Vishal Mega Mart Limited announced the appointment of Mr. Vineet Saksena as the new Senior Vice President – FMCG and Senior Management Personnel. This decision was approved by the Board of Directors following a recommendation from the Nomination and Remuneration Committee. The appointment is effective from March 03, 2026. Mr. Saksena brings over two decades of executive experience in retail, FMCG, and consumer goods from major companies.
Key Executive Appointment Confirmed
Vishal Mega Mart Limited has formally approved the appointment of Mr. Vineet Saksena to the role of Senior Vice President – FMCG and designated him as Senior Management Personnel of the Company. The approval was secured through circulation on March 03, 2026, subsequent to the recommendation of the Nomination and Remuneration Committee.
Background and Expertise of Mr. Saksena
The company highlighted that Mr. Saksena is a seasoned business leader with more than two decades of operational and strategic experience spanning the retail, FMCG, and consumer goods sectors. Most recently, he held the position of Chief Growth Officer at Metro Wholesale, where his mandate involved spearheading business expansion and strategic initiatives.
Prior to his role at Metro Wholesale, Mr. Saksena’s career included tenure with several leading organizations such as Reliance Retail Limited, 7-Eleven Convenience Retail, Metro Cash & Carry, Walmart India, Hindustan Unilever Limited, and Singer India Private Limited.
Educational Qualifications
Mr. Saksena holds a Bachelor’s degree in Science from Garhwal University. Furthermore, he possesses a Post Graduate Diploma in Business Management (PGDBM) from SGRR Institute of Technology & Science, Dehradun. He has also completed the 3T Senior Management Program from IIM Ahmedabad.
Compliance Details
The required details pertaining to the appointment, as mandated by the relevant regulations, are provided in the enclosed Annexure-A. The disclosure confirms that there are no relationships between Mr. Saksena and the Directors that need to be disclosed.
Source: BSE
