AI assistant
V.I.P. Industries Ltd. — M&A Activity 2025
Aug 26, 2025
59261_rns_2025-08-26_2c221054-4261-4110-8898-1744145b5904.pdf
M&A Activity
Open in viewerOpens in your device viewer
==> picture [415 x 50] intentionally omitted <==
Date: August 26, 2025
BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai – 400 001 Scrip Code: 507880
National Stock Exchange of India Limited 5th Floor, Exchange Plaza Bandra (East) Mumbai - 400 051 Scrip Code: VIPIND
Dear Sir/ Madam,
Re: Disclosure in terms of Regulations 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, as amended (“Listing Regulations”).
We refer to our disclosure dated July 13, 2025 inter alia regarding: (a) the execution of a share purchase agreement (“ SPA ”) whereby certain members of the promoter and promoter group of the Company (“ Sellers ”) have agreed to sell up to 4,54,46,305 equity shares in the Company to certain purchasers (“ Purchasers ”), (b) the execution of a shareholders’ agreement between certain members of the promoter and promoter group of the Company and certain Purchasers; and (c) acquisition of management and control of the Company by certain Purchasers resulting in an open offer.
In this regard, we write to inform you that the Competition Commission of India vide its letter dated August 26, 2025 has granted its approval in regard to the above-mentioned transaction. The consummation of the transaction remains subject to satisfaction of other conditions precedent as set out in the SPA.
Request you to kindly take the same on record.
Thanking You.
Yours faithfully,
For VIP Industries Limited
Ashitosh Digitally signed by Ashitosh Kamlesh Sheth Kamlesh Sheth Date: 2025.08.26 21:50:25 +05'30'
Ashitosh Sheth
Company Secretary & Head Legal
ACS 25997
==> picture [415 x 74] intentionally omitted <==