Virendrabhai Ramchandra Gandhi Contributes Shares of Promoter Entities in Vadilal Industries Ltd. to IVG Trust
Virilal Industries Limited has seen a transfer of equity shares from Mr. Virendrabhai Ramchandra Gandhi through various promoter group entities to IVG Trust. These contributions relate to three specific companies: Vadilal International Private Limited (VIPL), Vadilal Finance Company Private Limited (VFCPL), and Veronica Constructions Private Limited.The transfers, which took place on July 18, 2026, involved the contribution of shares held by Mr. Gandhi in each promoter entity to IVG Trust. These entities hold stakes in Vadilal Industries Ltd. (TC).
Contributions across Promoter Entities:
The specific contributions include:
- Vadilal International Private Limited (VIPL): Mr. Gandhi contributed 50,000 shares, representing a 33.33% shareholding in VIPL (a promoter group entity). VIPL itself holds 39.09% of the target company.
- Vadilal Finance Company Private Limited (VFCPL): Mr. Gandhi contributed 3,023 shares, which constituted a 30.23% shareholding in VFCPL (a promoter group entity). VFCPL holds 4.57% of the target company.
- Veronica Constructions Private Limited: Mr. Gandhi contributed 3,041 shares, representing a 30.41% shareholding in Veronica (a promoter group entity). Veronica holds 3.40% of the target company.
These actions were executed under an exemption order dated July 03, 2026.
Shareholding Status of Vadilal Industries Ltd.
Following these transfers, the equity share capital and total voting capital of Vadilal Industries Limited remained unchanged. The company has a total equity share capital of 71,87,830 shares, each with a face value of Rs. 10/-, aggregating to Rs. 7,18,78,300.
The structure of the target company prior and post transfer is as follows:
| Shareholders | Pre-transfer Holding (Shares) | Pre-transfer Shareholding (%) | Post-transfer Holding (Shares) | Post-transfer Shareholding (%) |
|---|---|---|---|---|
| Promoter / Promoter Group | 46,52,099 | 64.72% | 46,52,099 | 64.72% |
| Public | 25,35,731 | 35.28% | 25,35,731 | 35.28% |
| Total | 71,87,830 | 100% | 71,87,830 | 100% |
The company confirmed that there was no change in the aggregate promoter or promoter group shareholding of Vadilal Industries Ltd. due to these contributions.
VADILALIND Stock Price Movement
As of 10:52 AM, shares of Vadilal Industries Limited are slipping by 1.04% in live trading, currently positioned at ₹6746. The stock has experienced significant intraday movement, with trading ranging from a low of ₹6698 to a high of ₹6801.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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