Change in Management

VISHAL MEGA MART LIMITED (Formerly known as Vishal Mega Mart Private Limited) Corporate & Regd. Office: 5th Floor, Platinum Tower, Plot No. 184 Udyog Vihar, Phase – 1, Gurugram, Haryana-122016, India. Phone: +91-124-4980000 Fax: +91-124-4980001 Email: secretarial@vishalwholesale.co.in, Website: www.aboutvishal.com CIN: L51909HR2018PLC073282 Date: September 19, 2026 To To National Stock Exchange of India Ltd., BSE Limited Exchange Plaza, C-1, Block G, Bandra Kurla Phiroze Jeejeebhoy Towers, Complex, Bandra (E), Mumbai – 400 051 Dalal Street, Mumbai – 400001 NSE Scrip Symbol: VMM Scrip Code: 544307 Dear Sir/ Madam, Subject: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations’) Pursuant to Regulation 30 read with Schedule III to the SEBI Listing Regulations, as amended, SEBI Master Circular dated January 30, 2026 (‘SEBI Master Circular’), and further to our letters dated July 23, 2026 and August 21, 2026, we wish to inform you that the members of Vishal Mega Mart Limited (‘the Company’) at the 8th Annual General Meeting (‘AGM’) held on September 18, 2026, based on the report of the Scrutinizer, have, inter alia, considered and approved the following businesses: 1. Re-appointment of Ms. Neha Bansal (DIN: 02057007) as Non-Executive Independent Director of the Company for second term of 1 (one) year commencing from September 23, 2026, up to and including September 22, 2027. Further, she is not debarred from holding office of Director by virtue of any SEBI Order or any other authority. The details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular dated January 30, 2026, are enclosed as Annexure-A. 2. Re-appointment of Mr. Gunender Kapur (DIN: 01927304) for a tenure of 5 (five) years with effect from September 01, 2026, up to and including August 31, 2031 and his re-designation as Founder, Managing Director & Chief Executive Officer of the Company. Further, he is not debarred from holding office of Director by virtue of any SEBI Order or any other authority. The details as required under Regulation 30 of the SEBI Listing Regulations read with SEBI Master Circular dated January 30, 2026, are enclosed as Annexure-B. The above information will also be hosted on the website of the Company, i.e., https://aboutvishal.com/ . The AGM commenced at 12:00 Noon (IST) and concluded at 12:51 P.M. (IST). VISHAL MEGA MART LIMITED (Formerly known as Vishal Mega Mart Private Limited) Corporate & Regd. Office: 5th Floor, Platinum Tower, Plot No. 184 Udyog Vihar, Phase – 1, Gurugram, Haryana-122016, India. Phone: +91-124-4980000 Fax: +91-124-4980001 Email: secretarial@vishalwholesale.co.in, Website: www.aboutvishal.com CIN: L51909HR2018PLC073282 You are kindly requested to take the same on record. Thanking you. For Vishal Mega Mart Limited Rahul Luthra Company Secretary & Compliance Officer ICSI Membership No: F9588 Encl.: As above VISHAL MEGA MART LIMITED (Formerly known as Vishal Mega Mart Private Limited) Corporate & Regd. Office: 5th Floor, Platinum Tower, Plot No. 184 Udyog Vihar, Phase – 1, Gurugram, Haryana-122016, India. Phone: +91-124-4980000 Fax: +91-124-4980001 Email: secretarial@vishalwholesale.co.in, Website: www.aboutvishal.com CIN: L51909HR2018PLC073282 Annexure-A Information as required under Regulation 30 – Para A of Part A of Schedule III to the SEBI Listing Regulations read with SEBI Master Circular dated January 30, 2026 – Re- appointment of Ms. Neha Bansal (DIN: 02057007) as Non-Executive Independent Director of the Company Sl. Particulars Details 1 Reason for change viz. Re-appointment appointment, re- appointment, resignation, removal, death or otherwise 2 Date of Members of the Company at the 8th Annual General Meeting appointment/re- (‘AGM’) of the Company held on September 18, 2026, appointment/cessation approved the re-appointment of Ms. Neha Bansal (DIN: (as applicable) & term 02057007) as Non-Executive Independent Director of the of appointment/re- Company for second term of 1 (one) year commencing from appointment September 23, 2026, up to and including September 22, 2027. 3 Brief profile (in case of Ms. Neha Bansal holds a Bachelor’s degree in Commerce appointment) (Honours) from Gargi College, University of Delhi. She is a member of the Institute of Chartered Accountants of India and has successfully completed the Valuation Course and the Post Qualification Course in Information Systems Audit conducted by the Institute of Chartered Accountants of India. She has over 18 years of experience in finance and business administration. She is the Co-Founder of Lenskart and was previously associated with Vinod Kumar and Associates. 4 Disclosure of She is not related to any of the Directors of the Company. relationships between directors (in case of appointment of a director) VISHAL MEGA MART LIMITED (Formerly known as Vishal Mega Mart Private Limited) Corporate & Regd. Office: 5th Floor, Platinum Tower, Plot No. 184 Udyog Vihar, Phase – 1, Gurugram, Haryana-122016, India. Phone: +91-124-4980000 Fax: +91-124-4980001 Email: secretarial@vishalwholesale.co.in, Website: www.aboutvishal.com CIN: L51909HR2018PLC073282 Annexure-B Information as required under Regulation 30 – Para A of Part A of Schedule III to the SEBI Listing Regulations read with SEBI Master Circular dated January 30, 2026 – Re-appointment of Mr. Gunender Kapur (DIN: 01927304) for a tenure of 5 years with effect from September 01, 2026 and redesignated as Founder, Managing Director & Chief Executive Officer of the Company Sl. No. Particulars Details 1 Reason for change Re-appointment viz. appointment, re- appointment, resignation, removal, death or otherwise 2 Date of Members of the Company at the 8th Annual General Meeting appointment/re- (‘AGM’) of the Company held on September 18, 2026, approved appointment/cessati the re- appointment of Mr. Gunender Kapur (DIN: 01927304) for on (as applicable) & a tenure of 5 (five) years with effect from September 01, 2026, up term of to and including August 31, 2031 and his re-designation as appointment/re- Founder, Managing Director & Chief Executive Officer of the appointment Company. 3 Brief profile (in case Mr. Gunender Kapur holds a bachelor’s degree in engineering with of appointment) honours from the Birla Institute of Technology and Science and a master’s degree in business administration from the University of Delhi. He has over 42 years of experience in management and investment in the consumer and retail sectors. Previously, he was associated with Hindustan Lever Limited, Unilever Nigeria, Reliance Industries Limited and TPG Capital. 4 Disclosure of He is not related to any of the directors of the Company. relationships between directors (in case of appointment of a director)