
Corporate Governance25 Jul 2026, 07:00 pm
Vedant Fashions Reappoints Manish Choksi as Independent Director
AI Summary
Vedant Fashions Limited announced that its Board of Directors, in a meeting held on July 25, 2026, approved the re-appointment of Mr. Manish Mahendra Choksi as a Non-Executive Independent Director for a second term of five years, commencing September 6, 2026. The board also approved the unaudited financial results for the quarter ended June 30, 2026, and the re-appointment of Mr. Ravi Modi as Chairman and Managing Director, and Mrs. Shilpi Modi as Whole-time Director, subject to shareholder approval. Mr. Choksi meets independence criteria and is not disqualified from his role.
Key Highlights
- Mr. Manish Mahendra Choksi re-appointed as Non-Executive Independent Director.
- Second term for Mr. Choksi is for five years, starting September 6, 2026.
- Board also approved Q1 FY27 unaudited financial results.
- Re-appointments of Ravi Modi and Shilpi Modi also approved.
- All re-appointments are subject to shareholder approval.
Price Impact
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