Our Company was originally incorporated as ‘Rishanth Wholesale Trading Private Limited’ at Gurugram as a private limited company under the Companies Act 2013 pursuant to a certificate of incorporation dated March 27 2018 issued by the RoC. Subsequently the name ‘Rishanth Wholesale Trading Private Limited’ was changed to ‘Vishal Mega Mart Private Limited’ and a fresh certificate of incorporation was issued by the RoC on May 28 2020. Subsequently our Company was converted to a public limited company and the name of our Company changed to ‘Vishal Mega Mart Limited’ pursuant to a Shareholders’ resolution dated April 26 2024 and a fresh certificate of incorporation dated May 10 2024 was issued by the RoC.Major Events and Milestones:2017- Crossed revenue of ? 20000 million with 195 stores running2018- Achieved majority of sales from own brands in apparels and accelerated share of own brands in general merchandise and FMCG segments- Expanded our operations in southern India2020- Received the NCPDEP – Mindtree Hellen Keller Award- Crossed revenue of ? 50000 million with more than 350 stores running2022- Inaugurated its 500th store in India and the spread of our stores reached to more than 300 cities- Launched E-commerce/ Omni-channel Platform and Vishal Mega Mart Mobile Application operated by our Material Subsidiary2023- Crossed an aggregate of 10 million square feet of retail space2024- Recognized as “Best Loyalty Programme of the Year - Food Retail and Non Food Retail” at the International Loyalty Awards 2023- “Regional Winner Asia including the Indian sub-continent and all areas East” at the International Loyalty Awards 2023- Awarded Gold at Singapore’s Loyalty and Engagement Awards 2023 in the category “Best Loyalty Strategy –Retail”.- Excellence in Value Retail – Bringing Societal Change through Advertising” at the Jagran Achiever Awards 2023- Inaugurated its 600th store in India and the spread of our stores reached to nearly 400 cities- Became debt-free after repaying term loans taken for operational purposes
| Name | Position |
|---|---|
| Ms. Neha Bansal | Chairperson & Independent Director |
| Mr. Gunender Kapur | Managing Director & CEO |
| Ms. Soumya Rajan | Independent Director |
| Mr. Sanjeev Aga | Non Executive Director |
| Mr. Nishant Sharma | Non Executive Director |