V-Mart Retail Varin Agarwal as Head appointed
V-Mart Retail (VMART) said Varin Agarwal as Head has been appointed. The company is valued at about ₹5,709 crore.
What happened
In a filing with the NSE on 3 November 2026 at 05:06 PM, V-Mart Retail (VMART) said that Varin Agarwal as Head has been appointed.
From the filing: "V-Mart Retail Limited has informed the Exchange regarding Appointment of Mr Varin Agarwal as Head - Merchandising of the company w.e.f."
Company snapshot
V-Mart Retail is a small-cap company in the Consumer Services sector, with a market value of about ₹5,709 crore.
The stock last traded at ₹717.7, against a 52-week range of ₹457.9–₹882 (18.6% below the high).
Before this filing the shares had moved −2.1% over the month and −5.1% over three months. Average daily turnover over the last 20 sessions was about ₹5.48 crore.
Promoters held 44.15% at the end of Q1 FY27, down 0.05% points from the previous quarter. Foreign institutions owned 16.47% and domestic institutions 30.90%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 885 | 33.6 | 4.23 |
| Q2 FY26 | 807 | -8.9 | -1.12 |
| Q3 FY26 | 1,126 | 88 | 11.08 |
| Q4 FY26 | 971 | 11.3 | 1.49 |
| Q1 FY27 | 1,089 | 47.2 | 5.94 |
What history shows
BCEIE's records show 6 previous management change filings from the company since May 2026.
After those filings, the stock fell 0.6% on average the next trading day and was up 6.1% on average after five days (3 filings with price data).
Across 118 similar disclosures by other Consumer Services companies, shares moved +1.3% on average the next day and +1.4% over five days; 51% of them rose the next day.
Market-wide, 4,129 management change filings with an impact score of 50 or more saw an average next-day move of −0.1%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 24 Jul 2026 | Management change | −5.9% | +2.6% |
| 15 Jul 2026 | Disclosure Under Regulation 30 Of SEBI (Listing Obligations And… | −0.2% | +1.6% |
| 10 Jun 2026 | Management change | +4.2% | +14.2% |
What to watch
- The appointment of a successor and any change in strategy or guidance.
- 3 November 2026: Board meeting — Financial Results.
In the news
Recent coverage elsewhere (links open the original publisher):
- V-Mart Retail receives request for promoter group reclassification
- V-Mart Retail VMART: RTA KFin Technologies Office Change
- V-Mart Retail VMART Promoter Reclassification to Public Category
- V-Mart Retail Approves Q2 FY27 Results
- V-Mart Retail approves Q2 FY27 unaudited results and appoints new Head of Merchandising
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.