Vedant Fashions Appoints 2 Independent Directors, Sets AGM for Sep 28, Declares Dividend
Vedant Fashions appointed Mr. Nihir Parikh and Ms. Neetu Kashiramka as Non-Executive Independent Directors for five-year terms. The 24th AGM is scheduled for September 28, 2026. The company also announced a record date of September 21, 2026, for its final dividend for FY2025-26.
The appointment of new directors with significant experience can positively influence strategic decisions and governance. The dividend declaration is also a positive signal to shareholders.
The appointment of experienced independent directors and the declaration of a dividend are positive developments for the company.
Vedant Fashions Limited announced key outcomes from its Board Meeting held on September 02, 2026. The Board approved the appointment of Mr. Nihir Parikh and Ms. Neetu Kashiramka as Additional Directors, designated as Non-Executive Independent Directors for a term of five years, subject to shareholder approval at the upcoming Annual General Meeting (AGM).
Mr. Parikh, with extensive experience in consumer technology, e-commerce, and retail, previously served as CEO of Nykaa Fashion and NykaaMan. Ms. Kashiramka, a Chartered Accountant with over 28 years of experience in finance and business leadership, was formerly the Managing Director and CFO of VIP Industries Limited. Both appointees are independent and not related to existing directors or promoters.
Following these appointments, the Board also approved the reconstitution of its committees. Ms. Neetu Kashiramka will chair the Audit Committee, while Mr. Nihir Parikh will be a member of the Nomination and Remuneration Committee.
The company also announced that Mr. Tarun Puri will complete his tenure as an Independent Director on September 05, 2026, and the Board expressed its appreciation for his contributions.
The 24th AGM for the Financial Year 2025-26 is scheduled for Monday, September 28, 2026, to be held through Video Conferencing. The cut-off date for determining voting rights for the AGM and remote e-voting is Monday, September 21, 2026.
Furthermore, the Board has recommended a Final Dividend for the Financial Year ended March 31, 2026. The record date for determining entitlement to this dividend is Monday, September 21, 2026, with the payment expected on or after September 29, 2026, if approved at the AGM.
A plain-language summary of a public exchange filing by Vedant Fashions Limited. Read the original for the full detail.