Vishal Mega Mart names new COO; ABFRL lines up Pantaloons CEO succession for Aug 2026

Pre-market roundup signals a leadership reshuffle across Indian retail: Vishal Mega Mart appoints Sashi Gumma as COO, while Aditya Birla Fashion advances Suraj Bahirwani as next Pantaloons CEO from August 2026. Devyani-Sapphire scheme clearance and Jubilant's Rs 19 cr Sri Lanka bet round out the corporate action slate.

— Filed Tue, 16 Jun, 2026, 06:30 IST · Source NDTV Profit · Updated

Pre-market roundup: Vishal Mega Mart names Sashi Gumma COO; ABFRL advances Suraj Bahirwani as Pantaloons CEO from Aug 2026; Devyani-Sapphire scheme cleared; Jubilant FoodWorks invests Rs 19 cr in Sri Lanka arm; GMR Airports posts 7.9% domestic traffic growth.

Why this matters

COO appointment follows Vishal Mega Mart's 22-25% sales growth leadership in Quest portfolio and comes amid the $31B IPO lock-in unlock window opening PE/VC exit pathways.

Leadership signals steady at 249 in the past 90 days across Indian retail.