Announced Sat, 25 Jul · 19:12 IST
Board approves Q1 results, re-appoints promoter directors and independent director
Management Changes View source PDF
MANYAVAR · price
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Price reaction · full curve 14 horizons · vs prior close
—1-day move
₹403.15
prior close
₹412.90
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-1.9-1.6-1.4-2.2——————————
Up moveDown movePending
AI summary
Vedant Fashions reported Q1 FY27 revenue of INR 3,013.65 million, up 7.2 percent YoY. Net profit rose 14.7 percent to INR 806.11 million with EPS of INR 3.32. Board re-appointed founder-promoter Ravi Modi as Chairman and Managing Director and his spouse Shilpi Modi as Whole-time Director, both for 5 years from Aug 28, 2026. Independent director Manish Choksi re-appointed for second 5-year term from Sep 6, 2026. All re-appointments subject to shareholder approval.
Likely market impact
Steady Q1 growth and board continuity at promoter-led company; re-appointments pending shareholder vote at AGM.