The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for DGP Securities Ltd & Others
VIPIND · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.2 pts less than Nifty Microcap 250 and 1.9 pts less than its Plastic Products - Consumer 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.
The promoter group of VIP Industries (Dilip Piramal and persons acting in concert) sold shares worth roughly 3.7 crore equity shares (about 26% of total capital) through the open market on 24th December 2025. Five promoter entities — DGP Securities, Piramal Vibhuti Investments, Kiddy Plast, Kemp & Company, and Alcon Finance & Investments — each pared their holdings sharply, reducing them to a nominal 10,000 shares each. As a result, the combined promoter group stake collapsed from approximately 43.2% to about 17.1% of the company. The disclosure was filed by all five entities separately under Regulation 29(2) of SEBI SAST Regulations, triggered because each entity sold more than 2% of the voting capital.
This is a very negative signal — promoters collectively exiting to such an extent signals loss of confidence and is likely to weigh heavily on the stock. A drop of ~26 percentage points in promoter holding increases the float available in the market and usually triggers sharp short-term price declines along with re-rating concerns about governance and strategic direction.