StockWatch
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Speciality Retail
Board Meeting25 Jun 2026, 07:12 pm

Vedant Fashions Reappoints Auditor, Approves Stock Options

AI Summary

Vedant Fashions Limited announced the outcome of its Board Meeting held on June 25, 2026. The Board approved the re-appointment of M/s. Grant Thornton Bharat LLP as the Internal Auditor for the Financial Year 2026-27. Additionally, the company approved the grant of 24,237 stock options under the VFL Employee Stock Option Scheme 2018 to eligible employees. The Nomination & Remuneration Committee also approved the allotment of 1,000 equity shares upon exercise of these options, leading to a slight increase in the company's issued and paid-up share capital. The meeting commenced at 2:55 p.m. and concluded at 3:45 p.m.

Key Highlights

  • Re-appointment of Grant Thornton Bharat LLP as Internal Auditor for FY 2026-27 approved.
  • 24,237 stock options granted under VFL Employee Stock Option Scheme 2018.
  • 1,000 equity shares allotted upon exercise of stock options.
  • Issued share capital increased slightly post-allotment.
  • Board meeting held on June 25, 2026, from 2:55 p.m. to 3:45 p.m.