IVG Trust Acquires Stakes in Vadilal Industries & Vadilal Enterprises

IVG Trust has acquired 3.71% stake in Vadilal Industries Limited (VIL) and 10.64% stake in Vadilal Enterprises Limited (VEL). The acquisition was made from Mr. Virendrabhai Ramchandra Gandhi. VIL comprises 2,66,565 shares and VEL comprises 91,777 shares. This transaction was executed pursuant to a SEBI Exemption Order dated July 3, 2026. Importantly, the aggregate promoter and promoter group shareholding in both companies remains unchanged as a result of this acquisition. The total equity share capital of VIL is Rs. 7,18,78,300 and VEL is Rs. 86,26,680.