Outcome of Board Meeting

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: August 21, 2026 National Stock Exchange of India Ltd., BSE Limited To To 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: Outcome of Board Meeting held on August 21, 2026 in terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 Pursuant to Regulation 30 and other applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), as amended, we wish to inform you that the board of directors (“Board of inter alia Directors”) of Vishal Mega Mart Limited (“the Company”) at its meeting held today, i.e. August 21, 2026, has, , considered the following: 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: Mr. Gunender Kapur was appointed as the Managing Director & Chief Executive Officer of the Company for a period of three years with effect from June 27, 2024. His existing term of three years is due to expire on June 26, 2027. Based on recommendations of the Nomination & Remuneration Committee of the Board and subject to the approval of shareholders of the Company, the Board has approved the re- ‘Founder, appointment of Mr. Gunender Kapur (DIN: 01927304) for a period of five years commencing Managing Director & Chief Executive Officer’ from September 01, 2026 up to and including August 31, 2031 and redesignated as 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 Listing Regulations read with SEBI Master Annexure-A Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are enclosed as . The meeting commenced at 07.45 P.M. (IST), and concluded at 07.59 P.M. (IST). The above information will also be hosted on the website of the Company, i.e., https://aboutvishal.com/. 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. 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 Listing Regulations read with SEBI Master Circular No. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 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. Particulars Details 1 Reason for change viz. Re-appointment of Mr. Gunender Kapur (DIN: appointment, re-appointment, 01927304) for a tenure of 5 years with effect from resignation, removal, death or September 01, 2026 and redesignated as Founder, otherwise Managing Director & Chief Executive Officer of the Company 2 Date of appointment/re- Based on recommendations of the Nomination & appointment/cessation (as Remuneration Committee of the Board and subject applicable) & term of to the approval of shareholders of the Company, appointment/re-appointment the Board has approved the re-appointment of Mr. Gunender Kapur (DIN: 01927304) for a period of five years commencing from September 01, 2026 up to and including August 31, 2031 and redesignated as ‘Founder, Managing Director & Chief Executive Officer’ of the Company. 3 Brief profile (in case of Mr. Gunender Kapur holds a bachelor’s degree in appointment) engineering with 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 PLC, Reliance Industries Limited and TPG Capital. 4 Disclosure of relationships He is not related to any of the Directors of the between directors (in case of Company. appointment of a director)