VIP Clothing opens special window for re-lodgement of physical share transfers

1 min read     Updated on 05 Jun 2026, 02:52 PM
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Jubin VScanX News Team
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VIP Clothing Limited has opened a special window from February 05, 2026, to February 04, 2027, for the re-lodgement of physical share transfer requests that were previously rejected due to documentation issues. The initiative, based on a SEBI circular, requires transfers to be processed only in dematerialized form. Shareholders must submit documents to MUFG Inline India Private Limited.

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VIP Clothing Limited has established a one-time special window for shareholders to re-lodge requests for the transfer of physical shares that were previously rejected, returned, or not processed due to documentation deficiencies. This facility is available from February 05, 2026, to February 04, 2027, pursuant to SEBI Circular No. SEBI/HO/MIRSD/MIRSD-RTAMB/P/CIR/2026/0000000030 dated January 30, 2026.

The special window specifically applies to transfer requests made prior to the applicable period defined in the SEBI circular. Shareholders whose original requests were rejected due to deficiencies in documentation or a lock-in period of one year are eligible to utilize this facility. Upon successful verification, the share transfer will be processed exclusively in dematerialized form.

Re-lodgement Process

Eligible investors must re-lodge their earlier requests with the company's Registrar and Share Transfer Agent (RTA), MUFG Inline India Private Limited (formerly Link Intime India Private Limited). Shareholders are required to submit the requisite documents and rectify any deficiencies during the specified window. The securities re-lodged for transfer, including pending requests, will be issued in demat form following the due process for transfer-cum-demat.

Contact Details

Investors may send their documents to the company or the RTA at the following addresses:

Entity Address Contact Details
VIP Clothing Limited C-6, Road No. 22, MIDC, Andheri (East), Mumbai - 400 093 Phone: 022-40209000/28257624/25
Email: investor.relations@viporg.com
MUFG Inline India Private Limited C-101, 247 Park, L.B.S. Marg, Vikhroli (West), Mumbai - 400 083 Tel: +91 22 49186000
Email: rnt.helpdesk@linkintime.co.in

The company has encouraged all investors who previously submitted transfer requests but have not yet received their shares due to outstanding deficiencies to take advantage of this special window. Additionally, all shareholders have been requested to update their email IDs with the company, RTA, or depository participants.

Historical Stock Returns for VIP Clothing

1 Day5 Days1 Month6 Months1 Year5 Years
-0.42%-3.08%+16.85%-28.33%-38.04%+41.37%

What impact will the mandatory conversion to dematerialized form have on shareholders who currently hold physical shares and lack demat accounts?

Is this one-time special window expected to set a precedent for other companies facing similar backlogs of rejected physical share transfers?

How will the company measure the success of this initiative in terms of reducing the volume of unprocessed transfer requests?

VIP Clothing updates EGM notice on pricing and valuation reports

1 min read     Updated on 05 Jun 2026, 12:09 PM
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VIP Clothing has issued a corrigendum to its Extraordinary General Meeting (EGM) notice scheduled for June 11, 2026. The update revises the objects of the issue regarding the utilization of proceeds, updates website links for the pricing certificate and valuation report, and corrects the status of Ms. Avyukta Kapil Pathare to “Promoter Group.” The company also specified undertakings regarding the re-computation of warrant prices in line with SEBI ICDR Regulations.

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VIP Clothing has issued a corrigendum to the notice of its Extraordinary General Meeting (EGM) scheduled for June 11, 2026, to update details regarding pricing and valuation reports. The corrigendum revises specific sections of the explanatory statement, including the objects of the issue and the identity of beneficial owners, while confirming the meeting will proceed via Video Conferencing (VC) or Other Audio-Visual Means (OAVM).

The company updated the website links for the pricing certificate issued by Abhishek Wagh, Proprietor of M/s. Abhishek Wagh & Associates, and the valuation report issued by CA Dhananjay Walke of V S Jadon & Co Valuers LLP. Both documents are now accessible on the company’s investor relations page. Additionally, the status of Ms. Avyukta Kapil Pathare, listed in the investor pre-issue table, has been corrected to “Promoter Group.”

Key Revisions to the Notice

The corrigendum modifies several points within the explanatory statement attached to the EGM notice. The changes primarily concern the utilization of issue proceeds, the justification for the pricing of the preferential issue, and the undertakings related to warrant allotment.

Updated Disclosures

Item Description Details
Objects of the Issue Utilization of proceeds Funds to be kept in bank deposits or short-term funds in scheduled commercial banks until fully utilized.
Pricing Certificate Issuer Abhishek Wagh, Proprietor of M/s. Abhishek Wagh & Associates (Membership No. 65319).
Valuation Report Issuer CA Dhananjay Walke, Registered Valuer (IBBI Registration No.: IBBI/RV/02/2020/13637).
Investor Status Ms. Avyukta Kapil Pathare Status updated to “Promoter Group”.

Undertakings on Warrant Pricing

The company specified that it will re-compute the price of warrants to be allotted under the Promoter and Non-Promoter Preferential Issue in accordance with SEBI ICDR Regulations. If the amount payable following this re-computation is not paid within the stipulated time, the warrants allotted under both categories will remain locked-in until the payment is made by the warrant holder.

The corrigendum confirms that all other contents of the original EGM notice, dated May 18, 2026, remain unchanged. The document is available on the websites of BSE Limited, National Stock Exchange of India Limited, and VIP Clothing Limited. The EGM is set for June 11, 2026, at 12:00 P.M. IST.

Historical Stock Returns for VIP Clothing

1 Day5 Days1 Month6 Months1 Year5 Years
-0.42%-3.08%+16.85%-28.33%-38.04%+41.37%

How will the re-computation of warrant prices under SEBI ICDR Regulations impact the company's capital structure and promoter holdings?

What specific factors led to the delay in issuing the corrigendum so close to the EGM date?

How will the updated status of Ms. Avyukta Kapil Pathare as a 'Promoter Group' member influence investor perception of corporate governance?

More News on VIP Clothing

1 Year Returns:-38.04%