Shareholding22 Aug 2026, 11:01 am
IVG Trust Acquires Shares in Vadilal Industries & Vadilal Enterprises
AI Summary
IVG Trust has acquired 2,66,565 shares (3.71%) in Vadilal Industries Limited and 91,777 shares (10.64%) in Vadilal Enterprises Limited from Mr. Virendrabhai Ramchandra Gandhi. These acquisitions were made directly and pursuant to a SEBI Exemption Order dated July 3, 2026. The filing confirms no change in the aggregate promoter/promoter group shareholding of the target companies as a result of these transactions. The total share capital of Vadilal Industries remains at 71,87,830 shares, and Vadilal Enterprises at 8,62,668 shares.
Key Highlights
- IVG Trust acquired stakes in two Vadilal group companies.
- Acquisitions were made from Mr. Virendrabhai Ramchandra Gandhi.
- No change in aggregate promoter/promoter group shareholding.
- Transactions executed via direct acquisition under SEBI exemption.
- Disclosure filed under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Price Impact
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