NSEAllotment of Securities6d ago · 12 Sept 2026, 08:23 pm
Allotment of Securities
VIP Clothing Limited · VIPCLOTHNG
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VIP Clothing Limited has informed the Exchange regarding allotment of 84,75,000 securities pursuant to Preferential Issue at its Preferential Issue Committee meeting held on September 12, 2026.
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VIP Clothing Limited has informed the Exchange regarding allotment of 84,75,000 securities pursuant to Preferential Issue at its Preferential Issue Committee meeting held on September 12, 2026
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September 12, 2026
BSE Limited National Stock Exchange of India Limited
Phiroze Jeejeebhoy Towers 5th Floor, Exchange Plaza,
Dalal Street Bandra Kurla Complex Bandra (East)
Mumbai – 400 001 Mumbai-400051
Scrip Code: 532613 Symbol: VIPCLOTHING
Subject: Intimation for Allotment of Convertible Warrants pursuant to the provisions of Chapter
V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements)
Regulations, 2018 (the “SEBI ICDR Regulations”) and applicable provisions of the Companies
Act, 2013 and the rules made thereunder (the “Preferential Issue”)
Dear Sir/Madam,
This is with reference to the In-principal approval granted by BSE vide BSE letter no.
LOD/PREF/GB/FIP/719/2026-27 and NSE vide NSE letter NSE/LIST/55319 dated August 28, 2026
and for preferential issue of warrants to Promoters and Non-Promoters.
Pursuant to the provisions of the Securities and Exchange Board of India (Listing Obligations and
Disclosure Requirements) Regulations, 2015, we hereby inform you that the Preferential Issue Committee
on Friday, September 12, 2026, has approved the allotment of 84,75,000 (Eighty-Four Lakhs Seventy-
Five Thousand) convertible Warrants (“Warrants”) to person belonging to Promoters & Non-Promoter
Category. Each Warrant is convertible into one Equity Share at any time within 18 months from the date
of allotment of such warrants. The Issue price of each warrant is Rs. 22.50/- (Rupees Twenty-Two and
Fifty Paise Only) per Warrant (including a Premium of Rs. 20.50/- (Rupees Twenty and Fifty Paise Only).
The details of consideration received, and allotment of convertible warrants is as follows:
Sr. Name of Categori No. of Rate Consideration Percentage of No. of
No. Allottees es warrants (Rs.) Received Total warrants
subscribed (Rs.) Consideration allotted
Received
1. Sunil Jaykumar Promoter 22,50,000 11.26 2,53,35,000 50% 22,50,000
Pathare
2. Kapil Jaykumar Promoter 22,50,000 11.26 2,53,35,000 50% 22,50,000
Pathare
3. Kanishk Sunil Promoter 19,50,000 11.26 2,19,57,000 50% 19,50,000
Pathare Group
4. Avyukta Kapil Promoter 19,50,000 11.26 2,19,57,000 50% 19,50,000
Pathare Group
5. Sonia Vyas Non- 75,000 5.63 4,22,250 25% 75,000
Promoter
Total 84,75,000 9,50,06,250 84,75,000
The requisite disclosure, pursuant to Para A of Schedule III of Regulation 30 of the Securities and
Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulation, 2015 read with
SEBI Master Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026, are
enclosed as Annexure A.
VIP Clothing Limited
CIN: L18101MH1991PLC059804
Registered office: C-6, Road No.22, MIDC, Andheri (East), Mumbai -400 093.
Phone: 022 – 40209000/1/2/3/4/5
Email- id: investor.relations@vip.in ; Website: www.vipclothing.in
The Preferential Issue Committee commenced at 6:30 p.m. and concluded on 7:10 p.m.
Kindly take the same on record.
Thanking You,
For VIP Clothing Limited
Rahul Soni
Company Secretary and Compliance Officer
Membership No. A61305
Encl.: As Above
VIP Clothing Limited
CIN: L18101MH1991PLC059804
Registered office: C-6, Road No.22, MIDC, Andheri (East), Mumbai -400 093.
Phone: 022 – 40209000/1/2/3/4/5
Email- id: investor.relations@vip.in ; Website: www.vipclothing.in
Annexure-A
Disclosure pursuant to Para A of Part A of Schedule Ill of Regulation 30 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulation, 2015 read with Circular No.
HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated January 30, 2026
Sr. Particulars Details of Securities
a) Type of securities proposed Warrants Convertible into Equity Shares of face value Rs. 2/- per
to be issued share.
b) Type of issuance (further Preferential Issue of Convertible Warrants in accordance with the
public offering, rights issue, SEBI (ICDR) Regulation 2018 read with the relevant provisions of
depository receipts (ADR/ Companies Act, 2013 and rules made thereunder.
GDR), qualified institutions
placement, preferential
allotment etc.)
c) Total number of securities 84,75,000 (Eighty Four Lakhs Seventy Five Thousand) Convertible
proposed to be issued or the Warrants (“Warrants”)
total amount for which the
securities will be issued
d) In case of preferential issue the listed entity shall disclose the following additional details to the
stock exchange(s):
1. Name of Investors and their Name of Proposed No. of Warrants Category
corresponding subscription Allottee allotted
of No. of Warrants Shares Sunil Jaykumar Pathare 22,50,000 Promoter
Kapil Jaykumar Pathare 22,50,000 Promoter
Kanishk Sunil Pathare 19,50,000 Promoter Group
Avyukta Kapil Pathare 19,50,000 Promoter Group
Sonia Vyas 75,000 Non-Promoter
Total 84,75,000
2. No. of Investors 5 (Five)
3. Post Allotment of securities - Issue price Rs.22.50/- per share (including premium of Rs. 20.50/-
outcome of the subscription, per share).
issue price / allotted price (in
case of convertibles), number
of investors;
4. in case of convertibles - a. The proposed allottees referred to above, belonging to the
intimation on conversion of promoter and promoter group and the non-promoter category,
securities or on lapse of the have already paid 50% and 25% of the total consideration,
tenure of the instrument; respectively. They shall be required to pay the remaining 50% and
75% of the consideration, respectively, prior to the conversion of
the warrants into equity shares.
b. Each of the Warrant upon exercise of option of conversion shall
be convertible into 1 (One) Equity Share having face value of
Rs.2/- (Rupees Two only) each.
c. The tenure of the Warrants is 18 months from the date of
allotment of such warrants.
d. The Warrants shall be convertible in one or more tranches within
the specified tenure.
VIP Clothing Limited
CIN: L18101MH1991PLC059804
Registered office: C-6, Road No.22, MIDC, Andheri (East), Mumbai -400 093.
Phone: 022 – 40209000/1/2/3/4/5
Email- id: investor.relations@vip.in ; Website: www.vipclothing.in