VTM Ltd has announced a significant corporate development, scheduling a meeting on January 14 to review and approve a proposal for listing its equity shares on the National Stock Exchange (NSE). This announcement marks an important milestone in the company's capital market journey.

Corporate Action Details

The company has formally communicated its intention to conduct a comprehensive review of the NSE equity share listing proposal. The scheduled date of January 14 will be crucial for determining the company's future market presence and accessibility to investors.

Strategic Implications

The proposed NSE listing represents a strategic move that could enhance VTM Ltd's market visibility and provide improved liquidity for its shareholders. As a company operating in the textiles sector, this listing proposal demonstrates the management's commitment to expanding market access and potentially attracting a broader investor base.

The review and approval process scheduled for January 14 will determine whether the company proceeds with the NSE listing initiative. This corporate action reflects the company's growth aspirations and its desire to establish a stronger presence in India's premier stock exchange.

Market Access Enhancement

If approved, the NSE listing would provide VTM Ltd with access to one of India's largest and most liquid stock exchanges. This development could facilitate better price discovery for the company's shares and offer enhanced trading opportunities for existing and potential investors.

The January 14 meeting will be pivotal in shaping the company's capital market strategy and determining its path forward in terms of exchange listing and market presence.

VTM Limited has strengthened its leadership team with the appointment of Mr. P. Senthil Kumar as Chief Financial Officer, effective December 15, 2025. The Board of Directors approved this key appointment during their meeting held on December 15, 2025, which commenced at 12:00 PM and concluded at 12:30 PM.

Regulatory Compliance and Official Communication

The company has formally communicated this appointment to the Bombay Stock Exchange Limited through an official letter dated December 15, 2025, referencing their scrip code 532893. The appointment has been made in compliance with Regulation 30 of the Listing Regulations and related SEBI guidelines, ensuring full regulatory adherence.

New CFO Profile and Credentials

Mr. P. Senthil Kumar brings extensive financial expertise to VTM Limited, backed by 28 years of experience in corporate finance. His professional credentials include Fellow Membership of the Institute of Cost Accountants of India (FCMA) and a Diploma in International Financial Reporting (ACCA-UK).

Professional Background and Expertise

Kumar's career spans across leading organizations including Magick Woods Exports, MEPCO, Kaleesuwari Refinery, Samsung India, MRF, Sundram Fasteners, and Larsen & Toubro. His comprehensive expertise covers multiple critical areas of financial management:

• Financial reporting and Ind-AS reporting
• Taxation and treasury management
• Fund management and strategic financial planning
• ERP/SAP systems implementation
• Compliance and commercial operations
• Management Information Systems (MIS) and internal controls

Leadership Experience

The new CFO has demonstrated significant leadership capabilities, having led finance teams in multi-entity organizations with turnovers up to ₹500.00 crores. His experience extends to managing overseas operations and handling key strategic financial functions, positioning him well to contribute to VTM Limited's financial management and growth objectives.

Corporate Governance Compliance

The appointment has been made as a Key Managerial Personnel (KMP) of the company, with full disclosure requirements met pursuant to Regulation 30 of the Listing Regulations. The company has confirmed that Mr. Kumar is not related to any of the Directors on the Board, ensuring independence in his role and maintaining corporate governance standards.