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V-Mart Retail Limited has announced a board meeting for its 23rd Annual General Meeting to adopt the financial results for the quarter and half-year ending March 31, 2025. Key agenda items include the re-appointment of Mr. Lalit Agarwal as director, and revisions in remuneration for senior executives: Mr. Varin Agarwal’s annual pay may increase up to Rs. 60 lakh, reflecting his role in business diversification; Mr. Lalit Agarwal’s salary is revised to Rs. 142 lakh with increments and commission capped at Rs. 300 lakh annually; Mr. Madan Gopal Agarwal’s basic salary is set at Rs. 47 lakh with commission up to Rs. 100 lakh. The company also seeks approval to pay commission (up to 1% of net profits) to Non-Executive Directors for three years. Additionally, M/s Agarwal S. & Associates has been appointed secretarial auditor for five years. These changes align with the company’s growth strategy and governance enhancements, impacting executive compensation and oversight.