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V.I.P.INDUSTRIES LTD. ( (IN:VIPIND) ) has issued an announcement.
V.I.P. Industries Ltd. has announced the adoption of a new set of Articles of Association, approved during its 58th Annual General Meeting. This amendment incorporates provisions from a Shareholders’ Agreement with Multiples Private Equity Fund IV and others, granting Multiples Group significant influence over board nominations and voting rights. The changes are expected to impact the company’s governance structure and shareholder dynamics, potentially affecting future strategic decisions and stakeholder interests.
More about V.I.P.INDUSTRIES LTD.
V.I.P. Industries Ltd. operates in the manufacturing sector, focusing on producing and selling luggage and travel accessories. The company is known for its wide range of products catering to various market segments, including both domestic and international markets.
Average Trading Volume: 56,704
Technical Sentiment Signal: Hold
Current Market Cap: 61.32B INR
Find detailed analytics on VIPIND stock on TipRanks’ Stock Analysis page.