Vishal Mega Mart Reappoints Neha Bansal as Independent Director

Vishal Mega Mart Limited announced the re-appointment of Ms. Neha Bansal as Non-Executive Independent Director for a second term of one year, commencing September 23, 2026, until September 22, 2027, subject to shareholder approval. The board also approved the unaudited financial results for the quarter ended June 30, 2026, and noted the limited review reports. Additionally, a proposal to cap aggregate foreign ownership at 49.99% was approved, requiring shareholder consent, to ensure the company remains Indian-owned and controlled for its subsidiary's business requirements.