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Management change

Vishal Mega Mart Ashok Revathy as Non appointed

Vishal Mega Mart (NSE: VMM) said Ashok Revathy as Non has been appointed. The company is valued at about ₹39,540 crore.

BCEIE News Desk · Published 30 Oct 2026, 05:49 pm IST · Filing received 30 Oct 2026, 05:33 pm IST

What happened

Vishal Mega Mart (NSE: VMM) informed the stock exchanges on 30 October 2026 at 05:33 PM that Ashok Revathy as Non has been appointed.

From the filing: "Vishal Mega Mart Limited has informed the Exchange regarding Appointment of Ms."

Company snapshot

Vishal Mega Mart is a mid-cap company in the Consumer Services sector, with a market value of about ₹39,540 crore.

The stock last traded at ₹84.4, against a 52-week range of ₹84.64–₹147.4 (42.7% below the high).

Before this filing the shares had moved −14.1% over the month and −19.7% over three months. Average daily turnover over the last 20 sessions was about ₹118 crore.

Promoters held 40.02% at the end of Q2 FY27, down 0.07% points from the previous quarter. Foreign institutions owned 18.75% and domestic institutions 36.45%.

Quarterly results (consolidated, ₹ crore)
QuarterRevenueNet profitEPS (₹)
Q2 FY262,981152.30.33
Q3 FY263,670312.90.67
Q4 FY263,114167.90.36
Q1 FY273,727258.80.55
Q2 FY273,399157.90.34

What history shows

This is not the company's first management change disclosure: BCEIE has at least 12 earlier filings of this kind on record since May 2026.

After those filings, the stock gained 2.4% on average the next trading day and was up 1.8% on average after five days (10 filings with price data).

Across 108 similar disclosures by other Consumer Services companies, shares moved +1.3% on average the next day and +1.7% over five days; 53% of them rose the next day.

Market-wide, 4,059 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.

Earlier filings of this kind
DateFilingNext day5 days
19 Sept 2026Change in Director(s) of the company.+1.3%—
19 Sept 2026Change in Management+1.3%—
11 Sept 2026Resignation of Director/KMP/SMP−1.6%−0.1%
11 Sept 2026Change in Management−1.6%−0.1%
21 Aug 2026Management change+8.8%+7.0%

What to watch

  • The appointment of a successor and any change in strategy or guidance.

In the news

Recent coverage elsewhere (links open the original publisher):

Source

Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.

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