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.
On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 0.8 pts more than its Dairy Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
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.
Internal promoter group reshuffle, likely succession or estate planning. No change in overall promoter or public shareholding of Vadilal Industries.