Vishal Mega Mart Ltd

Vishal Mega Mart Limited has approved the grant of 1,00,000 stock options to an eligible employee under its Employees Stock Options Plan 2019. The exercise price for these options is set at Rs. 118/- per option. Each option is convertible into one equity share of Rs. 10 face value. The exercise period for vested options is 10 years from the grant date. This move is part of the company's employee incentive program.

Vishal Mega Mart Ltd announced the resignation of Mr. Vishal Mehrotra, Chief B&M Officer – FMCG, a Senior Management Personnel, due to personal reasons. His cessation is effective from the close of business hours on June 05, 2026. Mr. Vineet Saxena, Senior Vice President – FMCG, will assume leadership of the FMCG business. Mr. Saxena brings over two decades of experience in the retail and FMCG sectors, having previously served as Chief Growth Officer at Metro Wholesale and held leadership roles at various prominent companies.

Vishal Mega Mart Ltd announced its audited financial results for Q4FY26 and FY26. Revenue from operations for FY26 stood at ₹129,063 million, a YoY growth of 20.4%. The adjusted SSSG was 11.0%. Adjusted EBITDA stood at ₹13,211 million with a 10.2% margin, a YoY growth of 27.8%. PAT for FY26 grew by 32.8% to ₹8,392 million. The company added 105 gross and 99 net stores, bringing the total store count to 795. For FY26, Apparel contributed 44.2% to revenue, General Merchandise 28.5%, and FMCG 27.0%.

Vishal Mega Mart Ltd. announced its financial results for the quarter and year ended March 31, 2026. The Board of Directors approved the audited standalone and consolidated financial results. Revenue from operations for the year stood at ₹46,731.18 million. The board also approved the re-appointment of Ernst & Young LLP as the Internal Auditors for FY 2026-27.

Vishal Mega Mart Ltd. has re-appointed Ernst & Young LLP as its Internal Auditors for the financial year 2026-27. The decision, based on the recommendation of the Audit Committee, was approved during the Board of Directors meeting held on May 14, 2026. The board also considered and approved the audited financial results for the quarter and financial year ended March 31, 2026, which were reviewed by Statutory Auditors M/s. Walker Chandiok & Co LLP.

Vishal Mega Mart Ltd's Board of Directors approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, along with the re-appointment of Ernst & Young LLP as Internal Auditors for FY 2026-27. The board meeting was held on May 14, 2026, where the financial results and audit reports were reviewed and approved. Revenue from operations stood at ₹31,141.03 million for the quarter ended March 31, 2026.

Vishal Mega Mart Ltd has scheduled a Board of Directors meeting on May 14, 2026, to consider and approve the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The trading window for dealing in the company's shares is closed for designated persons and their immediate relatives from April 1, 2026, and will remain closed until 48 hours after the announcement of the financial results.

Airplaza Retail Holdings Private Limited, a subsidiary of Vishal Mega Mart Ltd, received an order from the Court of Additional District Magistrate, Rampur, imposing a penalty of ₹2,00,000. The penalty was levied due to a violation of the Food Safety and Standards Act, 2006, after an inspection revealed that a sample of 'Turmeric Powder' was not in compliance with the relevant laws. The penalty includes ₹80,000 on the Store Manager and ₹1,20,000 on the Subsidiary. Vishal Mega Mart plans to recover the penalty amount from the manufacturer and is reviewing the order.

Airplaza Retail Holdings Private Limited, a subsidiary of Vishal Mega Mart Ltd, has been penalized ₹4,00,000 by the Court of Adjudicating Officer, Food Safety-cum-Additional District Magistrate (Revenue), Rayagada. The penalty was imposed following an inspection by the Food Safety Officer on May 19, 2025, which alleged violations of the Food Safety and Standards Act, 2006. The company stated that the financial impact is limited to the penalty amount and there is no material impact on its operations. The subsidiary is reviewing the order and evaluating next steps.

Vishal Mega Mart Ltd's subsidiary, Airplaza Retail Holdings Private Limited, has received an order from the Assistant Labour Commissioner Court - Fatehpur, Uttar Pradesh. The order, dated April 15, 2026, pertains to a violation under Section 12 read with Rule 21 of the Minimum Wages Act, 1948, related to minimum wages. The court has directed a recovery amount of ₹13,83,888/-. The company stated that the financial impact is limited to this penalty, with no material impact on its operations or other activities. The subsidiary is currently reviewing the order and evaluating its next steps.