BSECompany Update12h ago · 30 Sept 2026, 03:27 pm
Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (''LODR Regulations'')
Vadilal Enterprises Ltd · 519152
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Vadilal Enterprises Ltd has reached an agreement with Vadilal Industries Ltd to enter into a fresh supply agreement on revised terms, ensuring business continuity and operational stability.
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Earnings Impact5/10
Growth Catalyst6/10
Governance Concern2/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact7/10
Market Sentiment5/10
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Vadilal Enterprises Ltd - 519152 - Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 ("Listing Regulations").
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Date: September 30, 2026
Department of Corporate Services,
BSE Limited,
Phiroze Jeejeebhoy Towers
Dalal Street, Fort,
Mumbai - 400 001.
Scrip Code: 519152
Subject: Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”).
Dear Sir / Madam,
We refer to our disclosure dated September 10, 2026 under Regulation 30 of the Listing Regulations,
wherein the Company had informed the stock exchange that the renewal of the supply arrangement
between Vadilal Industries Limited (“VIL”) and the Company (“Supply Agreement”), which was due to
expire on September 30, 2026, had not received the requisite approval of the public shareholders of
the Company at its 41st annual general meeting held on September 8, 2026.
Considering the commercial significance of the Supply Agreement, and with a view to safeguarding the
Company’s business continuity and operational stability, the Company has promptly and thoroughly
engaged in detailed discussions with relevant stakeholders.
Based on feedback received from the stakeholders and advice of the Company’s advisors with a view
to ensure business continuity and no disruptions, the Company has reached an agreement with VIL to
enter into a fresh supply agreement on certain revised terms and has aligned with VIL on a draft form
of a supply agreement for the continued supply of products by VIL to the Company (“Draft 2026
Agreement”). The Draft 2026 Agreement is proposed to be valid up to October 31, 2027 and execution
of the same shall be subject to and conditional upon the approval of the shareholders of the Company.
The Draft 2026 Agreement has been approved by the Audit Committee and the Board Company in
their respective meetings held on September 30, 2026
The Company shall, in due course, circulate notice convening the shareholder approval process, setting
out the terms of the Draft 2026 Agreement and seeking the requisite shareholder approval in
accordance with applicable law.
The disclosure is being provided to your good offices in accordance with Regulation 30 of the Listing
Regulations read with SEBI Master Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated
January 30, 2026.
Request you to take this on record.
Thanking you,
Yours faithfully,
For VADILAL ENTERPRISES LIMITED
Nikita Udhani
Company Secretary & Compliance Officer