Please find attached disclosure. Pursuant to Regulation 30, read with Para A Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements), 2015 ("SEBI Listing Regulations"), ....
VIPIND · price
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On the reaction day the stock moved 0.3 pts less than Nifty Microcap 250 and 0.3 pts more than its Plastic Products - Consumer peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Mr. Ashitosh Sheth has tendered his resignation from the positions of Company Secretary, Compliance Officer (Key Managerial Personnel), and Nodal Officer at VIP Industries Ltd, effective from the close of business hours on May 4, 2026. The stated reason is to pursue an alternate career opportunity outside the organization, with no material reasons cited beyond that. As a result of his resignation from the Company Secretary role, he has also ceased to be classified as a Key Managerial Personnel under SEBI Listing Regulations. The company has indicated it is in the process of identifying and hiring a suitable replacement and will inform stock exchanges once the vacancy is filled.
The departure of a KMP creates a compliance gap that the company needs to address promptly. Until a replacement is appointed, the company may face increased regulatory scrutiny regarding disclosure obligations. Investors should monitor for timely appointment of a new Company Secretary.