Vishal Mega Mart Limited announced a change in its Senior Management Personnel structure effective March 11, 2026. Mr. Kuldeep Sharma, Vice President – Legal & Compliance, has tendered his resignation for personal reasons and has been relieved from his duties. Effective immediately, the company’s legal and compliance functions will be overseen by the newly appointed General Counsel, Mr. Sambit Swain, who brings over 16 years of multifaceted experience to the role.
Executive Transition in Legal Department
Vishal Mega Mart Limited has officially notified the exchanges regarding a key change within its Senior Management Personnel structure. Mr. Kuldeep Sharma, who held the position of Vice President – Legal & Compliance, has resigned from his services with the company due to personal reasons. Mr. Sharma’s relief from duties was effective as of the close of business hours on March 11, 2026.
Appointment of New General Counsel
Following the vacancy, the responsibility for the legal and compliance functions of the Company will now be managed by Mr. Sambit Swain, who serves as the General Counsel – Legal & Compliance. This move is intended to further strengthen these critical functions, as previously communicated on November 13, 2025.
Profile of Mr. Sambit Swain
Mr. Sambit Swain brings substantial expertise to his role, boasting over 16 years of experience in the legal domain, covering corporate law, litigation, regulatory matters, and strategic advisory services. Most recently, Mr. Swain served as Director (Legal) at Coca-Cola India, where he was instrumental in defining the organization’s legal strategy. His prior associations include prominent firms such as Reckitt Benckiser India, McKinsey & Company, and HDFC Ltd. Mr. Swain holds an LL.M. degree from Jindal Global Law School and an LL.B. from Amity Law School.
Compliance Confirmation
The Company Secretary & Compliance Officer, Rahul Luthra (ICSI Membership No: F9588), confirmed the details of this management transition, which adheres to the necessary disclosure requirements.
Source: BSE
