VIP Clothing Limited secured shareholder approval to raise ₹47.70 crore through the preferential allotment of warrants at its Extraordinary General Meeting (EGM) held on June 11, 2026. The resolution to issue up to 2,12,00,000 warrants convertible into equity shares at ₹22.50 per warrant passed with 99.9995% of the total valid votes cast. The proceeds are designated for working capital requirements, balance sheet strengthening, and general corporate purposes.

The meeting, conducted via Video Conferencing, was chaired by Mr. Sunil Pathare, Chairman and Managing Director. Mr. Ketan Ravindra Shirwadkar of M/s. KRS AND CO served as the Scrutinizer for the e-voting process. The voting rights were reckoned as on June 4, 2026.

Voting Results

The special resolution received overwhelming support from both promoter and public shareholders. A total of 4,61,59,282 shares were voted, with 4,61,59,061 shares cast in favour and 221 shares against.

Meeting Details

Remote e-voting was facilitated by MUFG Intime India Private Limited from June 8, 2026, to June 10, 2026. The facility for e-voting was also available during the EGM. The results were declared by the Scrutinizer, confirming that the resolution was passed with the requisite special majority. The report has been submitted to BSE Limited and National Stock Exchange of India Limited.

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:

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.