Vishal Fabrics Limited announced that the Board of Directors of the company at their meeting held on May 19, 2022 and on the basis of recommendation made by Nomination & Remuneration Committee of Company, has approved the appointment of Mr. Vinay Thadani, as Chief Executive Officer (CEO) of the company also designated as Key Managerial Personnel of the company in terms of Section 203 of Companies Act, 2013 and rules made thereunder read with Listing Regulations with effect from May 19, 2022. Mr. Vinay Thadani is a fellow member of the Institute of Chartered Accountants of India having experience of Practicing Chartered Accountant for initial 4 1/2 years working in areas of Debt Syndication, Audit and Tax planning, after that in 2017 he joined the Group as CFO & COO of the Company.