StockWatch
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Diversified Retail
Management Change19 Sept 2026, 03:33 pm

Vishal Mega Mart Re-appoints Neha Bansal & Gunender Kapur as Directors

AI Summary

Vishal Mega Mart Limited's 8th Annual General Meeting (AGM) held on September 18, 2026, approved the re-appointment of two key directors. Ms. Neha Bansal was re-appointed as a Non-Executive Independent Director for a second term of one year, commencing from September 23, 2026, to September 22, 2027. Mr. Gunender Kapur was re-appointed for a tenure of five years, effective from September 1, 2026, to August 31, 2031, and also re-designated as Founder, Managing Director & Chief Executive Officer of the Company. Both re-appointments ensure continuity in the company's leadership and board structure.

Key Highlights

  • Two key directors re-appointed at Vishal Mega Mart's 8th AGM.
  • Neha Bansal re-appointed as Independent Director for one year.
  • Gunender Kapur re-appointed as MD & CEO for five years.
  • Kapur also re-designated as Founder, MD & CEO.
  • Ensures continuity in leadership and board composition.