EGM approves 12-month agreement with Vadilal Industries
VADILENT · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.5 pts less than its Dairy Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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At the EGM on 27 October 2026, shareholders approved a 12-month 2026 agreement with related party Vadilal Industries Limited. All 52,736 votes polled were in favour and none against, giving 100% approval. The votes came from 31 public non-institutional shareholders, while promoters did not vote. Participation was low: the votes represented just 0.0588% of 862,668 outstanding shares.
The deal can proceed, but low participation and related-party terms mean the approval offers limited reassurance and may keep investors cautious.