VIP Industries Jumps 7% as 26% Equity Changes Hands in Block Deal

Business
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Moneycontrol•24-12-2025, 10:08
VIP Industries Jumps 7% as 26% Equity Changes Hands in Block Deal
- •VIP Industries Ltd shares surged over 7% today.
- •Approximately 26% equity stake (3.7 crore shares) changed hands in a large block deal.
- •This transaction follows a series of promoter stake sales in recent months.
- •The block deal size mirrors the residual open-offer quantum announced by Multiples Private Equity.
- •Market reacted positively to ownership changes despite YTD 19% stock decline.
Why It Matters: VIP Industries shares jumped over 7% today as a 26% equity stake changed hands in a block deal.
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