BSECompany Update30 Sept 2026 · 30 Sept 2026, 01:00 pm
Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 ('LODR Regulations')
Vadilal Industries Ltd-$ · 519156
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Vadilal Industries Ltd has entered into a revised supply agreement with Vadilal Enterprises Ltd for a period of 12 months from November 1, 2026 to October 31, 2027, subject to shareholder approval.
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Vadilal Industries Ltd-$ - 519156 - Disclosure Pursuant To Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('LODR Regulations')
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Date: 30th September, 2026
To, To
The National Stock Exchange of India Ltd. Department of Corporate Services,
Exchange Plaza, BSE Limited,
Plot no. C/1, G Block, Phiroze Jeejeebhoy Towers
Bandra-Kurla Complex Dalal Street, Fort,
Bandra (E), Mumbai - 400 051. Mumbai - 400 001.
Script Code No. VADILALIND-EQ Script Code: 519156
Dear Sir/ Madam,
Subject: Disclosure pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 (“LODR Regulations”)
This disclosure is being issued pursuant to Regulation 30 read with the relevant provisions of the LODR
Regulations, read with SEBI Master Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated
January 30, 2026 (“SEBI Circular”).
We refer to our disclosure dated September 11, 2026, wherein it was informed that the sale and purchase
agreement between Vadilal Enterprises Limited (“VEL”) and the Company, executed on September 29,
2016 for a period of 10 years and scheduled to expire on September 30, 2026, could not be renewed with
effect from October 1, 2026, as VEL had not received the required approval from its public shareholders
for the proposed renewal.
Since the said disclosure, the Company has undertaken various measures to ensure business continuity
as per its contingency plans. Simultaneously, to avoid any disruption to its business operations, the
Company has engaged in discussions with VEL regarding the execution of the supply agreement on certain
revised terms.
Following discussions between the Company and VEL, the parties have agreed to enter into a supply
agreement on certain revised terms for a period of 12 (twelve) months from November 1, 2026 to
October 31, 2027 (“Revised Agreement”). The Revised Agreement was approved by the Audit Committee
and the Board of Directors of the Company in their respective meetings held on September 30, 2026.
The execution of the Revised Agreement remains subject to, and conditional upon, the approval of the
shareholders of the Company and VEL in accordance with the applicable provisions of the LODR
Regulations. Further details, including the notice of the Extra-Ordinary General Meeting, will be
communicated in due course.
The Company continues to take necessary measures to ensure continuity of smooth business operations
and to safeguard the interests of the Company and its public shareholders.
Please take the same on your records.
For VADILAL INDUSTRIES LIMITED
Rashmi Bhatt
Company Secretary & Compliance Officer