VIP Industries has announced the allotment of 25,142 equity shares pursuant to the exercise of Employee Stock Appreciation Rights under the VIP Employees Stock Appreciation Rights Plan, 2018.
The allotment was approved by the Allotment Committee of the Board of Directors on August 18, 2025. These fully paid-up equity shares have a face value of ₹2 each and rank pari-passu with the existing equity shares of the company.
Following the allotment, the equity base of the company has increased from 14,20,19,704 to 14,20,44,846 equity shares of ₹2 each.
Please take the above on record and acknowledge receipt of the same.
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