24 Sep 2025 | 5 Mins Read

VIP Industries' MD resigns, successor approved by the board

Flipitmoney

VIP Industries' board approved MD Neetu Kashiramka's resignation, effective October 31, 2025. Atul Jain, an IIT Delhi and IIM Calcutta alumnus, is appointed as new MD for a five-year period, ending September 22, 2030. Kashiramka had outlined ambitious plans, including increasing market share to 45% and elevating Carlton brand's revenue to ₹500 crore.