Announced Sat, 25 Jul · 19:10 IST
Founder Ravi Modi reappointed CMD for 5 years; Q1 profit up 15%
MANYAVAR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
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 reappointed founder and promoter Ravi Modi as Chairman and Managing Director for 5 years from Aug 28, 2026 to Aug 27, 2031. His spouse Shilpi Modi was also reappointed as Whole-time Director for the same term. Independent Director Manish Choksi received a second 5-year term. For Q1 FY27, revenue rose 7% to INR 3,013.65 million and profit after tax grew about 15% to INR 806.11 million versus same quarter last year. EPS stood at INR 3.32.
Likely market impact
Leadership continuity with promoter family at the helm. Q1 profit growth of about 15% year on year signals steady business momentum for shareholders.