Dilip G. Piramal has Submitted to the Exchange a copy of Disclosure under Regulation 31(4) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.
VIPIND · price
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Dilip G. Piramal, on behalf of himself and other promoters of VIP Industries Limited, has submitted a nil disclosure to the exchanges confirming that no encumbrance (pledge) was created on the company's shares during the Financial Year ending 31st March, 2026. The disclosure covers 10 promoter entities including DGP Securities Limited, Piramal Vibhuti Investments Limited, Kiddy Plast Ltd., Kemp & Company Ltd., Alcon Finance & Investments Private Limited, DGP Enterprise Private Limited, and individual promoters Mr. Dilip Piramal, Ms. Radhika D. Piramal, Ms. Aparna Piramal Raje, and Ms. Shalini D. Piramal. The filing also notes that Alcon Finance and Investments Limited underwent a conversion from public to private limited company effective 30th January 2026, with the name change in the Demat account still under process.
This is a positive disclosure for shareholders as it confirms promoters have not pledged their shares, reducing the risk of forced selling or potential dilution of promoter stake through encumbrance. The nil declaration under Regulation 31(4) provides transparency on promoter holdings.