
Management Change5 Nov 2026, 05:51 pm
Vedant Fashions: Aman Kumar Gupta redesignated Chief Business Officer; ESOPs granted
AI Summary
Vedant Fashions Ltd announced the redesignation of Mr. Aman Kumar Gupta from Chief Retail Officer to Chief Business Officer, effective November 6, 2026. Mr. Gupta, who joined the company in November 2025, brings approximately 24 years of experience in the apparel and consumer goods sectors. The Board also approved the grant of 9887 stock options under the VFL Employee Stock Option Scheme 2018 to eligible employees. The exercise price for these options is ₹505.70 per option, with a vesting period of one to four years and an exercise period of ten years from the grant date. The meeting also saw the approval of the stock options grant.
Key Highlights
- Aman Kumar Gupta redesignated as Chief Business Officer.
- Mr. Gupta has 24 years of experience in apparel and consumer goods.
- 9887 stock options granted under VFL Employee Stock Option Scheme 2018.
- Exercise price set at ₹505.70 per stock option.
- Vesting period ranges from one to four years.
Price Impact
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