Shoppers Stop Limited — Important, 28-03-2025: General Updates

Mr. Rajan Sharma has resigned as Customer Care Associate and Chief of Private Brands at Shoppers Stop, effective March 31, 2025, to pursue better career opportunities. His departure marks a notable change in senior management, as he has played a key role in shaping the company's private brand strategy. This transition may prompt a reevaluation of Shoppers Stop's branding and customer engagement strategies. Investor sentiment could remain cautious as the company navigates this leadership shift, facing both potential risks in retaining brand momentum and opportunities for fresh strategic directions moving forward.