VIP Industries witnessed a significant reduction in promoter group shareholding as five connected entities disposed of substantial stakes through open market transactions on December 24, 2025. The transaction involved the sale of 3,70,32,606 shares, representing 25.73% of the company's total share capital.

Transaction Details

The share disposal was executed by five promoter group entities, all connected to Dilip G. Piramal and his family members. The transaction details reveal the scale of the shareholding reduction across these entities.

Pre and Post-Transaction Holdings

The shareholding pattern shows a dramatic reduction in the promoter group's stake following the open market sale. Before the transaction, the five entities collectively held 43.17% of VIP Industries' share capital.

Regulatory Compliance

The disclosure was made pursuant to Regulation 29(2) of the Securities and Exchange Board of India (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. All five entities submitted their respective disclosures to both BSE Limited and National Stock Exchange of India Limited on December 24, 2025.

The selling entities are part of the promoter group, with Dilip G. Piramal serving as Chairman Managing Director of DGP Securities Limited and Director of the other four entities. The persons acting in concert include Dilip G. Piramal, Shalini Dilip Piramal, Radhika Piramal, Aparna Piramal Raje, and DGP Enterprises Private Limited.

Market Transaction Mode

All share disposals were executed through open market transactions, providing liquidity to public shareholders. The simultaneous sale by multiple promoter group entities indicates a coordinated approach to reducing the promoter group's overall shareholding in VIP Industries Limited.

VIP Industries , the prominent luggage and travel accessories manufacturer, recorded a substantial block trade on the Bombay Stock Exchange (BSE) during market opening hours. The transaction represents one of the significant institutional trades in the mid-cap segment.

Block Trade Details

The block trade executed at market opening involved a considerable volume of shares with specific pricing parameters. The transaction details highlight the scale of institutional activity in the stock.

Market Implications

Block trades of this magnitude typically indicate significant institutional participation and can influence the stock's trading pattern. The execution at market opening suggests coordinated institutional activity, with the transaction involving 3.70 crore shares of VIP Industries.

The price point of ₹372.95 per share for this block transaction provides insight into the institutional valuation of the company's shares. Such large-scale transactions often reflect strategic positioning by institutional investors or portfolio rebalancing activities.

Transaction Significance

The ₹1,381.29 crore transaction value underscores the substantial nature of this block trade in VIP Industries' shares. Block trades are typically executed when large volumes need to be transacted without significantly impacting the stock's market price through regular trading channels.

This transaction represents a notable development for VIP Industries, given the significant value and volume involved in the block trade execution on BSE.