Four promoters of VIP Clothing acquired 84 lakh shares for ₹18.90 Cr at ₹22.50 apiece through a preferential allotment, increasing their combined stake from 16.72% to 17.56%.
A manufacturer, marketer, and distributor of men's and women's innerwear and socks, VIP Clothing has served the Indian apparel market since its incorporation in 1991. The company specializes in everyday essentials, operating across manufacturing, marketing, and distribution channels to reach consumers nationwide. Its product portfolio focuses on quality inner wear and hosiery items designed for both genders across various price segments.
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