VIP Industries Promoters to Sell Another 4% Stake via Block Deal

• VIP Industries Ltd. promoters plan to sell approximately 4% stake through a block deal.
• This transaction is expected to reduce the promoters' stake to about 16%, marking the final tranche of stake sale.
• Earlier, promoters sold a 26% stake to Multiples PE, indicating a strategic shift for the company.
• Chairman Dilip Piramal highlighted the positive impact of PE investors, aiming for 2-3x business growth.
• VIP Industries shares closed 0.7% higher at ₹382, but the stock has seen a 21% decline in 2025, its worst year since 2013.

Why It Matters: VIP Industries promoters are offloading another 4% stake, signaling a strategic shift with PE investment.