
Management Change25 Jul 2026, 07:00 pm
Vedant Fashions Reappoints Shilpi Modi as Whole-time 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 Mrs. Shilpi Modi as a Whole-time Director. This re-appointment is for a term of five consecutive years, commencing from August 28, 2026, up to August 27, 2031, subject to shareholder approval at the upcoming Annual General Meeting. Mrs. Modi has confirmed she is not disqualified from holding the directorship. 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 Mr. Manish Mahendra Choksi as Non-Executive Independent Director.
Key Highlights
- Mrs. Shilpi Modi re-appointed as Whole-time Director for five years.
- Re-appointment effective August 28, 2026, pending shareholder approval.
- Board also approved Q1 FY27 unaudited financial results.
- Mr. Ravi Modi re-appointed as Chairman and Managing Director.
- Mr. Manish Mahendra Choksi re-appointed as Independent Director.
Price Impact
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