Vishal Mega Mart is a hypermarket chain that sells a wide range of products like apparel, groceries, electronics, and home essentials.Business Profile Vishal Mega Mart Limited (formerly Rishanth Wholesale Trading Pvt Ltd) is a diversified retail company catering to middle and lower-middle-income groups in India. It offers products under three...
Vishal Mega Mart Limited has informed the Exchange about change in Management
Vishal Mega Mart's subsidiary received a ₹0.025 Cr penalty for a food safety violation concerning a third-party product. The company expects to recover the amount from the manufacturer, indicating no material financial impact.
Vishal Mega Mart will hold its Annual General Meeting (AGM) via video conference. The company informed shareholders how to access the FY2025-26 Annual Report online and urged them to update their KYC details.
Vishal Mega Mart's FY26 BRSR shows permanent employee count at 21,913, with turnover at 84%. Safety improved significantly (LTIFR 0.08). The company increased local sourcing to 85% and implemented solar energy at 11 facilities, fostering job growth in smaller towns.
VMM's subsidiary received a court order to pay ₹2.68 Cr for past rent/GST and vacate a retail store. The order also includes a claim for ₹0.02 Cr/day in mesne profits. The company plans to appeal.
