Vadilal Industries has announced the closure of its trading window effective October 1, 2026. This measure applies to all Designated Persons and their relatives as the company prepares to declare unaudited financial results for the quarter and half year ending September 30, 2026.

The restriction remains in force until 48 hours after the official announcement of the financial performance for the period ending September 30, 2026. This action is taken pursuant to Regulation 9 of the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of practice regarding fair disclosure of unpublished price sensitive information.

Board Meeting Date Pending

The company stated that the specific date of the Board Meeting where these results will be considered will be intimated to the stock exchanges in due course. Until then, no dealing in the securities of the company is permitted by the designated group during the specified blackout period.

Compliance Details

The filing was submitted to both the National Stock Exchange of India Ltd and BSE Limited on September 28, 2026. The communication was signed digitally by Rashmi Bhatt, Company Secretary, confirming the procedural adherence to regulatory norms.

Vadilal Industries shareholders approved the audited financial statements for FY26 and reappointed a retiring director at its 42nd annual general meeting. The meeting also ratified an omnibus approval for a related-party transaction.

The meeting was held on September 10, 2026, via video conference. Mr. Nagarajan Sivaramakrishnan, an independent director, chaired the proceedings. Mrs. Rashmi Bhatt, company secretary, confirmed the quorum and introduced the board members, auditors, and scrutinizer Mr. Manoj Hurkat.

Resolutions Passed

Shareholders considered four resolutions during the ordinary and special business segments. All proposals were put to vote via remote e-voting and ballot during the meeting. The scrutinizer’s report, dated September 10, 2026, confirmed that all resolutions passed.

Mr. Janmajay V. Gandhi retires by rotation under Section 152(6) of the Companies Act, 2013 and offered himself for re-appointment. The special business item involved renewing a material related-party transaction with Vadilal Enterprises Limited.

Voting Breakdown

Remote e-voting was available from September 7, 2026, to September 9, 2026. Members present at the AGM could cast votes until 15 minutes after the conclusion of the meeting. The total paid-up capital as on the cut-off date of September 3, 2026, was ₹7.19 crore, divided into 71,87,830 equity shares of ₹10 each.

For the first three ordinary resolutions, promoter and promoter group shareholders held 46,52,324 shares and cast 44,96,930 votes in favour, representing a 96.66% turnout from their holdings. Public institutional investors also voted unanimously in favour of these items.

The related-party transaction (Resolution 4) saw promoters abstain from voting, as required under Section 188 of the Companies Act, 2013. The resolution passed with 2,53,078 votes in favour (99.98%) and 56 votes against (0.02%), based solely on non-related party votes.

Meeting Details

The scrutinizer’s report and voting results will be communicated to the stock exchanges and published on the company website within two working days. CS Manoj Rajaram Hurkat served as the independent scrutinizer for the process.