Piramal entities divest significant stake in VIP Industries

Piramal Vibhuti Investments Limited and Kiddy Plast Limited, both part of the promoter group, have disclosed the sale of shares in VIP Industries Limited. The transaction, dated September 26, 2025, was conducted in the open market.

Piramal Vibhuti Investments Limited sold 7,752,742 shares, representing 5.46% of VIP Industries' total share/voting capital. Prior to this sale, their holding was 22,322,585 shares (15.72%), which has now reduced to 14,569,843 shares (10.26%). Concurrently, Kiddy Plast Limited disposed of 1,087,334 shares, amounting to 0.77% of the total share/voting capital. Their holding decreased from 3,323,696 shares (2.34%) to 2,236,362 shares (1.57%) after the sale.

The combined disposal by both entities reflects a notable change in their stake in VIP Industries Limited. This disclosure was made pursuant to Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.