Intimation about cessation of Senior Management Personnel
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Vishal Fabrics Ltd has informed BSE that Mr. Rajneesh Garg has resigned from his role as General Manager (Marketing) and Senior Management Personnel (SMP), effective March 24, 2026. The resignation is cited as being due to personal reasons and other commitments. Mr. Garg is classified as SMP under SEBI LODR Regulation 16(1)(d), which is a tier below Key Managerial Personnel (KMP). The intimation, signed by Managing Director Brijmohan Chiripal, includes the standard disclosure annexure as required under Regulation 30. Vishal Fabrics is part of the Chiripal Group and is listed on BSE (Scrip Code: 538598).
This is a mid-to-senior marketing-level exit rather than a CEO/CFO departure, so material impact on the stock is unlikely. However, investors should watch for timely appointment of a replacement to ensure continuity in the company's sales and marketing function.