V-Mart Retail Limited — Others, 21-01-2025: Cessation

V-Mart Retail has confirmed that Mr. Murli Ramachandran and Ms. Sonal Mattoo have completed their terms as Independent Directors, effective from the close of business hours. Their contributions since their appointments in January 2015 have been acknowledged by the Board and Management. This change in the Board's composition may open opportunities for new perspectives and governance strategies but also creates a transition phase that requires careful management to ensure continuity. Investor sentiment may see a neutral impact as the company evaluates potential new appointees while maintaining operational stability.