquisition history →
🇮🇳 Diwas and other Indian brands
Brandtree records a controlling owner for 255 brands that began in India. 9 of them (4%) are now controlled by a company headquartered in another country; Diwas is not one of them.
Frequently asked questions
Who is the parent company of Diwas?
The parent company of Diwas is Vedant Fashions, a publicly listed company headquartered in India.
Is Diwas Indian?
Yes. Diwas originated in India in 2024 and its owner, Vedant Fashions, is also headquartered in India.
Is Diwas still owned by Vedant Fashions?
Yes. As of 4 October 2026, Diwas is still owned by Vedant Fashions. The ownership record was last checked against primary sources on that date.
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Vedant Fashions Limited Annual Report 2025-26 — Vedant Fashions Limited, Annual report, published 9 September 2026; retrieved 4 October 2026.
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