VIP Industries Shares Soar 14% on Massive 26% Stake Block Deal

• VIP Industries shares jumped 14% after a block deal involving approximately 26% (3.7 crore shares) of the company's stake.
• The transaction is linked to an earlier open offer by Multiples Private Equity and its partners, though buyer/seller names are undisclosed.
• This follows previous stake changes, including promoters selling 6.2% in September and Multiples Private Equity acquiring 32% in July from Dilip Piramal.
• The open offer for 26% was priced at ₹388 per share, valuing the company at ₹3,200 crore for that transaction.
• The market views the ownership change positively, despite the stock's 19% decline year-to-date in 2025.

Why It Matters: Major ownership shift at VIP Industries drives stock surge; new strategies awaited.