Vishal Mega Mart stock jumps 12% following CEO reappointment
Shares of Vishal Mega Mart climbed nearly 12% during Monday's trading session following the news that MD and CEO Gunender Kapur has been reappointed for another five-year term. Kapur is currently serving a three-year tenure that started on June 27, 2024, and is set to conclude on June 26, 2027. Pending approval from shareholders, his new term will span from September 1, 2026, through August 31, 2031.