Vishal Mega Mart appointed Ms. Ashok Revathy as Non-Executive Independent Director for a five-year first term from October 30, 2026. The board change follows NRC recommendation and carries no financial amount.
Execution
5 years (first term as Independent Director, effective October 30, 2026)
Vishal Mega Mart delivered 14% revenue growth despite a 3-4% festive shift impact. Management remains aggressive on store expansion but faces short-term operating deleverage from minimum wage hikes and festive timing.
Vishal Mega Mart reported Q2FY27 revenue of ₹3,398.5 Cr (up 14% YoY) with Adj. PAT of ₹172 Cr. Strategy focuses on store expansion and omni-channel growth via the 'Belong & Co' pilot.
Vishal Mega Mart scheduled its Board meeting for 21 Oct 2026 to approve Q1/H1 results. The trading window remains closed until 48 hours post-announcement.
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 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 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 announced the resignation of COO Manoj Kumar, effective September 11, 2026. Shashi Gumma, a seasoned retail leader, was appointed as Chief of Operations.
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.
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