VST Industries Limited announced the outcome of its Board Meeting held on January 29, 2026. The Board approved the unaudited financial results for the quarter and nine months ended December 31, 2025. In a significant management change, the Board approved the appointment of Mr. Piyush Srivastava (DIN: 10775803) as an Additional Director and the Managing Director & Chief Executive Officer of the Company for a period of 5 years, effective March 2, 2026. This appointment is subject to shareholder approval via postal ballot. Mr. Srivastava, aged 51, holds a Bachelor's degree in Engineering and an MBA, with over 25 years of experience in the FMCG and Alco-Beverage sectors, including senior leadership roles at Pernod Ricard, PepsiCo, and Marico. He is not related to any of the Company's directors and is not debarred from holding a director's office by any SEBI order. The Board also approved and recommended for shareholder approval at the upcoming 95th Annual General Meeting, the appointment of M/s. Price Waterhouse Chartered Accountants LLP as the new Statutory Auditors. They will serve for a term of five consecutive years, commencing from the conclusion of the 95th AGM until the conclusion of the 100th AGM, replacing the current auditors, M/s. BSR & Associates, LLP, who are completing their second five-year term. The Board meeting commenced at 10:45 a.m. and concluded at 1:30 p.m.
