Vishal Mega Mart Limited has announced the re-appointment of Ms. Neha Bansal as Non-Executive Independent Director for a second one-year term, effective September 23, 2026. Additionally, Mr. Gunender Kapur has been re-appointed as Founder, Managing Director & Chief Executive Officer for a five-year term, starting September 01, 2026. Both appointments were approved by the company’s members at the 8th Annual General Meeting held on September 18, 2026.
Director Re-appointments Greenlit at AGM
At its 8th Annual General Meeting held on September 18, 2026, members of Vishal Mega Mart Limited (the Company) approved key leadership changes, including the re-appointment of two directors. These decisions were based on the report of the Scrutinizer and are in line with the SEBI Listing Regulations.
Neha Bansal Continues as Independent Director
Ms. Neha Bansal (DIN: 02057007) has been re-appointed as a Non-Executive Independent Director of the Company. Her second term is for a period of one year, commencing from September 23, 2026, and will conclude on September 22, 2027. Ms. Bansal holds a Bachelor’s degree in Commerce (Honours) and is a member of the Institute of Chartered Accountants of India, bringing over 18 years of experience in finance and business administration. She previously co-founded Lenskart.
Gunender Kapur Extends Tenure as MD & CEO
Mr. Gunender Kapur (DIN: 01927304) has been re-appointed for a tenure of five years, effective from September 01, 2026, until August 31, 2031. He has also been re-designated as Founder, Managing Director & Chief Executive Officer of the Company. Mr. Kapur possesses extensive experience, with over 42 years in management and investment within the consumer and retail sectors, having previously worked with major corporations like Hindustan Lever Limited and Reliance Industries Limited.
AGM Details
The Annual General Meeting commenced at 12:00 Noon (IST) and concluded at 12:51 P.M. (IST). The Company will host this information on its website, https://aboutvishal.com/.
Source: BSE
