V-Mart Retail Promoter Lalit Agarwal Acquires 69,120 Equity Shares Worth ₹3.49 Crore

V-Mart Retail has announced that its promoter and Managing Director, Lalit Agarwal, has acquired 69,120 equity shares of the company through market purchases. The transaction, completed between March 20-23, 2026, represents a significant investment by the promoter in the retail chain.

Transaction Details

The share acquisition was executed as an on-market purchase on the National Stock Exchange, with a total transaction value of ₹3,48,71,731. This purchase has resulted in an increase in Agarwal's shareholding in the company.

Parameter	Before Transaction	After Transaction
Number of Shares	9,41,288	10,10,408
Shareholding Percentage	1.18%	1.27%
Transaction Value	-	₹3,48,71,731
Number of Shares Purchased	-	69,120

Regulatory Compliance

V-Mart Retail made the disclosure on March 23, 2026, in compliance with Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015. The company filed the requisite Form C disclosure with both the National Stock Exchange and BSE, providing complete details of the transaction.

Promoter Information

Details	Information
Name	Lalit Agarwal
Designation	Managing Director
Category	Promoter
PAN	AAAPA5875D
DIN	00900900

The transaction was completed through regular market operations, with all purchases executed on the NSE platform. The disclosure demonstrates the promoter's continued confidence in the company's prospects and represents an increase in his stake in V-Mart Retail.

Corporate Communication

The disclosure was signed by Company Secretary and Compliance Officer Megha Tandon, who communicated the transaction details to both stock exchanges. The company maintained full transparency by providing comprehensive transaction details including the exact number of shares, transaction dates, and the mode of acquisition as required under insider trading regulations.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-2.45%	-6.56%	-13.75%	-31.81%	-30.36%	-26.85%

V-Mart Retail Limited has been honored with the Silver Shield in the Services Category at the prestigious ICAI Awards for Excellence in Financial Reporting 2024-25. The award ceremony took place in January 2026, recognizing the company's outstanding commitment to financial transparency and reporting excellence.

Award Recognition and Significance

The ICAI Awards for Excellence in Financial Reporting are instituted by the Institute of Chartered Accountants of India (ICAI), the apex statutory body regulating the accounting profession in India. These awards are widely regarded as among the most credible and distinguished recognitions in the field of financial reporting across corporate India.

Award Details:	Information
Award Category:	Services Category (Other than Financial Services Sector)
Recognition:	Silver Shield
Award Year:	2024-25
Ceremony Date:	January 2026
Instituting Body:	Institute of Chartered Accountants of India (ICAI)

The award celebrates excellence in transparency, disclosure standards, statutory compliance, and the overall quality of financial statements. This recognition marks a significant milestone in V-Mart's journey of building robust governance frameworks and maintaining best-in-class financial reporting practices.

Triple Crown of Governance Excellence

With this latest honor, V-Mart joins a distinguished league of organizations that have received all three premier accolades in governance and reporting excellence. The company now holds a unique position with three major awards:

Award:	Year	Instituting Body	Recognition Area
Golden Peacock Award for Corporate Governance	2022	Institute of Directors	Excellence in corporate governance
ICSI Award for Excellence in Corporate Governance	2024	Institute of Company Secretaries of India	Exemplary governance frameworks and processes
ICAI Award for Excellence in Financial Reporting	2025	Institute of Chartered Accountants of India	Outstanding financial transparency and reporting standards

This triple recognition demonstrates V-Mart's comprehensive approach to corporate governance, encompassing financial reporting excellence, governance frameworks, and overall corporate accountability.

Company Profile and Operations

Founded in 2002, V-Mart Retail Limited is India's pioneer in organized value fashion, dedicated to bringing high-quality, affordable apparel and accessories to the rapidly expanding middle class. The company operates as a leading value fashion retailer with a deep-rooted focus on Tier II and III cities.

Operational Metrics:	Details
Total Stores:	562 stores
Geographic Presence:	325+ cities
Coverage:	28 states and Union Territories
Average Store Size:	8,000 sq. ft.
Digital Platform:	www.limeroad.com

The company maintains an extensive omni-retail store chain designed to meet the evolving aspirations of the modern Indian family. Beyond its physical footprint, V-Mart also serves customers through its digital platform and is available on other leading marketplaces.

Strategic Commitment to Excellence

This recognition reflects V-Mart's unwavering commitment to accountability, integrity, and stakeholder trust. The company continues to redefine the value fashion landscape through its "value retailing" philosophy and aggressive physical expansion strategy. As V-Mart celebrates this achievement, the company reaffirms its commitment to further elevating its financial reporting and governance benchmarks while continuing to drive sustainable growth in the organized retail sector.