Announced Tue, 21 Jul · 15:23 IST
IVG Trust acquires indirect promoter stake via internal restructuring
VADILALIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.2%1-day move
₹6775.00
prior close
₹6803.50
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.2———-0.2-0.2-0.8-0.1——————
Up moveDown movePending
AI summary
IVG Trust, a promoter group entity, acquired indirect stake in Vadilal Industries by receiving Mr. Virendrabhai Gandhi's entire shareholding in three promoter holding companies: VIPL (33.33%), VFCPL (30.23%), and Veronica Constructions (30.41%), under a SEBI Exemption Order dated 03.07.2026. Aggregate promoter holding stays unchanged at 64.72 percent and public holding remains at 35.28 percent.
Likely market impact
Internal promoter group reshuffle, likely succession or estate planning. No change in overall promoter or public shareholding of Vadilal Industries.