Management Change5 Aug 2026, 04:50 pm
Cantabil Retail Re-appoints CMD Vijay Bansal, Director Deepak Bansal
AI Summary
Cantabil Retail India Ltd announced the re-appointment of Mr. Vijay Bansal as Chairman and Managing Director and Mr. Deepak Bansal as Whole Time Director. Both appointments are for a period of 5 years, effective from April 1, 2027, to March 31, 2032, subject to shareholder approval at the upcoming AGM. The board also approved the un-audited standalone financial results for Q1 FY27 and recommended a final dividend of ₹0.75 per share for FY26. The record date for the dividend is August 28, 2026. Mr. Deepak Bansal is the son of Mr. Vijay Bansal.
Key Highlights
- CMD Vijay Bansal re-appointed for 5 years from April 2027.
- Whole Time Director Deepak Bansal re-appointed for 5 years from April 2027.
- Final dividend of ₹0.75 per share recommended for FY26.
- Un-audited standalone financial results for Q1 FY27 approved.
- Deepak Bansal is the son of Chairman Vijay Bansal.
Price Impact
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