Vedant Fashions Limited announced its Board meeting outcomes on July 25, 2026. The Board approved the unaudited financial results for the quarter ended June 30, 2026. Key decisions also included the re-appointment of Mr. Ravi Modi as Chairman and Managing Director for five years, and the re-appointment of Mrs. Shilpi Modi as Whole-time Director for a similar term. Mr. Manish Mahendra Choksi was also re-appointed as Non-Executive Independent Director.
Vedant Fashions Announces Board Meeting Outcomes
On July 25, 2026, the Board of Directors of Vedant Fashions Limited convened to discuss and approve key corporate actions. The meeting resulted in the approval of the company’s unaudited financial results for the quarter ending June 30, 2026. The financial statements, along with the limited review report from statutory auditors B SR & Co. LLP, have been furnished as part of this announcement.
Director Re-appointments and Terms
Following recommendations from the Nomination and Remuneration Committee, the Board approved several significant re-appointments:
- Mr. Ravi Modi (DIN: 00361853) has been re-appointed as Chairman and Managing Director for a further term of five consecutive years, commencing August 28, 2026, and concluding on August 27, 2031. This re-appointment is subject to shareholders’ approval at the upcoming Annual General Meeting. Mr. Modi has confirmed his eligibility to hold directorship under the Companies Act, 2013, and is not debarred by any regulatory authority.
- Mrs. Shilpi Modi (DIN: 00361954) has been re-appointed as Whole-time Director for a term of five years, also effective from August 28, 2026, to August 27, 2031. This appointment is also contingent upon shareholder approval. Mrs. Modi has provided similar confirmations regarding her eligibility and lack of disqualifications.
- Mr. Manish Mahendra Choksi (DIN: 00026496) has been re-appointed as Non-Executive Independent Director for a second term of five consecutive years. This term will commence on September 06, 2026, and conclude on September 05, 2031. This appointment is not subject to retirement by rotation and requires shareholder approval. Mr. Choksi is unrelated to the company’s directors, key managerial personnel, or promoters and meets the independence criteria. He has also confirmed his eligibility to hold the office of Director.
The company has also disclosed detailed information regarding these re-appointments in ‘Annexure B’, as required by SEBI regulations.
Meeting Details and Information Availability
The Board meeting commenced at 05:25 p.m. and concluded at 06:40 p.m. on July 25, 2026. The information presented in this announcement is made available on the company’s official website, www.vedantfashions.com.
Source: BSE
