Shoppers Stop Limited — Others, 29-04-2025: Cessation

Shoppers Stop Limited's Board has approved the audited financial results for the quarter and financial year ended March 31, 2025, reporting a consolidated revenue from operations of ₹4,627.64 Cr and a net profit of ₹10.89 Cr. The Board has also accepted the retirement of Mr. B.S. Nagesh as Chairman, with Mr. Nirvik Singh being appointed as the new Non-Executive Chairman. Furthermore, M/s. Parikh & Associates have been appointed as Secretarial Auditors for a five-year term, pending shareholder approval. These changes reflect a strategic shift in leadership and governance.