NSEGeneral Updates3 Aug 2026 · 3 Aug 2026, 02:17 pm

General Updates

VIP Industries Limited · VIPIND

✦ AI Summaryemployee_benefits

VIP Industries Limited has informed the Exchange that the Nomination and Remuneration Committee has approved the grant of 1,50,000 Employee Stock Appreciation Rights (ESARs) to eligible employees under the VIP Employees Stock Appreciation Rights Plan 2018.

Analysis Scores

Earnings Impact5/10
Growth Catalyst3/10
Governance Concern2/10
Regulatory Risk1/10
Balance Sheet Risk4/10
Liquidity Impact6/10
Market Sentiment5/10

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Full Announcement

VIP Industries Limited has informed the Exchange that the Nomination and Remuneration Committee of the Company at its meeting held today i.e. August 3, 2026, has approved the grant of 1,50,000 Employee Stock Appreciation Rights (ESARs ) to the eligible employees under the VIP Employees Stock Appreciation Rights Plan 2018.

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VIPINDUSTRIES_03082026141622_Intimation_of_grant_of_ESARs.pdf

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August 3, 2026 BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, 5th Floor, Dalal St, Kala Ghoda, Fort, Plot No. C/1, G Block, Mumbai – 400001 Bandra Kurla Complex, Mumbai – 400 051. BSE Scrip Code No. 507880 NSE Symbol – VIPIND Dear Sir / Madam, Subject: Disclosure of events or information under Regulation 30 of the Securities Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 We wish to inform you that, the Nomination and Remuneration Committee of the Company at its meeting held today i.e. August 3, 2026, has approved the grant of 1,50,000 Employee Stock Appreciation Rights (“ESARs”) to the eligible employees under the VIP Employees Stock Appreciation Rights Plan 2018. The details of same are given herein below: a) Brief details of ESARs granted 1,50,000 ESARs to the eligible employees of the Company or its subsidiary (ies) as determined by the Committee b) Whether the scheme is in terms of SEBI Y e s (Share Based Employee Benefits and Sweat Equity)Regulations 2021 (if applicable) c) Total number of shares covered by the ESARs Not more than 17,06,587 (Seventeen Lakhs Six Thousand Five hundred Eighty Seven) equity shares d) Pricing formula ESARs will be issued at a price of Rs. 388/- per share. e) ESARs vested; 16,39,000 (out of earlier grants) f) Time within which ESAR may be exercised The vested ESARs shall be excisable within a period of 5 (Five) years from date of vesting of such ESARs The ESAR’s granted are governed by the ESARP 2018/Plan which was submitted with the exchanges at the time of obtaining In-Principle Approval. The Company has received In Principle approval from the Stock Exchanges where it is listed. Please take the above on your record and disseminate the same for the information of Investor. Thanking you, Yours faithfully, For V.I.P. INDUSTRIES LIMITED Atul Jain Managing Director DIN: 07434943 Registered Office: DGP House, 5th Floor, 88C, Old Prabhadevi Road, Mumbai 400 025. INDIA. TEL: +91 (22) 66539000 FAX: +91 (22) 66539089, EMAIL: corpcomm@vipbags.com WEB: www.vipbags.com CIN - L25200MH1968PLC013914