Vedant Fashions Limited informed that based on the recommendation of the Nomination and Remuneration Committee, the Board of Directors of the Company, on September 03, 2023, approved the redesignation of Mr. Vedant Modi, Chief Marketing Officer, as the "Chief Revenue Officer" With effect from 4 September 2023 and the appointment of Mr. Anand Narang as the "Chief Marketing & Digital Officer" of the Company, forming part of the Senior Management of the Company with effect from 4 September 2023. The details required under Regulation 30 of the SEBI Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, is given in the enclosed Annexure A. Mr. Narang holds a Bachelor of Engineering degree from Punjab Engineering College.

Following that, he completed his Masters in Business Administration (MBA) from MDI Gurgaon and also pursued an Advanced Executive Education Program at INSEAD, France. He brings with him a rich experience of 25 years in managing businesses as a member of business leadership teams with brands such as Bata, Nokia, Jio, Huawei, Comverse, and Airtel, holding various roles across category management, marketing, e-commerce, retail, sales, GTM, and product management. During his global and country stints in Europe (UK, Denmark, Finland), China & India, he has managed diverse categories encompassing Luxury & Premium (smartphones, footwear), Fashion (sneakers, apparel, lifestyle footwear), Telecom & Digitalservices (music, healthcare, education, business) within the Retail, E-commerce, CPG, and Tech sectors.