V2 Retail Limited has informed the Exchange regarding Appointment of Mr Ram Chandra Agarwal as Chairman & Managing Director of the company w.e.f. November 22, 2026.
V2RETAIL · price
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V2 Retail Limited's Board has approved the re-appointment of Mr. Ram Chandra Agarwal as Chairman and Managing Director for 5 years, effective November 22, 2026. The re-appointment is subject to shareholder approval at the ensuing AGM. Agarwal, a founding member of the company with over 30 years of retail experience, pioneered the value retailing concept in India and has received prestigious awards including the Ernst & Young Entrepreneur of the Year award in 2008. He belongs to the promoter family and is related to other KMPs on the board, including his wife Uma Agarwal (Whole Time Director) and son Akash Agarwal (Wholetime Director & CEO).
This re-appointment provides continuity in leadership at V2 Retail and ensures the promoter family remains in control of operations. No material change expected for shareholders as this is a routine re-appointment of an existing insider.