VADILAL INDUSTRIES LTD.-$

Vadilal Industries Ltd has announced an Extra-Ordinary General Meeting (EGM) scheduled for October 27, 2026, to be held via Video Conferencing. The primary agenda is to approve the execution of a supply agreement with Vadilal Enterprises Limited (VEL). This agreement, set to commence from November 1, 2026, and valid for 12 months until October 31, 2027, is for an aggregate amount not exceeding INR 1,426 Crores. The transaction is intended to be carried out in the ordinary course of business on an arm's length basis. The cut-off date for determining eligible members to vote electronically and attend the EGM is October 20, 2026. The notice of the EGM has also been uploaded on the company's website.

Vadilal Industries Ltd has entered into a revised supply agreement with Vadilal Enterprises Limited (VEL) for a period of 12 months, from November 1, 2026, to October 31, 2027. This follows the non-renewal of a previous 10-year agreement due to VEL not receiving public shareholder approval. The company has implemented contingency plans for business continuity and engaged in discussions for the new agreement. The Revised Agreement has been approved by the Audit Committee and Board of Directors, but is still subject to shareholder approval from both companies. Vadilal Industries is taking measures to ensure smooth business operations and protect shareholder interests.

Vadilal Industries Limited announced that its Board of Directors has approved convening an Extra Ordinary General Meeting (EGM) of its members. The EGM is scheduled to be held on Tuesday, October 27, 2026, at 11:30 A.M. IST. The meeting will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM), in compliance with applicable circulars. A record date for the EGM has been set as October 20, 2026. The notice for the EGM will be submitted to the stock exchanges shortly. The board meeting commenced at 11:30 A.M. and concluded at 12:30 P.M.

Vadilal Industries Ltd has announced the closure of its trading window for all designated persons and their relatives. This closure is in effect from October 1, 2026, and will remain open 48 hours after the declaration of the unaudited financial results for the quarter and half-year ending September 30, 2026. The company is adhering to SEBI regulations and its internal code of conduct regarding insider trading.

Vadilal Industries Ltd announced that its domestic sale and distribution agreement with Vadilal Enterprises Limited, set to expire on September 30, 2026, will not be renewed on current terms. Vadilal Enterprises Limited cited a lack of required approvals from its public shareholders as the reason. While the agreement was approved by Vadilal Industries' public shareholders at the AGM, the non-renewal necessitates the company to evaluate next steps to ensure business continuity and protect stakeholder interests.

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.

Virendrabhai Ramchandra Gandhi has transferred 2,66,565 shares (3.72%) of Vadilal Industries Ltd and 91,777 shares (10.64%) of Vadilal Enterprises Ltd to IVG Trust. This transfer was made pursuant to a SEBI Exemption Order. Importantly, the aggregate promoter and promoter group shareholding in both companies remains unchanged following this transaction. The disclosure was made under SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

IVG Trust, through its trustee Virendrabhai Ramchandra Gandhi, has acquired equity shares in Vadilal Industries Limited (VIL) and Vadilal Enterprises Limited (VEL). The acquisition involved 2,66,565 shares (3.71%) in VIL and 91,777 shares (10.64%) in VEL, both from Mr. Virendrabhai Ramchandra Gandhi. This transaction was conducted directly and pursuant to a SEBI Exemption Order. Importantly, the filing states there has been no change in the aggregate promoter or promoter group shareholding of the target companies as a result of this acquisition. The total share capital of VIL is 71,87,830 shares and VEL is 8,62,668 shares.

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.

Virendrabhai Ramchandra Gandhi has acquired equity shares in Vadilal Industries Limited (VIL) and Vadilal Enterprises Limited (VEL) through direct acquisition. In VIL, he acquired 1,07,931 shares (1.50%) from Mrs. Ila V Gandhi and 2,977 shares (0.04%) via joint capacity transfer. In VEL, he acquired 8,957 shares (1.04%) from Mrs. Ila V Gandhi, 10,613 shares (1.23%) from Mr. Janmajay Virendrabhai Gandhi, 2,912 shares (0.34%) via joint capacity transfer with Mrs. Ila V Gandhi, and 50 shares (0.006%) via joint capacity transfer with Mr. Janmajay Virendrabhai Gandhi. These acquisitions were made pursuant to SEBI Exemption Orders. Importantly, there has been no change in the aggregate promoter/promoter group shareholding for either company as a result of these transactions.