Acquisitions18 Jul 2025, 12:38 pm
Multiples Private Equity Funds to Acquire up to 26.00% Stake in V.I.P. Industries Limited for INR 1,437.78 Crore
AI Summary
Multiples Private Equity Fund IV and Multiples Private Equity Gift Fund IV, along with other parties, have announced an open offer to acquire up to 26.00% of the expanded share capital of V.I.P. Industries Limited at a price of INR 388.00 per equity share. The offer is valued at INR 1,437.78 crore and is made in compliance with SEBI regulations.
Key Highlights
- Multiples Private Equity Fund IV and Multiples Private Equity Gift Fund IV are acquiring up to 26.00% stake in V.I.P. Industries Limited
- The offer is valued at INR 1,437.78 crore
- The offer price is INR 388.00 per equity share
- The open offer is being made in compliance with SEBI regulations
- The acquisition is subject to the receipt of the Required Statutory Approval