BSECompany Update1d ago · 3 Aug 2026, 02:17 pm
Please find attached herewith Intimation for Grant of Employee Stock Appreciation Rights
VIP Industries Ltd-$ · 507880
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VIP Industries Ltd has granted 1,50,000 Employee Stock Appreciation Rights (ESARs) to eligible employees under the VIP Employees Stock Appreciation Rights Plan 2018, with a total of 17,06,587 equity shares covered and a vesting period of 5 years.
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VIP Industries Ltd-$ - 507880 - Announcement Under Regulations 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 - Grant Of Employee Stock Appreciation Rights
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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