V-Mart Retail Limited announced that Chief Operating Officer Vineet Jain has resigned from his position to pursue a new opportunity. His resignation is effective from the close of business hours on July 15, 2026. The company disclosed this development in a regulatory filing submitted on June 10, 2026.

Mr. Anand Agarwal, the Chief Financial Officer of the company, will assume the role of Chief Operating Officer in addition to his existing responsibilities. This appointment is in accordance with the succession planning framework of V-Mart Retail. Mr. Agarwal is already designated as a Senior Management Person and Key Managerial Person.

The resignation was submitted via a letter dated June 10, 2026. In his resignation letter, Mr. Jain confirmed that the decision to pursue a new opportunity was the sole reason for his departure and that there were no other material reasons. He expressed his commitment to ensuring a smooth transition of responsibilities during the notice period.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that the necessary details regarding the change in senior management personnel have been submitted to the exchanges as required by SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

Key Management Changes

V-Mart Retail Limited has announced that unpaid dividends and corresponding equity shares for the Financial Year 2018-19 will be transferred to the Investor Education and Protection Fund (IEPF) if they remain unclaimed. The company stated that the transfer is scheduled to occur on or before September 7, 2026, in compliance with the Companies Act, 2013 and the IEPF Authority Rules.

The company has sent individual notices to all members whose shares are liable for transfer. Full details of these members have been made available on the company's website. For members holding shares in physical form, the company will issue new share certificates in lieu of the original ones for the purpose of transfer to IEPF, rendering the original certificates non-negotiable. For members holding shares in electronic form, the demat accounts will be debited for the shares liable for transfer.

To prevent the transfer of shares to the IEPF, affected members must send a request letter along with self-attested KYC documents, including a PAN card, a cancelled cheque leaf, and a recent utility bill as address proof. These documents must be submitted to the company or KFin Technologies Limited by September 7, 2026.

If no valid claims are received by the due date, the company will transfer the unclaimed dividend and equity shares to the IEPF without further notice. The company clarified that no claims will lie against it regarding the amounts or shares transferred to the fund. Members are also encouraged to register their email addresses with the Registrar or Depository Participants to ensure timely correspondence.