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Vishal Fabrics Ltd has submitted a clarification to BSE regarding the resignation of Mr. Jyotender Tiwari from the post of Manager (Marketing), a Senior Management Personnel (SMP) role. The original announcement was made on March 26, 2026, but BSE flagged a discrepancy noting that additional details as required under the SEBI Circular dated November 11, 2024 were missing. In response, the company has now furnished the complete disclosure, including the resignation letter from Mr. Tiwari, confirming his resignation is effective March 26, 2026, due to personal reasons and other commitments. The company has committed to a smooth handover. The disclosure is signed by Managing Director Brijmohan Chiripal.
This is a procedural compliance update with no material business impact. The resignation of a marketing manager is a routine senior management change, and the stock price is unlikely to be affected. Investors should note that the company's communication to the exchange was initially incomplete, though it has now been rectified.