StockWatch
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Dairy Products
Shareholding22 Aug 2026, 11:02 am

IVG Trust Acquires 3.71% in Vadilal Industries, 10.64% in Vadilal Enterprises

AI Summary

IVG Trust has acquired 2,66,565 equity shares, representing 3.71% of Vadilal Industries Limited (VIL), and 91,777 equity shares, representing 10.64% of Vadilal Enterprises Limited (VEL). The acquisitions were made from Mr. Virendrabhai Ramchandra Gandhi, pursuant to a SEBI Exemption Order dated 03.07.2026. Despite these acquisitions, there has been no change in the aggregate promoter/promoter group shareholding of the target companies. The total equity share capital of VIL is 71,87,830 shares, and VEL is 8,62,668 shares.

Key Highlights

  • IVG Trust acquired 3.71% stake in Vadilal Industries.
  • IVG Trust acquired 10.64% stake in Vadilal Enterprises.
  • Acquisitions made from Mr. Virendrabhai Ramchandra Gandhi.
  • No change in aggregate promoter/promoter group shareholding.
  • Transaction executed under SEBI Exemption Order.