IVG Trust restructures promoter group holdings in Vadilal Industries
VADILALIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
IVG Trust, a Vadilal Industries promoter group entity, received Mr. Virendrabhai Gandhi's direct stakes in three promoter group companies: 33.33% in VIPL, 30.23% in VFCPL, and 30.41% in Veronica. These three companies together hold about 47% of Vadilal Industries (VIPL 39.09%, VFCPL 4.57%, Veronica 3.40%). Aggregate promoter holding in Vadilal stays unchanged at 64.72%. The transfer was made under a SEBI exemption order dated 03.07.2026 as an internal restructuring, with no change in promoter shareholding of the listed company.
Internal promoter group restructuring only. No change in aggregate promoter holding of 64.72% in Vadilal. Neutral for shareholders and stock price.