Nature of change: Reappointment as Non-Executive Independent Director
Name and DIN: Ms. Neha Bansal (DIN: 02057007)
Effective date and tenure: Second term of 1 year commencing from September 23, 2026, up to and including September 22, 2027
Brief profile: Holds a Bachelor's degree in Commerce (Honours) from Gargi College, University of Delhi. Member of the Institute of Chartered Accountants of India. Has successfully completed the Valuation Course and the Post Qualification Course in Information Systems Audit conducted by the Institute of Chartered Accountants of India. Has over 18 years of experience in finance and business administration. Co-Founder of Lenskart and previously associated with Vinod Kumar and Associates.
Confirmation of eligibility: Not debarred from holding office of Director by virtue of any SEBI Order or any other authority.
Relationship with other directors: Not related to any of the Directors of the Company.
Reappointment and Re-designation of Mr. Gunender Kapur
Nature of change: Reappointment and re-designation as Founder, Managing Director & Chief Executive Officer
Name and DIN: Mr. Gunender Kapur (DIN: 01927304)
Effective date and tenure: Tenure of 5 years with effect from September 1, 2026, up to and including August 31, 2031
Brief profile: Holds a bachelor's degree in engineering with honours from the Birla Institute of Technology and Science and a master's degree in business administration from the University of Delhi. Has over 42 years of experience in management and investment in the consumer and retail sectors. Previously associated with Hindustan Lever Limited, Unilever Nigeria, Reliance Industries Limited and TPG Capital.
Confirmation of eligibility: Not debarred from holding office of Director by virtue of any SEBI Order or any other authority.
Relationship with other directors: Not related to any of the directors of the Company.
4. Any Other Material Information
The reappointments were approved by members at the 8th Annual General Meeting held on September 18, 2026.
The AGM commenced at 12:00 Noon (IST) and concluded at 12:51 P.M. (IST).
The disclosure is made pursuant to Regulation 30 read with Schedule III to the SEBI Listing Regulations, as amended, SEBI Master Circular dated January 30, 2026.
The information will be hosted on the company website: https://aboutvishal.com/
