Vishal Mega Mart Limited has announced the re-appointment of two key individuals following its 8th Annual General Meeting held on September 18, 2026. Ms. Neha Bansal has been re-appointed as Non-Executive Independent Director for a term of one year, effective September 23, 2026. Additionally, Mr. Gunender Kapur has been re-appointed for a five-year term, effective September 1, 2026, and will continue as Founder, Managing Director & Chief Executive Officer.
Vishal Mega Mart Confirms Director Re-appointments
Vishal Mega Mart Limited has successfully concluded its 8th Annual General Meeting (AGM) on September 18, 2026, during which key leadership appointments were ratified. The company has informed the stock exchanges about the re-appointment of two significant figures within its directorial board, ensuring continuity in governance and strategic leadership.
Leadership Appointments and Terms
Ms. Neha Bansal’s Re-appointment
Ms. Neha Bansal (DIN: 02057007) has been re-appointed as a Non-Executive Independent Director for a second term. This new term will commence on September 23, 2026, and will conclude on September 22, 2027. Ms. Bansal’s extensive experience in finance and business administration, including her co-founding role at Lenskart, continues to be a valuable asset to the company’s board. Her professional background includes a Bachelor’s degree in Commerce and qualifications from the Institute of Chartered Accountants of India.
Mr. Gunender Kapur’s Extended Role
In a significant decision for the company’s operational leadership, Mr. Gunender Kapur (DIN: 01927304) has been re-appointed for a tenure of five years. This new term begins on September 1, 2026, and will extend up to August 31, 2031. Concurrently, Mr. Kapur has been re-designated as the Founder, Managing Director & Chief Executive Officer. Mr. Kapur brings over 42 years of experience in management and investment within the consumer and retail sectors, having previously held positions at prominent organizations like Hindustan Lever Limited and Reliance Industries Limited.
Corporate Governance
The company has confirmed that both Ms. Bansal and Mr. Kapur are not debarred from holding directorships by any SEBI order or other relevant authorities. The details pertaining to these re-appointments, as required under Regulation 30 of the SEBI Listing Regulations, have been duly furnished and are available in Annexure-A and Annexure-B, respectively. The company will also host this information on its official website, https://aboutvishal.com/.
The AGM, which commenced at 12:00 Noon IST, concluded at 12:51 P.M. IST.
Source: BSE
