Vishal Mega Mart submitted its Business Responsibility & Sustainability Report (BRSR) for FY26 on August 24, 2026. The filing covers consolidated operations across 814 locations and reports a consolidated turnover of ₹12,906 crore.

The company engaged Grant Thornton Bharat LLP to provide reasonable assurance on core sustainability indicators. These metrics include energy consumption, water usage, greenhouse gas emissions, and waste management data.

Operational Metrics

Vishal Mega Mart operates primarily in the retail sector, with apparel contributing 44% of total turnover. General merchandise accounts for 29%, while fast-moving consumer goods make up the remaining 27%.

The workforce comprises 21,913 permanent employees as of March 31, 2026. Of these, 66% are male and 34% are female. The company reported a turnover rate of 84% for permanent employees in FY26.

Environmental Impact

Total energy consumption rose to 7,34,083 GJ in FY26 from 5,89,035 GJ in FY25. This increase coincided with higher non-renewable energy usage, which stood at 7,32,578 GJ. Renewable energy consumption was recorded at 1,505 GJ.

Greenhouse gas emissions (Scope 1 and Scope 2) totaled 1,41,404 metric tonnes of CO2 equivalent. This compares to 1,16,750 metric tonnes in the prior year. Water withdrawal increased to 1,48,627 kilolitres from 1,20,171 kilolitres.

What the Numbers Show

Customer complaints surged significantly in FY26. The company received 94,575 complaints during the year, up from 81,482 in FY25. Despite this volume increase, the number of pending resolutions at year-end remained at zero for both periods. This suggests improved processing efficiency or a shift in complaint nature rather than unresolved backlog issues.

Governance and Safety

Vishal Mega Mart reported four recordable work-related injuries in FY26, down from 13 in FY25. The Lost Time Injury Frequency Rate (LTIFR) fell to 0.08 per million person-hours worked from 0.31 previously.

The board includes two female directors, representing 25% of the total eight-member board. No monetary penalties or fines were reported during the financial year.

Vishal Mega Mart Limited has scheduled its eighth annual general meeting for September 18, 2026. The meeting will be held at 12:00 noon through video conferencing or other audio-visual means.

The company announced the date under Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice was issued on August 24, 2026.

Agenda Items

Shareholders will transact ordinary and special business during the meeting. The key items include:

• Adoption of audited standalone and consolidated financial statements for the financial year ended March 31, 2026.
• Re-appointment of Mr. Sanjeev Aga as a non-executive non-independent director upon retirement by rotation.
• Approval for the continuation of Mr. Aga’s directorship despite attaining the age of 75 years on February 1, 2027.
• Re-appointment of Ms. Neha Bansal as a non-executive independent director.

Governance Details

The Board of Directors recommended the continuation of Mr. Aga’s tenure based on the Nomination and Remuneration Committee’s advice. This aligns with Regulation 17(1A) of the SEBI Listing Regulations.

Ms. Bansal’s re-appointment follows her declaration of independence under Section 149(6) of the Companies Act, 2013. She currently holds office until September 22, 2026.

Accessing Documents

The notice and the annual report for FY26, including the Business Responsibility & Sustainability Report, are available on the company website.