V-Mart Retail Limited has recommended a final dividend of ₹1 per equity share for the financial year ended March 31, 2026. The dividend, subject to shareholder approval at the upcoming Annual General Meeting (AGM), will be paid on or after Tuesday, August 4, 2026, to members whose names appear on the register of members as of Friday, July 17, 2026.

The company’s board has scheduled the 24th AGM for Thursday, July 30, 2026, at 11:00 A.M. IST. The meeting will be conducted via video conferencing and other audio-visual means (OAVM) without physical attendance. The agenda includes the adoption of audited financial statements for FY26 and the re-appointment of Mr. Lalit Agarwal (DIN: 00900900) as Director, liable to retire by rotation.

Key Meeting Details

The facility for remote e-voting will be available from July 26, 2026, to July 29, 2026. Shareholders who have not cast their votes remotely may vote during the meeting via the e-voting system. The company has engaged M/s National Securities Depository Limited (NSDL) to facilitate the e-voting and virtual meeting process.

Mr. Lalit Agarwal, who retires by rotation at this meeting, is eligible for re-appointment. The board recommends his re-appointment as Executive Director. The notice specifies that his remuneration will be within the limits approved by shareholders. The register of members and share transfer books will remain closed from Thursday, July 23, 2026, to Thursday, July 30, 2026, for the AGM and voting purposes.

V-Mart Retail Limited has filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26 with the stock exchanges. The report outlines the company's environmental, social, and governance (ESG) performance, detailing its operational footprint, workforce composition, and sustainability initiatives across its retail network.

Operational and Financial Metrics

The company reported a presence of 577 stores nationally, supported by a workforce of 13,929 employees. The paid-up capital stood at ₹79,45,82,890. In terms of sustainability investments, the company allocated 1.2% of its capital expenditure (capex) towards technologies aimed at improving environmental and social impacts during the year, compared to 0% in the previous financial year.

Workforce and Governance

The workforce comprised 70% male and 30% female employees. The report highlighted that 335 differently abled persons were employed, representing 2.4% of the total workforce. The Board of Directors included one female member, constituting 16.67% of the board. The company confirmed that no disciplinary action was taken against any directors, key managerial personnel (KMPs), employees, or workers for charges of bribery or corruption during the reporting period.

Environmental Performance

V-Mart Retail disclosed its energy consumption, reporting total energy usage of 3,86,847 Giga Joules (GJ) for FY 2025-26. The company has implemented a 700 kWp rooftop solar power plant at its Palwal warehouse, which generated approximately 2,700 GJ of renewable energy annually. Water withdrawal totalled 1,74,723 kilolitres, with the company promoting water conservation through the reuse of RO reject water and sewage treatment.

Stakeholder Grievances

The company reported receiving 1,30,665 customer complaints during FY 2025-26, of which 217 were pending resolution at the end of the year. All pending customer complaints were resolved before the approval date of the BRSR. Additionally, 298 complaints were received from employees and workers, with zero pending at year-end. No complaints were reported from investors or shareholders.