V2 Retail Limited has officially informed the stock exchanges about the resignation of its Senior Managerial Personnel (SMP), Mr. Sunil Kumar. The resignation was effective from the close of business hours on February 6, 2026. Mr. Kumar cited personal reasons for his departure. The company confirmed acceptance of the resignation and extended thanks for his contributions during his tenure, as disclosed on February 9, 2026.
Resignation of Senior Managerial Personnel
V2 Retail Limited issued an intimation regarding a change in its Senior Managerial Personnel (SMP). Mr. Sunil Kumar has tendered his resignation from this key role within the company. The formal announcement was made to the stock exchanges on February 9, 2026.
Effective Date and Rationale
The resignation of Mr. Sunil Kumar was effective immediately following the close of business hours on Friday, February 6, 2026. The primary reason cited by Mr. Kumar for his decision, as detailed in his communication, was personal reasons. The company confirmed that he stated he was unable to meet the expectations of the role as per company requirements.
Company Response
The company confirmed that Mr. Kumar was relieved of his duties on February 6, 2026. In a subsequent communication from Team HR, the resignation was formally accepted, and the management extended its gratitude for Mr. Kumar’s contributions and wished him success in his future endeavors.
Disclosure Details
As per the required regulatory disclosures, the following details confirm the change:
- Reason for Change: Resignation of the Senior Managerial Personnel due to personal reasons.
- Date of Cessation: With effect from the close of business hours of February 6, 2026.
- Profile and Relationships: The brief profile and disclosures of relationships between directors were marked as Not Applicable, consistent with a resignation notice for an SMP.
Source: BSE
