Vishal Mega Mart Reappoints Gunender Kapur As MD & CEO; And Neha Bansal As Independent Director

Vishal Mega Mart Limited has reappointed Gunender Kapur as Managing Director and Chief Executive Officer (MD & CEO) for a five-year tenure from September 1, 2026, to August 31, 2031. His designation has been revised to Founder, Managing Director & CEO.

The company also reappointed Neha Bansal as Non-Executive Independent Director for a second term of one year, effective from September 23, 2026. Both appointments were approved by the company’s members at AGM held on September 18, 2026.

Gunender Kapur 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. He 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.

Neha Bansal is a member of the Institute of Chartered Accountants of India (ICAI), and has successfully completed the Valuation Course and the Post Qualification Course in Information Systems Audit conducted by ICAI. 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. She holds a Bachelor’s degree in Commerce (Honours) from Gargi College, University of Delhi.

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