Vadilal Industries Limited

Virendrabhai Ramchandra Gandhi transferred 2,66,565 shares of Vadilal Industries Limited, representing a 3.71% stake, to IVG Trust in an off-market transaction. This transaction was executed as an inter-se promoter transfer pursuant to a SEBI exemption order.

A dairy products manufacturer specializing in ice cream and frozen desserts, the company traces its origins to 1907 when it began operations using traditional production methods. It produces a diverse range of dairy-based products distributed through retail outlets and distribution networks across India. The company maintains its heritage of artisanal craftsmanship while operating modern manufacturing facilities to serve the Indian consumer market.