
Management Change25 Jul 2026, 07:20 pm
Vedant Fashions Reappoints Ravi Modi as CMD for 5 Years
AI Summary
Vedant Fashions Limited announced the reappointment of Mr. Ravi Modi as Chairman and Managing Director for a further term of five years, commencing August 28, 2026, up to August 27, 2031. This reappointment is subject to shareholder approval at the upcoming Annual General Meeting. The Board also approved the unaudited financial results for the quarter ended June 30, 2026. Additionally, Mrs. Shilpi Modi was reappointed as Whole-time Director and Mr. Manish Mahendra Choksi as Non-Executive Independent Director, both for five-year terms, also pending shareholder approval.
Key Highlights
- Ravi Modi reappointed as CMD for 5 years.
- Reappointment term: August 28, 2026 - August 27, 2031.
- Shareholder approval required for reappointments.
- Unaudited financial results for Q1 FY27 approved.
- Other director reappointments also approved.
Price Impact
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