VIP Industries to transfer unclaimed dividends to IEPF by September 3

1 min read     Updated on 05 Jun 2026, 03:48 PM
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AI Summary

VIP Industries announced it will transfer unclaimed dividends for FY19 and corresponding shares to the IEPF on September 3, 2026. Shareholders have until August 14, 2026, to claim these dues. The company has notified affected shareholders and published the notice in newspapers.

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vip industries will transfer unclaimed dividends for the financial year 2018-19 and the corresponding equity shares to the Investor Education and Protection Fund (IEPF) on September 3, 2026. This action follows the requirement under Section 124(6) of the Companies Act, 2013, and Rule 6 of the IEPF Authority (Accounting, Audit, Transfer and Refund) Rules, 2016. The transfer applies to amounts that have remained unpaid or unclaimed for a period of seven consecutive years.

The company has issued a reminder to shareholders whose dividends and shares are due for transfer to the Demat Account of the IEPF Authority. The final dividend declared for FY18-19, which remains unpaid, will be credited to the IEPF on the specified date. Additionally, the shares on which the dividend remains unpaid for seven consecutive years will be transferred as per the prescribed procedure. However, shares will not be transferred if there is a specific court or tribunal order restraining such a transfer or if they are hypothecated under the Depositories Act, 1996.

Shareholders are requested to claim the unpaid dividend for FY18-19 onwards on or before August 14, 2026. Failure to do so will result in the company transferring the funds and shares to the IEPF without further notice. Once transferred, no claim will lie against the company regarding the dividend amount and the shares. Shareholders may claim the dividend and shares from the IEPF authorities after following the procedure prescribed in the rules.

The details of shares liable to be transferred are available on the company's website. For queries, shareholders can contact the company's Registrar and Transfer Agent, MUGF Intime India Private Limited. The notice regarding this transfer was published in The Free Press Journal and Nav Shakti on June 5, 2026.

Key Event Date
Dividend Transfer to IEPF September 3, 2026
Claim Deadline August 14, 2026
Newspaper Publication June 5, 2026

Historical Stock Returns for VIP Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-1.09%+8.97%+10.57%-5.54%-6.03%-15.20%

What impact will the transfer of these shares to the IEPF have on VIP Industries' shareholder structure and floating stock?

How might the deadline influence trading volumes or volatility in VIP Industries' stock as shareholders act to claim dividends?

Could this event trigger similar actions by other companies facing unclaimed dividend liabilities?

VIP Industries launches Travel VIP campaign with three new collections

1 min read     Updated on 02 Jun 2026, 03:06 AM
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Reviewed by
Jubin VScanX News Team
AI Summary

VIP Industries launched the Travel VIP campaign with three new luggage collections—VIP Classic, VIP Flex, and VIP Pod—aimed at the modern Indian traveller. Conceptualized by McCann India, the campaign features cinematic films and highlights design-led functionality. The collections are available in retail stores and online starting at INR 6,950.

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VIP Industries has launched the Travel VIP campaign, introducing three new luggage collections—VIP Classic, VIP Flex, and VIP Pod—engineered for the evolving demands of the modern Indian traveller. The campaign marks a strategic shift for the company, focusing on contemporary design and purposeful functionality to strengthen its position in the luggage market.

The Travel VIP campaign is anchored by a series of cinematic product films, one for each collection, showcasing bold colour palettes and aspirational travel settings. The initiative was conceptualized by McCann India, which aimed to highlight how product features elevate the travel experience rather than simply listing specifications.

New Collections Overview

The three collections address specific travel needs through distinct design features:

Collection Key Feature Description
VIP Classic Expander Provides additional packing space with a refined finish and sophisticated palette.
VIP Flex Flexi Flapâ„¢ Front-access panel for quick access to essentials; 90:10 deep, book-opening construction.
VIP Pod Utility Features Built-in cup holder, integrated mobile holder, and suspension wheel system for smooth movement.

Atul Jain, Managing Director, vip industries , stated that the launch reflects the company's vision for the future of the category. He emphasized that the new collections combine contemporary design with everyday ease to meet the expectations of today's travellers.

The campaign will be supported by high-frequency airtime across regional television and Connected TV, along with out-of-home activations in key cities. An influencer programme involving travel-focused content creators will also generate authentic content for the new collections.

The new collections are available across leading retail stores and online, with prices starting at INR 6,950.

Historical Stock Returns for VIP Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-1.09%+8.97%+10.57%-5.54%-6.03%-15.20%

How will this strategic shift towards contemporary design impact VIP Industries' market share against emerging direct-to-consumer competitors?

What are the expected revenue contributions from the new collections in the upcoming fiscal year?

Will the company expand the 'Travel VIP' campaign to international markets to cater to the global Indian diaspora?

More News on VIP Industries

1 Year Returns:-6.03%