Vishal Mega Mart Management Change
Vishal Mega Mart Limited announced the re-appointment of Neha Bansal as Independent Director and Gunender Kapur as MD & CEO. These appointments were formalised via regulatory filings.
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Vishal Mega Mart Limited announced the re-appointment of Neha Bansal as Independent Director and Gunender Kapur as MD & CEO. These appointments were formalised via regulatory filings.
Vishal Mega Mart Limited successfully concluded its 8th Annual General Meeting on September 18, 2026, through video conferencing to transact ordinary and special business.
Vishal Mega Mart Ltd announced that Mr. Manoj Kumar, Chief Operations Officer and Senior Management Personnel, has been relieved from his duties effective September 11, 2026.
India Ratings has upgraded Vishal Mega Mart Limited's long-term rating to 'IND AA+' from 'IND AA'. The upgrade covers bank loan facilities worth 255.00 Crore.
Vishal Mega Mart's subsidiary, Airplaza Retail, received a Rs. 2.50 lakh penalty order from the Adjudicating Officer, Jagtial District, regarding a food safety violation.
Vishal Mega Mart Ltd has issued a letter to shareholders providing the web-link to access its FY 2025-26 Annual Report. This is a routine compliance disclosure.
Vishal Mega Mart Limited has released its Business Responsibility & Sustainability Report for FY 2025-26. The report details operational footprints, employee metrics, and ESG compliance frameworks.
Vishal Mega Mart Limited has scheduled its 8th Annual General Meeting for September 18, 2026. The company also released its Annual Report for the Financial Year 2025-26.
Vishal Mega Mart Limited has re-appointed Gunender Kapur as the Founder, Managing Director, and CEO for a five-year term effective September 1, 2026.
Vishal Mega Mart Limited has announced the grant of 4,68,00,000 stock options to eligible employees under its existing Employees Stock Options Plan 2019.
Vishal Mega Mart's board approved the five-year re-appointment of Mr. Gunender Kapur as Founder, Managing Director, and CEO, effective September 1, 2026.
Vishal Mega Mart's subsidiary received a court order to vacate leased premises and pay ₹2.68 Crore in arrears. The company intends to appeal this court decision.
Vishal Mega Mart's subsidiary received a penalty order of Rs. 1 Lakh from the Additional District Magistrate, Moradabad, regarding a food safety violation.
Vishal Mega Mart allotted 5,00,000 equity shares following the exercise of stock options by employees. This allotment increases the company's total issued share capital.
Vishal Mega Mart reported strong Q1 FY27 results with 18.7% revenue growth. Strategy focuses on private brands (75% revenue) and expanding small format stores in saturated markets.
Vishal Mega Mart delivered strong 18.7% revenue growth in Q1 FY27, driven by same-store sales and store expansion. Management is aggressively pivoting to a small-store format in saturated markets to maintain momentum.
Vishal Mega Mart reported Q1FY27 revenue of ₹3,727 crore, representing 18.7% YoY growth. Profit After Tax for the quarter stood at ₹258.8 crore.
Vishal Mega Mart reported strong Q1FY27 results with 18.7% revenue growth and healthy margins. Strategy focuses on omni-channel expansion and loyalty program depth (~95% revenue contribution).
Vishal Mega Mart Ltd reported revenue from operations of ₹3,727 Cr (+18.7% YoY) and net profit of ₹258.8 Cr (+25.6% YoY) for Q1 FY27.
Vishal Mega Mart scheduled a board meeting on July 23, 2026. The board will consider unaudited financial results for the quarter ended June 30, 2026.
Vishal Mega Mart announced the resignation of COO Manoj Kumar, effective September 11, 2026. Shashi Gumma, a seasoned retail leader, was appointed as Chief of Operations.
Kotak Mahindra Mutual Fund acquired shares in Vishal Mega Mart, crossing the 5% threshold. The open-market purchase increases its stake to 5.01%.
Vishal Mega Mart increased its paid‑up capital by ₹7.93 Crore through an ESOP allotment, raising the share capital to ₹4,684 Crore. The move expands equity without external funding.
Vishal Mega Mart exercised 79,33,333 employee stock options at Rs 35 each, raising Rs 27.77 Crore. The same number of shares were allotted, increasing paid‑up capital.
Vishal Mega Mart granted 9,75,000 stock options to employees at Rs. 119 each. This aligns employee incentives with long-term shareholder value.
A subsidiary received a Rs. 0.01 Crore penalty from a court for a food safety violation. The company says the impact is not material and is evaluating next steps.
Vishal Mega Mart Limited appointed Mr. Anurag Krishna as Vice President & Head – Internal Audit. This addition strengthens the company's internal audit and risk management leadership.
Vishal Mega Mart granted 1,00,000 stock options at Rs. 118 each under its 2019 ESOP scheme. This move supports employee retention with a total exercise value of ₹1.18 Crore.
Mr. Vishal Mehrotra has resigned as Chief B&M Officer - FMCG for personal reasons. His cessation from Vishal Mega Mart is effective June 5, 2026.
Vishal Mega Mart announced the resignation of FMCG Chief Vishal Mehrotra. Vineet Saxena, Senior VP, will now lead the FMCG business to ensure leadership continuity.