VIP Industries holds 58th annual general meeting, discusses financials

VIP Industries Limited convened its 58th annual general meeting (AGM) virtually on Wednesday, September 10, 2025, at 03:00 p.m. IST. The meeting, held via video conferencing, discussed the company's performance for the financial year 2024-25 and growth plans. Shareholders were informed about the company's audited standalone and consolidated financial statements for the year ended March 31, 2025.

Key resolutions included the re-appointment of Dilip Piramal as non-executive, non-independent director-chairman, and the appointment of a secretarial auditor. Additionally, approvals were sought for the waiver of recovery of excess managerial remuneration paid to Radhika Piramal (executive vice chairperson), Neetu Kashiramka (managing director), and Ashish Saha (executive director) for the financial year 2024-25. Granting of special rights pursuant to SHA and amendment and restatement of the articles of association was also on the agenda.

The AGM proceedings concluded at 03:38 p.m., with all resolutions deemed passed subject to requisite majority. The company confirmed that voting results would be available on its website and on the National Stock Exchange of India Ltd., BSE Ltd., and NSDL websites within two working days of the meeting's conclusion.