VIP Industries Senior Management Change: VP E-Commerce & Caprese Resigns Effective May 18, 2026

VIP Industries Limited has informed the stock exchanges of a change in its senior management, pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mr. Sushant Junnarka, who served as Vice President – E-Commerce & Caprese and was classified as a Senior Management Personnel under Regulation 16(1)(d) of the SEBI Listing Regulations, has tendered his resignation from the services of the company, effective from the close of business hours of May 18, 2026.

Resignation Details

The company filed the requisite disclosure with both BSE Limited and the National Stock Exchange of India Ltd. in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026. The key details of the change, as prescribed under the applicable regulations, are summarised below:

Parameter:	Details
Name:	Sushant Junnarka
Designation:	Vice President – E-Commerce & Caprese
Reason for Change:	Resignation due to personal reasons
Effective Date:	Close of business hours of May 18, 2026
Brief Profile (Appointment):	Not Applicable
Director Relationship Disclosure:	Not Applicable

Background

In his resignation communication, Mr. Junnarka noted that he served a three-month notice period as per his employment contract and expressed willingness to assist in the transition process. He acknowledged leading the e-commerce team and contributing to the company's digital growth over the past two financial years. The intimation was signed by Rahul Poddar, Chief Financial Officer of VIP Industries Limited, and has also been uploaded on the company's official website at www.vipindustries.co.in for investor reference.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.44%	-1.12%	-7.73%	-23.88%	-22.06%	-17.61%

VIP Industries Limited has intimated the stock exchanges of a key managerial change, disclosing the resignation of Mr. Ashitosh Sheth from his roles as Company Secretary, Compliance Officer (Key Managerial Personnel), and Nodal Officer of the company. The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with the SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026.

Key Details of the Resignation

The resignation was formally communicated to the Board of Directors on February 3, 2026, with Mr. Sheth requesting relief from his responsibilities effective the close of business hours on May 04, 2026. The company confirmed that the resignation was tendered to pursue an alternate career opportunity outside the organisation, and that there are no other material reasons beyond those stated.

The following table summarises the key details as disclosed under Regulation 30 of the SEBI Listing Regulations:

Parameter:	Details
Name:	Ashitosh Sheth
Position(s) Held:	Company Secretary, Compliance Officer (KMP), and Nodal Officer
Reason for Change:	Resignation to pursue alternate career opportunity outside the organisation
Effective Date of Resignation:	May 04, 2026
Material Reasons (Other):	None

Impact on Key Managerial Personnel Status

Subsequent to his resignation as Company Secretary, Mr. Sheth has ceased to be a Key Managerial Personnel under Regulation 30(5) of the SEBI Listing Regulations. This cessation applies for the purpose of determining the materiality of an event or information and for making disclosures to the stock exchanges under the said regulation.

Replacement Process Underway

VIP Industries has stated that it is in the process of identifying and hiring a suitable candidate for the position of Company Secretary, Compliance Officer, and Nodal Officer. The company has committed to informing the stock exchanges once the vacancy is filled. The intimation to the exchanges was signed by Rahul Poddar, Chief Financial Officer of VIP Industries Limited, on May 04, 2026.