HOME > MARKETS > MARKET COMMENTARY
  MARKET COMMENTARY
EQUITY
Vishal Mega Mart informs about change in management
Mar-12-2026
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (SEBI Listing Regulations), and further to communication dated November 13, 2025 regarding the appointment of Sambit Swain as General Counsel - Legal & Compliance of the Company to strengthen the legal and compliance functions of the Company, Vishal Mega Mart has informed that Kuldeep Sharma, Vice President-Legal & Compliance (designated as Senior Management Personnel), had tendered his resignation from the services of the Company due to personal reasons, on July 23, 2025 and he has been relieved from his duties effective March 11, 2026. A copy of Resignation is attached as Annexure-I. Sambit Swain, General Counsel -Legal & Compliance of the Company, will oversee the legal and compliance functions of the Company. His brief profile is reproduced herein again for reference. Sambit Swain brings over 16 years of extensive and multifaceted experience in the legal domain, encompassing corporate law, litigation, regulatory, data privacy, and strategic advisory functions. He most recently served as Director (Legal) at Coca-Cola India, where he played a pivotal role in shaping the organization’s legal strategy and safeguarding its interests. Prior to Coca-Cola, he has been associated with Reckitt Benckiser India, McKinsey & Company, HDFC Ltd., and S. N. Gupta & Co. He holds an LL.M. degree from Jindal Global Law School and an LL.B. degree from Amity Law School (Guru Gobind Singh Indraprastha University). The detailed disclosure as required under Regulation 30 of the SEBI Listing Regulations read with the SEBI Master Circular dated January 30, 2026, is attached as Annexure-II. 

The above information is a part of company’s filings submitted to BSE.
  RELATED NEWS >>