V-Mart Retail Limited announced the resignation of Syed Ali Athar, Vice President of Skill Development and Training, effective from the close of business hours on November 8, 2025. This decision follows a formal resignation letter submitted by Athar on October 10, 2025, in which he expressed his intention to leave the company in order to pursue personal opportunities. The company has communicated this change in management to both the National Stock Exchange of India and the Bombay Stock Exchange, fulfilling regulatory requirements under SEBI Listing Regulations.

In the resignation letter, Athar reflected on his time at V-Mart, acknowledging the support and guidance he received while working alongside dedicated teams on various impactful initiatives. His departure marks a significant transition within the company's senior management team, although the specific details of his future endeavors remain undisclosed. V-Mart has assured that the resignation will be recorded in compliance with regulatory standards, including providing comprehensive details as required by the SEBI guidelines.

As V-Mart moves forward without Athar, the company may seek to fill the vacancy in order to continue its focus on skill development and corporate social responsibility initiatives. The impact of this leadership change on V-Mart's operations and strategic direction will be closely monitored by investors and analysts, particularly given the rising emphasis on corporate governance and management stability in the retail sector.