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.
What happened
Pre-market roundup: Vishal Mega Mart names Sashi Gumma COO; ABFRL advances Suraj Bahirwani as Pantaloons CEO from Aug 2026; Devyani-Sapphire scheme cleared;
Key facts
- GMR domestic traffic +7.9% YoY
- GMR 20.4 million passengers
- Jubilant FoodWorks Rs 19 cr Sri Lanka investment
- ABFRL Pantaloons CEO transition Aug 1 2026
- SJS Bengaluru property sale Rs 58.5 cr
Why this matters
Leadership churn at Vishal Mega Mart and Pantaloons, alongside Devyani-Sapphire scheme clearance and Jubilant's Sri Lanka entry, opens a window for partnership outreach, talent poaching, and opportunistic M&A conversations across Indian retail.