
Virendrabhai Gandhi Acquires Shares in Vadilal Industries & Enterprises
Virendrabhai Ramchandra Gandhi has acquired equity shares in Vadilal Industries Limited (VIL) and Vadilal Enterprises Limited (VEL). The acquisition includes 1.50% in VIL and 1.04% in VEL from Mrs. Ila V Gandhi, along with smaller percentages from joint holdings and Mr. Janmajay Virendrabhai Gandhi. Notably, these transactions have not altered the aggregate promoter/promoter group shareholding in either company. The disclosure is made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
Key Highlights
- Virendrabhai Gandhi acquired shares in Vadilal Industries and Vadilal Enterprises.
- Acquisitions were made from Mrs. Ila V Gandhi and Mr. Janmajay Virendrabhai Gandhi.
- No change in aggregate promoter/promoter group shareholding occurred.
- Disclosure filed under SEBI Takeover Regulations.
- Transactions involved direct acquisition of equity shares.
Price Impact
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