V.I.P.INDUSTRIES LTD.-$

VIP Industries Ltd announced that its Board of Directors has approved a proposal to raise funds up to ₹500 crores during FY 2026-27. The funds will be raised through various instruments including equity shares, debt securities, convertible securities, and others, in one or more tranches. This strategic fundraise aims to accelerate the company's growth initiatives, support working capital, enhance capabilities, reinforce market leadership, and capture emerging opportunities in the travel ecosystem.

VIP Industries Ltd has announced that its Board of Directors will convene on September 18, 2026, to consider and approve proposals for raising funds. The company may raise capital through various instruments including equity shares, debt securities, convertible securities, depository receipts, FCCBs, warrants, preference shares, or other financial instruments. This can be done via public issue, rights issue, qualified institutions placement, debt issue, preferential issue, or other permissible modes. Additionally, the trading window for company securities will be closed from September 12, 2026, to September 20, 2026, for designated persons.

VIP Industries Ltd announced its un-audited financial results for the quarter ended June 30, 2026. The results, which are both standalone and consolidated, were approved by the Board of Directors at a meeting held on August 12, 2026. The company has submitted these results along with the Limited Review Reports from its statutory auditors, Price Waterhouse Chartered Accountants LLP, in compliance with SEBI regulations. The financial statements adhere to Indian Accounting Standard 34 for interim financial reporting. The results will be published on the company's website and in newspapers.

VIP Industries has reported a revenue uptrend in the first quarter ended June 30, 2026 (Q1FY27), with consolidated income from operations rising 3% year-on-year to ₹578 crore. This marks the first growth in seven quarters. The company's EBITDA improved significantly to -1% (₹-7 Cr) from a loss of -11.6% (₹-219 Cr) in FY26, though profitability was impacted by raw material inflation. The new management team, onboarded in Q4 FY26, has focused on stabilizing operations, strengthening brands, optimizing inventory, and re-energizing the channel ecosystem. Over 80 new product launches contributed 50% of the revenue, and the company anticipates higher growth in Q2.

VIP Industries Ltd announced its un-audited financial results for the quarter ended June 30, 2026. The Board of Directors approved the standalone and consolidated financial results. The results were reviewed by statutory auditors, Price Waterhouse Chartered Accountants LLP, who provided a limited review report. The company has also uploaded the results on its website and will publish them in newspapers as per SEBI regulations. The review confirmed that the financial statements were prepared in accordance with Indian Accounting Standard 34 and other generally accepted accounting principles, and disclosed information as required by listing regulations without material misstatement.

VIP Industries Ltd has announced that its Board of Directors will convene on August 12, 2026. The primary agenda item is to consider and approve the Un-Audited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. These results will undergo a limited review by the company's statutory auditors. Additionally, the trading window for securities, which opened on July 1, 2026, will remain closed until August 14, 2026, for designated persons, in compliance with SEBI regulations.

VIP Industries Ltd announced that its Nomination and Remuneration Committee has approved the grant of 1,50,000 Employee Stock Appreciation Rights (ESARs) to eligible employees under the VIP Employees Stock Appreciation Rights Plan 2018. The ESARs are issued at a price of ₹388/- per share and cover up to 17,06,587 equity shares. Vested ESARs can be exercised within 5 years from the date of vesting. The company has obtained in-principle approval from the stock exchanges for this grant.

VIP Industries Ltd has announced significant changes in its key management. Ms. Shalaka Koparkar has been appointed as Company Secretary & Compliance Officer and Key Managerial Personnel, effective August 3, 2026. Concurrently, Mr. Narayan Saraf will take over as Chief Financial Officer (CFO) and Key Managerial Personnel from September 1, 2026, bringing over 25 years of experience from various sectors. The company also noted the resignation of Mr. Rahul Poddar as CFO and KMP, effective August 31, 2026, due to personal reasons. The Board expressed appreciation for Mr. Poddar's contributions. Ms. Koparkar and Mr. Saraf are now authorized to determine the materiality of events for disclosure.

VIP Industries Ltd announced significant changes in its management team following a Board of Directors meeting held on August 3, 2026. Ms. Shalaka Koparkar has been appointed as the new Company Secretary & Compliance Officer and Key Managerial Personnel, effective August 3, 2026. Additionally, Mr. Narayan Saraf will join as the Chief Financial Officer (CFO) and Key Managerial Personnel from September 1, 2026, bringing over 25 years of leadership experience. The company also noted the resignation of Mr. Rahul Poddar as CFO and KMP, effective August 31, 2026, due to personal reasons. The Board expressed appreciation for Mr. Poddar's contributions. Ms. Koparkar and Mr. Saraf are now authorized under Regulation 30(5) to determine materiality of events for disclosures.

VIP Industries Ltd announced significant management changes following a Board of Directors meeting held on August 3, 2026. Ms. Shalaka Koparkar has been appointed as the new Company Secretary & Compliance Officer and Key Managerial Personnel, effective August 3, 2026. Additionally, Mr. Narayan Saraf will take over as the Chief Financial Officer (CFO) and Key Managerial Personnel from September 1, 2026. Mr. Saraf brings over 25 years of leadership experience in finance across various sectors. The company also noted the resignation of Mr. Rahul Poddar from the CFO position due to personal reasons, with his last day being August 31, 2026. The Board expressed appreciation for Mr. Poddar's contributions. The company also authorized Ms. Koparkar and Mr. Saraf, along with Mr. Atul Jain, to determine the materiality of events for disclosure.