IVG Trust Acquired Promoter Stake in Vadilal Industries Limited Through Multiple Entities
IVG Trust has indirectly acquired equity shares of Vadilal Industries Limited (VIL) through the purchase of stakes held by promoter group entities, according to details released on July 18, 2026. The acquisition involved transactions executed against three associated companies: Vadilal International Private Limited (VIPL), Vadilal Finance Company Private Limited (VFCPL'), and Veronica Constructions Private Limited.The acquisitions were conducted as IVG Trust acquired specific shares from Mr. Virendrabhai Ramchandra Gandhi in these promoter group entities.
Details of the acquisition across the involved companies are provided below:
| Entity | Stake in VIL (%) | Shares Acquired by IVG Trust | Seller (Percentage) |
|---|---|---|---|
| Vadilal International Private Limited (VIPL) | 39.09% | 50,000 shares (representing 33.33% of VIPL) | Virendrabhai Ramchandra Gandhi |
| Vadilal Finance Company Private Limited (VFCPL') | 4.57% | 3,023 shares (representing 30.23% of VFCPL) | Virendrabhai Ramchandra Gandhi |
| Veronica Constructions Private Limited (Veronica) | 3.40% | 3,041 shares (representing 30.41% of Veronica) | Virendrabhai Ramchandra Gandhi |
Shareholding Status in Vadilal Industries Limited (VIL)
The transaction resulted in the following changes in the shareholding pattern of VIL:| Category | Pre-Acquisition Holding | Post Acquisition Holding |
|---|---|---|
| Promoter / Promoter Group | 46,52,099 shares (64.72% Shareholding) | 46,52,099 shares (64.72% Shareholding) |
| Public | 25,35,731 shares (35.28% Shareholding) | 25,35,731 shares (35.28% Shareholding) |
| Total | 71,87,830 shares (100%) | 71,87,830 shares (100%) |
Vadilal Industries Limited maintains an equity share capital of 71,87,830 equity shares of Rs. 10 each, aggregating to Rs 7,18,78,300. This total voting capital remains unchanged post-acquisition.
Subsidiary Company Shareholding Changes
The acquisitions led to specific changes in the share structure of the associated promoter group companies:Vadilal International Private Limited (VIPL)
Before the acquisition, Mr. Virendrabhai Ramchandra Gandhi held 50,000 shares (33.33%) in VIPL, while Others held 1,00,000 shares (66.67%). Following IVG Trust's purchase of these shares, the shareholding structure remained stable at 1,50,000 total shares:| Shareholder | Pre-acquisition Holding (Shares) | Post-acquisition Holding (Shares) |
|---|---|---|
| Virendrabhai Ramchandra Gandhi | 50,000 | - |
| IVG Trust | - | 50,000 |
| Others | 1,00,000 | 1,00,000 |
Vadilal Finance Company Private Limited (VFCPL')
The total share capital in VFCPL' is 10,000 shares. Pre-acquisition, Mr. Virendrabhai Ramchandra Gandhi held 3,023 shares (30.23%), and Others held 6,977 shares (69.77%). Post-acquisition, IVG Trust holds 3,023 shares (30.23%).Veronica Constructions Private Limited
The total share capital in Veronica is 10,000 shares. Similarly, Mr. Virendrabhai Ramchandra Gandhi initially held 3,041 shares (30.41%), which were acquired by IVG Trust. Post-acquisition, IVG Trust holds 3,041 shares (30.41%).Despite the transactions across these entities, there has been no change in the aggregate promoter or promoter group shareholding of Vadilal Industries Limited.
VADILALIND Stock Price Movement
Today, Vadilal Industries Limited saw its shares climb slightly, settling up 0.11%. The stock traded on a volume of 6,767 shares as it closed in positive territory.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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