Management Change2 Sept 2026, 09:10 pm
Vedant Fashions Appoints Two New Independent Directors
AI Summary
Vedant Fashions Limited announced board approval for the appointment of Mr. Nihir Parikh and Ms. Neetu Kashiramka as Additional Directors, designated as Non-Executive Independent Directors. Both appointments are for a term of five years commencing September 02, 2026, subject to shareholder approval. The board also noted the completion of tenure for Mr. Tarun Puri as an Independent Director on September 05, 2026. The company expressed gratitude for Mr. Puri's contributions. The appointments will lead to a reconstitution of board committees.
Key Highlights
- Vedant Fashions appoints Nihir Parikh and Neetu Kashiramka as new independent directors.
- Appointments are for a five-year term, effective September 02, 2026.
- Mr. Tarun Puri completes his tenure as Independent Director on September 05, 2026.
- New directors will join Audit and Nomination & Remuneration Committees.
- Appointments are subject to shareholder approval at the upcoming AGM.
Price Impact