Vishal Mega Mart Limited has announced the appointment of Ms. Ashok Revathy as an Additional Director under the category of Independent Director, effective October 30, 2026. She has been appointed for a first term of five consecutive years and is not liable to retire by rotation. Ms. Revathy brings extensive experience in business leadership, strategy, and corporate governance.
Board Strengthened with Independent Expertise
Vishal Mega Mart Limited has officially announced the appointment of Ms. Ashok Revathy as an Additional Director to its Board, effective October 30, 2026. Ms. Revathy will serve in the capacity of an Independent Director. This appointment underscores the company’s commitment to robust corporate governance and strategic oversight.
Term and Independence
The Board has further recommended Ms. Revathy’s appointment as an Independent Director for a full term of five consecutive years, commencing from October 30, 2026. Importantly, her position will not be subject to retirement by rotation, providing continuity and long-term strategic input. The company has confirmed that Ms. Revathy is not debarred from holding directorships by any regulatory authority.
Distinguished Professional Background
Ms. Ashok Revathy is recognized as a distinguished business leader with over 30 years of experience across various sectors, including private equity, IT, manufacturing, infrastructure, retail, and consumer goods. She is the former Managing Director of Tishman Speyer India and Co-Founder of Strategy Garage. Her career highlights include being the first woman from India to serve as Chief Financial Officer (CFO) of Syntel Inc., a NASDAQ-listed company. She has also served on the boards of prominent companies such as Welspun, Quess, and AstraZeneca.
Disclosure Details
Details regarding the appointment, including the reason for the change, the effective date, and Ms. Revathy’s comprehensive profile, are provided as per SEBI Listing Regulations. The company confirms that Ms. Revathy has no disclosed relationships with any existing Directors of Vishal Mega Mart Limited.
The information regarding this appointment will be hosted on the company’s website at https://aboutvishal.com/.
Source: BSE
