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 significant management changes, the Board approved the appointment of Mr. Piyush Srivastava (DIN: 10775803) as an Additional Director and the Managing Director & Chief Executive Officer 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 an Engineering degree and an MBA, with over 25 years of experience in FMCG and Alco-Beverage sectors, including senior leadership roles at Pernod Ricard, PepsiCo, and Marico. The Board also approved the recommendation for shareholders' approval at the ensuing Annual General Meeting (AGM) to appoint M/s. Price Waterhouse Chartered Accountants LLP as the new Statutory Auditors for a term of five consecutive years, commencing from the conclusion of the 95th AGM until the conclusion of the 100th AGM. This follows the retirement of the current auditors, M/s. BSR & Associates, LLP, upon completion of their second five-year term. The financial results for the quarter ended December 31, 2025, showed a Total Revenue from Operations (Gross) of ₹49,185 Lakhs, an increase from ₹47,055 Lakhs in the corresponding quarter of the previous year. Profit Before Tax for the quarter was ₹8,109 Lakhs, compared to ₹16,563 Lakhs in the same period last year, which included an exceptional item of ₹10,049 Lakhs. Profit After Tax for the quarter stood at ₹6,023 Lakhs, down from ₹13,626 Lakhs in the prior year's quarter. The Board Meeting commenced at 10:45 a.m. and concluded at 1:30 p.m.
