V2 Retail Limited has informed the Exchange about change in Management
V2RETAIL · price
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Awaiting price reaction for this filing.
V2 Retail's Board has approved the re-appointment of Ms. Uma Agarwal as Whole-time Director for a further 5-year term, effective July 22, 2025, subject to shareholder approval at the upcoming AGM. Ms. Agarwal has over 17 years of retail industry experience and has served on the Board since the company's inception, currently overseeing marketing strategy. She is the wife of Managing Director Mr. Ram Chandra Agarwal and mother of Wholetime Director & CEO Mr. Akash Agarwal. The announcement is filed under SEBI Listing Regulations and includes standard director disclosures confirming she is not debarred from holding office by any authority.
This is a routine re-appointment of an existing promoter-family director, so it is unlikely to cause any meaningful stock price movement. It does, however, reinforce continuity of the promoter family's control over the company's leadership and strategy.